11 August, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 12 Aug
Data coming up in this session 12 Aug
Your economic data/event calendar for today 12 Aug 2016
Greetings one and all. TGIF eh?
Quite a busy data calendar today to help go into the week-end with some good potential opportunity.
11 August, 2016 by The TZ Newswire Staff Comments Off on Nikkei posts new session highs and underpins USDJPY
Nikkei posts new session highs and underpins USDJPY
A good session for Japanese equities 12 Aug
– fresh highs just posted 16929.78
– +1.14%
– USDJPY nudges higher to 102.12
Sizeable Japanese exporter-led offers at 102.50
11 August, 2016 by The TZ Newswire Staff Comments Off on Japan economy – concerns on inaccurate stats – BOJ efforts to get better data
Japan economy – concerns on inaccurate stats – BOJ efforts to get better data
Is the Japanese economy performing better (much better!) than official statistics indicate?
A new analysis from economists at the Bank of Japan suggest that contrary to official stats saying the economy contracted after the sales-tax hike hurt consumer spending in 2014, GDP actually grew 2.4%!
11 August, 2016 by The TZ Newswire Staff Comments Off on UBS: China "bank recapitalisation and bailouts have begun"
UBS: China "bank recapitalisation and bailouts have begun"
UBS have analysed 765 banks in China, they conclude:
– Efforts to clean up the country’s financial system are well underway
– As much as 1.8 trillion yuan ($271 billion) of impaired loans shed between 2013 and 2015, and 620 billion yuan of capital raised in the same period
says UBS
11 August, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Chinese data misses to end the Asian week
ForexLive Asia FX news wrap: Chinese data misses to end the Asian week
Forex news for Asia trading Friday 12 August 2016
China:
Some USD strength during the session beginning as Tokyo got active this morning.
USD/JPY climbed back above 102. Not that the range was large, it topped out just above 102.15 and has since come back below the figure toward 101.90. There was little Japan news today.
11 August, 2016 by The TZ Newswire Staff Comments Off on Asia Markets: Asian stocks come out strong after record day for U.S. indexes
Asia Markets: Asian stocks come out strong after record day for U.S. indexes
Stocks rose across the board in Asia on Friday, catching an updraft from the U.S., where the three main indexes closed at record levels on the same day for the first time since 1999.
read more
11 August, 2016 by The TZ Newswire Staff Comments Off on Is a free floating Chinese yuan still more than a decade away?
Is a free floating Chinese yuan still more than a decade away?
Bjarke Roed-Frederiksen is a Svenska Handelsbanken economist.
He has been the yuan’s most accurate forecaster (as tracked by Bloomberg over the last year)