17 August, 2016 by The TZ Newswire Staff Comments Off on In Leaked Doc, Germany Accuses Erdogan Of Supporting And Financing Terrorist Groups
In Leaked Doc, Germany Accuses Erdogan Of Supporting And Financing Terrorist Groups
While it will come as no surprise to readers of this site, which last year first revealed that Turkey was a key financial backer of the Islamic State, exchanging ISIS oil for cold, hard (USD) cash, it now appears that the Germans have finally caught up, after a leaked internal government document accused the Turkish government of supporting terrorist organizations such as Hamas, public broadcaster ARD reported yesterday.
17 August, 2016 by The TZ Newswire Staff Comments Off on Still Some Potential For Higher Yields Next Year
Still Some Potential For Higher Yields Next Year
17 August, 2016 by The TZ Newswire Staff Comments Off on Trading ideas – European session 18 Aug
Trading ideas – European session 18 Aug
Your daily thread to exchange trading ideas and discussion 18 Aug 2016
The Fed left us all guessing still so how are you going to play the greenback now?
What else is on your radar?
17 August, 2016 by The TZ Newswire Staff Comments Off on German building permits rise strongly to 182,820 for H1 2016
German building permits rise strongly to 182,820 for H1 2016
Strong growth in the German housing sector 18 Aug 2016
– +30% yy
– 156,986 new residential building permits
– 25,834 permits for construction work on existing buildings
That last figure reflects the influx of refugees as the category includes shelters for asylum seekers.
17 August, 2016 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures up +0.7% in early European trading
Eurostoxx 50 futures up +0.7% in early European trading
Positive tones as we wait on the official openings 18 Aug 2016
– DAX futures +0.7%
– CAC 40 +0.6%
– FTSE +0.5%
Bund futures up 29 at 167.24
17 August, 2016 by The TZ Newswire Staff Comments Off on Nikkei 225 closes down -1.55% at 16,486.01
Nikkei 225 closes down -1.55% at 16,486.01
Soggy afternoon session for Japanese equities as USDJPY remains on the back foot 18 Aug 2016
– -259.63
– open 16649.91
– high 16714.61
– low 16481.41
– USDJPY 99.85
Expect bids between 99.50-60. Initial offers around 100.00 with more between 100.25-35
17 August, 2016 by The TZ Newswire Staff Comments Off on Banks Ponder Vault Cash In Response To Negative Rates: Lending Reality In A Nutshell
Banks Ponder Vault Cash In Response To Negative Rates: Lending Reality In A Nutshell
Submitted by Michael Shedlock via MishTalk.com,
Under guise of preventing fraud the ECB voted to kill the €500 note.
Fraud was not the real reason. The real reason was to make it more difficult for banks to store physical cash to avoid negative interest penalties… but it’s not working.
Cash Under the Mattress