25 August, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices retreat ahead of Yellen’s speech
Futures Movers: Oil prices retreat ahead of Yellen’s speech
Crude oil prices lose ground on Friday as market players wait for Federal Reserve Chairwoman Janet Yellen’s speech later Friday for hints on U.S.
25 August, 2016 by The TZ Newswire Staff Comments Off on July 2016 Spain retail sales 4.9% vs 4.3% exp y/y SA
July 2016 Spain retail sales 4.9% vs 4.3% exp y/y SA
Details form the July 2016 Spain retail sales data report 26 August 2016
Retail sales have recovered to their pre-crisis levels and shows that has helped underpin the Spanish recovery.
25 August, 2016 by The TZ Newswire Staff Comments Off on "Expensive" US Banks Are Global Outlier As ‘Yield Curve’ Inverts For First Time Since Lehman
"Expensive" US Banks Are Global Outlier As ‘Yield Curve’ Inverts For First Time Since Lehman
12-months US Libor squeezed higher in anticipation to changes in US regulation on prime money-market funds, kicking in on October 14th. However, Fasanara Capital’s Francesco Filia warns that critically, it is unclear whether such technical factors will fade, partially or in full, once the new regulation kicks in and uncertainties clear. Coincidentally, rates on short-dated govies also moved higher in past weeks in anticipation of potential rate hikes by the FED.
25 August, 2016 by The TZ Newswire Staff Comments Off on USDJPY orders 26 Aug
USDJPY orders 26 Aug
Currently 100.46 tightly contained still with all eyes on Yellen
Rightly or wrongly.
Offers: 100.65
100.85
101.00
101.25-30
101.50 101.75-80 102.00
Bids: 100.30
25 August, 2016 by The TZ Newswire Staff Comments Off on EURUSD orders 26 Aug
EURUSD orders 26 Aug
Currently flirting with 1.1300 again after a perky start to post 1.1308 highs
Offers:
1.1320-25
1.1350-55 1.1380-85 1.1400 (strong)
Bids: 1.1230 1.1185
25 August, 2016 by The TZ Newswire Staff Comments Off on Q2 2016 French GDP 0.0% vs 0.0% exp q/q
Q2 2016 French GDP 0.0% vs 0.0% exp q/q
Q2 2016 French GDP data report 26 August 2016
It may be bang on what was expected but it doesn’t make good reading.
Also out was August consumer confidence which came in at 97 vs 96 exp. Prior was 96.
25 August, 2016 by The TZ Newswire Staff Comments Off on Japan’s GPIF gets hit by slump in stocks to post a 3.9% loss for Q2
Japan’s GPIF gets hit by slump in stocks to post a 3.9% loss for Q2
News from the massive Japanese pension fund
The GPIF look to hold an allocation of around 25% for Japanese and foreign stocks, 35% for Japanese bonds and 15% for foreign bonds, so their a little short on most and over on Jap bonds at the moment.