26 August, 2016 by The TZ Newswire Staff Comments Off on Why Yellen’s speech could cause a ‘crash’ in the currency market
Why Yellen’s speech could cause a ‘crash’ in the currency market
The stakes are particularly high for Janet Yellen on Friday, according to Boris Schlossberg of BK Asset Management.
26 August, 2016 by The TZ Newswire Staff Comments Off on Merkel says Brexit is a deep watershed moment in EU history
Merkel says Brexit is a deep watershed moment in EU history
German chancellor Angela Merkel speaking to reporters in Warsaw 26 Aug 2016
– we all regret UK’s vote to leave EU
Not all of us Angela.
– need to prepare Bratislava summit thoroughly
Good luck with that one.
26 August, 2016 by The TZ Newswire Staff Comments Off on Darrell Delamaide’s Political Capital: Hillary Clinton has the black vote in the bag, right?
Darrell Delamaide’s Political Capital: Hillary Clinton has the black vote in the bag, right?
Democratic nominee Hillary Clinton is widely considered to have the African-American vote in the bag, but she shouldn’t take it for granted, writes Darrell Delamaide.
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26 August, 2016 by The TZ Newswire Staff Comments Off on ForexLive European morning session news wrap: Yes folks, it’s all eyes on Jackson Hole
ForexLive European morning session news wrap: Yes folks, it’s all eyes on Jackson Hole
Forex news and economic trading headlines 26 August 2016
News:
Data:
It’s been an understandably scrappy session with all eyes on Yellen at Jackson Hole following the US Q2 GDP reading.
26 August, 2016 by The TZ Newswire Staff Comments Off on Look to Corporate Bonds for Higher Yields, Lower Risk
Look to Corporate Bonds for Higher Yields, Lower Risk
From Brad Hoppmann: Corporate debt is drawing considerable interest from investors these days, and for good reason — its combination of high yield and low risk is a rare find.
Good friends are hard to come by.
26 August, 2016 by The TZ Newswire Staff Comments Off on World’s biggest pension fund blames $52 billion quarterly loss on Brexit
World’s biggest pension fund blames $52 billion quarterly loss on Brexit
GPIF’s loss in April-June quarter almost matches shortfall for the whole of last year, the FT reports.
26 August, 2016 by The TZ Newswire Staff Comments Off on With Janet Yellen Just Hours Away, Directionless Markets Wait For A Signal
With Janet Yellen Just Hours Away, Directionless Markets Wait For A Signal
With Yellen’s much anticipated speech just hours away, the already comatose market flatlined overnight in another directionless session, with European stocks and US equity futures practically unchanged, while Asian shares to a two-week low, led by Japan, as investors showed a reluctance to take on risk before Yellen’s speech. The dollar was a tad lower, along with oil which continues to move on every single OPEC-meeting headline, and is set for its first weekly drop in a month.