4 September, 2016 by The TZ Newswire Staff Comments Off on Asia stocks rise as US jobs data miss pares Fed rate hike expectations
Asia stocks rise as US jobs data miss pares Fed rate hike expectations
Asian markets opened higher, with investors cheering a disappointing U.S. August jobs report, paring expectations for a September rate hike.
4 September, 2016 by The TZ Newswire Staff Comments Off on The Margin: Giant pandas declared no longer endangered
The Margin: Giant pandas declared no longer endangered
Giant pandas and their fans got some good news Sunday, as the World Wildlife Fund announced the beloved black-and-white bears are no longer endangered.
read more
4 September, 2016 by The TZ Newswire Staff Comments Off on Its Governor Glenn Stevens’s final RBA policy meeting Tuesday – preview for the AUD
Its Governor Glenn Stevens’s final RBA policy meeting Tuesday – preview for the AUD
I posted my brief Reserve Bank of Australia preview earlier today
Bloomberg have this up also, if you want to read a little more
“The Fed move is critically important for Australian policy,” said Shane Oliver, head of investment strategy at AMP Capital Investors Ltd. in Sydney. “If the Fed does nothing this month and comes out with a more dovish commentary then that’s going to put a lot of upward pressure on the Aussie dollar.”
4 September, 2016 by The TZ Newswire Staff Comments Off on Japan – Nikkei Services PMI 49.6 (prior 50.4) & Composite PMI 49.8 (prior 50.1)
Japan – Nikkei Services PMI 49.6 (prior 50.4) & Composite PMI 49.8 (prior 50.1)
Key points from Markit:
– Service sector activity declines slightly, following a marginal increase in July
– New business at Japanese service providers rose marginally
4 September, 2016 by The TZ Newswire Staff Comments Off on Why This $1.6 Billion Hedge Fund Is 50% In Cash
Why This $1.6 Billion Hedge Fund Is 50% In Cash
“The whole world is wrongly positioned,” warns Norwegian hedge fund firm Sector Asset Management’s founder Peter Andersland, “the common denominator for everything is the long duration — real estate, stocks, bonds. Everything is much more rate sensitive now.”
4 September, 2016 by The TZ Newswire Staff Comments Off on China headlines … ‘no basis for continuous yuan depreciation’
China headlines … ‘no basis for continuous yuan depreciation’
Some headlines crossing on the Bloomberg re China, and the yuan
–
China and US agree to promote growth using monetary policy
– China and US agree to promote growth using fiscal policy
(Yes, those are two consecutive headlines)