5 September, 2016 by The TZ Newswire Staff Comments Off on One Trillion Euros Spent & This Is What Draghi Has To Show For It
One Trillion Euros Spent & This Is What Draghi Has To Show For It
It’s been 16 months since the European Central Bank began its voyage into the unknowable in March 2015, and as The FT notes, this week marks a milestone – it has now purchased over EUR 1 trillion in government (and corporate) bonds since it began QE.
The ECB buys bonds through the eurozone’s national central banks and in line with a member state’s overall contribution to eurozone GDP.
5 September, 2016 by The TZ Newswire Staff Comments Off on PBOC sets yuan reference rate for today at 6.6676 (vs. yesterday at 6.6873)
PBOC sets yuan reference rate for today at 6.6676 (vs. yesterday at 6.6873)
PBOC injects 20bn yuan via 7-day reverse repos
& injects 10bn yuan via 14-day reverse repos
CNY set higher against the USD
5 September, 2016 by The TZ Newswire Staff Comments Off on AUD continues its gains ahead of RBA meeting today
AUD continues its gains ahead of RBA meeting today
AUD/USD popping above 0.7600 and AUD/JPY no laggard either
You can see a prior top for AUD/JPY (on this short term chart) over to the left
Updates elsewhere:
5 September, 2016 by The TZ Newswire Staff Comments Off on You’ll be spending more on tech in next 5 years, warns Euromonitor
You’ll be spending more on tech in next 5 years, warns Euromonitor
You’re likely to shell out more cash for consumer electronics as connected hardware gains popularity, the consumer trends experts say.
5 September, 2016 by The TZ Newswire Staff Comments Off on This is why Japan’s bond yields are on the rise
This is why Japan’s bond yields are on the rise
It’s a conundrum: The BOJ is expected to ease policy further, but the country’s longer-end bond yields have climbed to six-month highs.
5 September, 2016 by The TZ Newswire Staff Comments Off on Guest Post: Being A ‘Famous Liberal Woman’ Means… Never Having To Say You’re Sorry
Guest Post: Being A ‘Famous Liberal Woman’ Means… Never Having To Say You’re Sorry
5 September, 2016 by The TZ Newswire Staff Comments Off on Yen keeps distance from 1-month low after Kuroda disappointment
Yen keeps distance from 1-month low after Kuroda disappointment
The yen kept some distance from a one-month low against the dollar on Tuesday after BOJ Governor Kuroda held back from signalling further easing.