The Traderszone Network

11 September, 2016 by The TZ Newswire Staff Comments Off on PM Key says NZ dollar reflects strength of New Zealand economy

PM Key says NZ dollar reflects strength of New Zealand economy

New Zealand’s PM John Key speaking at a news conference 12 Sept
– stronger dairy outlook boosting NZD
Bloomberg reporting.
No further comments at present.
NZDUSD currently trawling around 0.7321 after a dip from 0.7345 earlier in Asia.

11 September, 2016 by The TZ Newswire Staff Comments Off on Fed’s Kashkari: Monetary policy ‘largely doing what it can’

Fed’s Kashkari: Monetary policy ‘largely doing what it can’

Head of the  Federal Reserve Bank of Minneapolis Neel Kashkari
– Says monetary policy ‘largely doing what it can’ to support robust recovery
– Need regulatory, fiscal policies to boost US growth
From an essay released by the Minneapolis Fed by Kashkari

11 September, 2016 by The TZ Newswire Staff Comments Off on Defiant North Korea ‘ready for new nuclear test’ as global powers mull response

Defiant North Korea ‘ready for new nuclear test’ as global powers mull response

North Korea has reportedly geared up for another nuclear test, as experts warned that sanctions for the rogue state would fail.

11 September, 2016 by The TZ Newswire Staff Comments Off on Capital Markets In The Week Ahead

Capital Markets In The Week Ahead

11 September, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news: Equities lower, currencies subdued

ForexLive Asia FX news: Equities lower, currencies subdued

Forex news for Asia trading Monday 12 September 2016
Weekend:
Continuation moves in Asia with Friday’s equity market sell off continuing into the new week starting here today. Gold was a little softer also, and oil slipped.

11 September, 2016 by The TZ Newswire Staff Comments Off on Samsung Sheds $20BN Of Market Cap In 2 Days After Recalling Exploding Phones

Samsung Sheds $20BN Of Market Cap In 2 Days After Recalling Exploding Phones

Turns out spontaneous pocket explosions are not a desirable feature for smartphone consumers…just ask Samsung.  The company was forced to recall 2.5mm phones last week after reports surfaced of the device exploding during or after charging.  That doesn’t look healthy.

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11 September, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Activist investor Starboard urges drugmaker Perrigo to refocus business

The Wall Street Journal: Activist investor Starboard urges drugmaker Perrigo to refocus business

Starboard Value LP has built a 4.6% stake in Perrigo Co., worth nearly $600 million, and is urging the drug company to refocus on its core business.
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