12 September, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: China deploys rare tool to cool bond market
The Wall Street Journal: China deploys rare tool to cool bond market
China’s central bank used a longer-dated tool to inject cash into the financial system for the first time in seven months, intensifying its effort to cool a domestic bond market that has thrived on an influx of cheap, short-term money.
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12 September, 2016 by The TZ Newswire Staff Comments Off on China data beats expectations – responses
China data beats expectations – responses
The Chinese industrial production, retail sales and asset investment data is here
The initial response (via Bloomberg):
– other recent data that have helped shore up confidence in the world’s second-largest economy, including better-than-expected trade and the official factory gauge unexpectedly rising to the highest level in almost two years
12 September, 2016 by The TZ Newswire Staff Comments Off on Hillary Versus Donald: War Or Peace?
Hillary Versus Donald: War Or Peace?
Although history does not exactly repeat itself, it does provide parallels and sometimes quite ominous ones. Such is the case with the current U.S. Presidential election and the one which occurred one hundred years earlier.
12 September, 2016 by The TZ Newswire Staff Comments Off on Apple’s Irish tax bill shows why US tax system needs fixing: Lew
Apple’s Irish tax bill shows why US tax system needs fixing: Lew
The European Commission’s tax ruling threatens to erode America’s corporate tax base, Treasury Secretary Jack Lew writes in the WSJ.
12 September, 2016 by The TZ Newswire Staff Comments Off on Wells Fargo Made a Huge Mistake, but It’s Still a Good Bank Stock to Own for the Long Term
Wells Fargo Made a Huge Mistake, but It’s Still a Good Bank Stock to Own for the Long Term
A dunce cap for Wells Fargo. Image source: iStock/Thinkstock.
Wells Fargo (NYSE: WFC) has done bad. Real bad.
12 September, 2016 by The TZ Newswire Staff Comments Off on More Bond Market Confusion
More Bond Market Confusion
This article is published in collaboration with Scutify, where you can
find real-time markets a
12 September, 2016 by The TZ Newswire Staff Comments Off on China August Industrial Production: 6.3% y/y (vs. 6.2% expected) + more data
China August Industrial Production: 6.3% y/y (vs. 6.2% expected) + more data
China August data:
Industrial Production
6.3% y/y BEAT
– expected 6.2%, prior 6.0%
For the YTD, comes in at 6.0% y/y AS EXPECTED
– expected 6.0% and prior 6.0%
Retail Sales 10.6% y/y BEAT