18 September, 2016 by The TZ Newswire Staff Comments Off on Here is your chance to be Janet Yellen – play ‘Chair the Fed’!
Here is your chance to be Janet Yellen – play ‘Chair the Fed’!
The San Francisco Federal Reserve have a simulation game allowing YOU to take charge of FOMC policy.
h/t and thanks to Xin!
Check it out here:
Learn how monetary policy works by taking charge of a simulated economy.
Or, if you need no training to become the new Yellen, link direct to the game:
18 September, 2016 by The TZ Newswire Staff Comments Off on Dollar stands tall after US data bolsters Fed rate hike bets
Dollar stands tall after US data bolsters Fed rate hike bets
The dollar traded near a two-week high against a basket of major currencies on bolstered expectations that the Fed would raise rates this year.
18 September, 2016 by The TZ Newswire Staff Comments Off on Police Seek Motive Behind NYC Bombing, As Strange SJW Manifesto Take Credit For Explosion
Police Seek Motive Behind NYC Bombing, As Strange SJW Manifesto Take Credit For Explosion
In a day in which the Islamic State claimed responsibility for a “soldier” who stabbed nine people in a Minnesota Mall, authorities were urgently trying to avoid labeling last night’s IED explosion in midtown Manhattan which injured 29 people, as the second terrorist attack in the same day. So, it not terrorism, what was it?
18 September, 2016 by The TZ Newswire Staff Comments Off on Seed&Spark and MasterCard Team up to Launch “TVs Next Great Show”
Seed&Spark and MasterCard Team up to Launch “TVs Next Great Show”
Seed&Spark, the independent film crowdfunding platform, has partnered up with MasterCard on a “Crowdfunding Rally” created to uncover and launch “TVs next great show.” Launched on September 12th, the New Voice Crowdfunding Rally seeks to empower aspiring film creators to fund a short film or… Read More
18 September, 2016 by The TZ Newswire Staff Comments Off on China property prices for August +9.2% y/y (prior +7.9%
China property prices for August +9.2% y/y (prior +7.9%
That headline result (average new home prices in China’s 70 major cities) is from Reuters calculations, more details to come
– Beijing new home prices +23.5% y/y (prior +20.7%
18 September, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.6786
PBOC sets USD/CNY central rate at 6.6786
China is back from holidays. The previous set for the USD/CNY was back on Wednesday 14 September 2016 at 6.6895
In open market operations (OMOs) today:
– The People’s Bank of China inject 180bn yuan through 7-day reverse repos
For the RMB basket, CFETS set it at 94.28 on Wednesday last week
18 September, 2016 by The TZ Newswire Staff Comments Off on China ‘Banking Stress Indicator’ Spikes To Record High
China ‘Banking Stress Indicator’ Spikes To Record High
China’s credit-to-gross domestic product “gap” has reached 30.1%, the highest for the nation in data stretching back to 1995, according to the Basel-based Bank for International Settlements. As Bloomberg points out, the warning indicator for banking stress rose to a record in China in the first quarter, underscoring risks to the nation and the world from a rapid build-up of Chinese corporate debt.