1 October, 2016 by The TZ Newswire Staff Comments Off on According To JPMorgan, This Is The Biggest Risk Facing Deutsche Bank At This Point
According To JPMorgan, This Is The Biggest Risk Facing Deutsche Bank At This Point
Deutsche Bank uncertainties were added to concerns about BoJ tapering spooking global equity markets over the past week. Widespread press reports about Deutsche Bank clients and counterparties reducing their financial exposure to the bank, including their derivatives exposures, alarmed market participants.
At the same time, JPMorgan warns, the amount borrowed by euro-area banks at the ECB’s USD auction this week spiked to $6.35bn raising fears about funding.
1 October, 2016 by The TZ Newswire Staff Comments Off on Automakers Must Hate This Chart
Automakers Must Hate This Chart
Submitted by Eric Bush via Gavekal Capital blog,
There are a lot of disruptions taking place in the auto industry.
Uber, Lyft and many smaller regional competitors are driving taxi drivers crazy and have made it easier than ever to get around without owning a vehicle.
1 October, 2016 by The TZ Newswire Staff Comments Off on Louis Vuitton Moet Hennessy: A Quality Investment?
Louis Vuitton Moet Hennessy: A Quality Investment?
Image source: LVMH.
1 October, 2016 by The TZ Newswire Staff Comments Off on Recent news out of China
Recent news out of China
The FT reports that the yuan became an official reserve currency today. The recent depreciation of the yuan has become a non-issue:
But Chen Long, China economist at Gavekal Dragonomics, notes that for most investors — and even the US government — the PBoC’s “gradual and managed depreciation of the renminbi is a non-story right now”.
1 October, 2016 by The TZ Newswire Staff Comments Off on Tax Tips for Americans in Their 50s
Tax Tips for Americans in Their 50s
Image source: Getty Images.
In your 50s? Looking for ways to take some of the bite out of tax-time? You’ve come to the right place. Here are five ideas that could take some of the sting out of paying Uncle Sam in April.
1 October, 2016 by The TZ Newswire Staff Comments Off on Note for those trading Australian markets – time zone change this weekend
Note for those trading Australian markets – time zone change this weekend
Sydney, Melbourne (and some other cities in Australia) shifted to daylight saving time this weekend
– If you’re trading Australian markets, take note
– Clocks went forward one hour in NSW, Victoria, Tasmania, South Australia and the ACT
NZ shifted to daylight saving last week (on Sunday 25 September)
1 October, 2016 by The TZ Newswire Staff Comments Off on Sept 11 Widow Is First American To Sue Saudi Arabia For Terrorism: Her Full Lawsuit
Sept 11 Widow Is First American To Sue Saudi Arabia For Terrorism: Her Full Lawsuit
Two days ago, after the stunning Congressional override of Obama’s veto of the Justice Against Sponsors of Terrorism (JASTA), aka the “Sept.11” bill, we wondered how long until the first lawsuit by a Sept 11 victim naming Saudi Arabia as a defendant would emerge.
Has any “Sept 11” lawsuit been filed against Saudi Arabia yet
— zerohedge (@zerohedge) September 29, 2016
We didn’t have long to wait.