6 October, 2016 by The TZ Newswire Staff Comments Off on Algos, Barriers, Rumors: Some Theories On What Caused The Pound Flash Crash
Algos, Barriers, Rumors: Some Theories On What Caused The Pound Flash Crash
As reported moments ago, just around 7:07pm ET, cable snapped and plunged by what some say may have been as much as 1200 pips, dropping from 1.26 to as low as 1.14 according to some brokers, before snapping back up.
6 October, 2016 by The TZ Newswire Staff Comments Off on Nasdaq Wants to Patent Blockchain Backups for Exchanges
Nasdaq Wants to Patent Blockchain Backups for Exchanges
Nasdaq is looking to patent a way in which a blockchain can be used to record exchange transaction records.
6 October, 2016 by The TZ Newswire Staff Comments Off on "The Most Important Ever" Payrolls Preview (Again)
"The Most Important Ever" Payrolls Preview (Again)
The distribution of guesses for tomorrow’s “most important payrolls print ever” or at least until next month, skews modestly to the upside after the biggest spike in ISM employment ever this week jarred some economists to become more optimistic, and side with Goldman Sachs expecting a Fed-inspiring drop in the unemployment rate, rise in average hourly earnings, and better than expected payrolls of 190K. As a result, while consensus expects a NFP rebound from 151K to 172K, the whisper number is around 200k.
6 October, 2016 by The TZ Newswire Staff Comments Off on Asia markets open lower as British pound tumbles in early trade
Asia markets open lower as British pound tumbles in early trade
Asia markets opened modestly lower on Friday, with traders likely to take to the sidelines ahead of the key September jobs report.
6 October, 2016 by The TZ Newswire Staff Comments Off on Sterling slumps as support levels crumble in thin Asia trade
Sterling slumps as support levels crumble in thin Asia trade
Sterling plunged to fresh three-decade lows in thin conditions as a break of key technical support levels triggered wave of stop-loss orders.
6 October, 2016 by The TZ Newswire Staff Comments Off on Could the Fed Buy Stocks?
Could the Fed Buy Stocks?
Recently, we have heard noises from several different places touching on the theme of equities purchases by the Federal Reserve. The first was during Fed Chair Janet Yellen’s most recent testimony before Congress when Rep. Mick Mulvaney asked her about…
