12 October, 2016 by The TZ Newswire Staff Comments Off on RBI’s Patel says financial market turbulence spillover is a challenge to BRICS nations
RBI’s Patel says financial market turbulence spillover is a challenge to BRICS nations
New Reserve Bank of India governor Urjit Patel out on the wires 13 Oct
– events like Brexit, US elections, European political alignment affect RBI policies going forward
Patel in early September
12 October, 2016 by The TZ Newswire Staff Comments Off on Pension Benefits In Tiny California Town To Be Slashed As "Ponzi Scheme" Is Exposed
Pension Benefits In Tiny California Town To Be Slashed As "Ponzi Scheme" Is Exposed
For the tiny little town of Loyalton, California, with a population of only 700, a failure of city council members to understand the difference between the calculation a regular everyday pension liability and a “termination liability” has left 4 residents at risk of losing their pensions from Calpers. According to the New York Times, the town of Loyalton decided t
12 October, 2016 by The TZ Newswire Staff Comments Off on Trading ideas – European session 13 October
Trading ideas – European session 13 October
Your daily thread to exchange trading ideas and discussion 13 Oct
Lots going on still with some moves making sense and some leaving traders a little bewildered.
12 October, 2016 by The TZ Newswire Staff Comments Off on Japan’s Fukoku says they will continue to invest in foreign assets
Japan’s Fukoku says they will continue to invest in foreign assets
Fukoku Mutual Life speaking to Reuters 13 Oct
– will refrain from investing in JGBs
– to continue focussing on investment foreign bonds without ccy hedging in H2 due to rising dollar hedging costs
12 October, 2016 by The TZ Newswire Staff Comments Off on Unilever beats sales forecasts thanks to price hikes
Unilever beats sales forecasts thanks to price hikes
Maker of Ben & Jerry’s ice cream and Dove soap reported underlying sales growth of 3.2 percent for the latest three months.
12 October, 2016 by The TZ Newswire Staff Comments Off on The UK needs capital flows: Strategist
The UK needs capital flows: Strategist
Luis Costa, head of CEEMEA FX and rates strategy at Citi, says sterling will continue to fall and uncertainty will prevent capital flows.
12 October, 2016 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures down -0.6% in early European trading
Eurostoxx 50 futures down -0.6% in early European trading
Softer tones as we wait on official openings to equity markets 13 Oct
– DAX futures -0.7%
– CAC40 -0.7%
– FTSE -0.4%
Bund futures up 40 at 163.7
10-yr German bond yields down 3bps to 0.04%