26 October, 2016 by The TZ Newswire Staff Comments Off on China doesn’t fake GDP, state media insists, after 3 quarters of freakishly steady growth
China doesn’t fake GDP, state media insists, after 3 quarters of freakishly steady growth
Three straight quarters of steady growth in China have raised suspicions but the country doesn’t need to fake data, Xinhua says.
26 October, 2016 by The TZ Newswire Staff Comments Off on Hyperinflation Looms As ‘Black Market’ Egyptian Pound Crashes To Record Low
Hyperinflation Looms As ‘Black Market’ Egyptian Pound Crashes To Record Low
With all eyes on the drop in the British Pound, it is another ‘pound’ that is utterly collapsing. Despite its official exchange rate is 8.88 per dollar, Egypt’s pound dropped to 16.11 per dollar in the black market, another record that extends declines over the past month to 19% and down over 40% since it devalued in March.
26 October, 2016 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Riding high on profit, Tesla’s Elon Musk promises much, trash-talks nearly everyone
MarketWatch First Take: Riding high on profit, Tesla’s Elon Musk promises much, trash-talks nearly everyone
Tesla Motors Inc.
26 October, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Did Clinton Foundation’s fundraisers steer donors to Bill Clinton’s business?
The Wall Street Journal: Did Clinton Foundation’s fundraisers steer donors to Bill Clinton’s business?
Two chief fundraisers for the Clinton Foundation pressed corporate donors to steer business opportunities to former President Bill Clinton as well, according to a hacked memo published Wednesday by WikiLeaks.
read more
26 October, 2016 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda: Don’t see immediate need to change short, long-term rate target levels
BOJ’s Kuroda: Don’t see immediate need to change short, long-term rate target levels
Bank of Japan Governor Kuroda appearing in the Japanese parliament
– Don’t see immediate need to change short, long-term rate target levels
– Japan’s yield curve moving in line with shape we considered desirable at previous policy meeting
26 October, 2016 by The TZ Newswire Staff Comments Off on Frank Holmes: "Chindia" Buying Gold on Dips, 20% Corrections Are "Non Events"
Frank Holmes: "Chindia" Buying Gold on Dips, 20% Corrections Are "Non Events"
This article is published in collaboration with Scutify, where you can
find real-time markets a
26 October, 2016 by The TZ Newswire Staff Comments Off on Deutsche Bank Chief U.S. Economist says recession risk on the rise
Deutsche Bank Chief U.S. Economist says recession risk on the rise
In a note, Joseph LaVorgna highlights the Federal Reserve’s Labor Market Conditions Index
– Its fallen just three times from 2012 to 2015
– But in 2016 its fallen every month except for July
Only the eighth time in nearly 40 years the index was down on a year-over-year basis … of the seven previous occasions “four were soon followed by recession”. H says it indicates a rising possibility of recession.