27 November, 2016 by The TZ Newswire Staff Comments Off on PBOC deputy: Yuan exchange rate to be basically stable
PBOC deputy: Yuan exchange rate to be basically stable
PBOC Deputy Governor Yu Gang spoke on CCTV on the weekend
– Despite the Yuan’s decline against the dollar, it has appreciated against some major currencies
– Economy growing steadily with proactive fiscal policy and prudent monetary policy
It doesn’t look so stable at the moment.
27 November, 2016 by The TZ Newswire Staff Comments Off on Controversial billboard questions guilt of convicted rapist and former police officer
Controversial billboard questions guilt of convicted rapist and former police officer
Controversial billboard questions guilt of convicted rapist and former police officer
27 November, 2016 by The TZ Newswire Staff Comments Off on What does a Trump administration mean for housing? Examining a few key items for the next year.
What does a Trump administration mean for housing? Examining a few key items for the next year.
With a new administration coming into office in 2017, it might be useful to examine what potential policies will be enacted that may have an impact on housing. The market responded to the election results as if it were a Black Swan event. Most of the comments preceding the election almost assumed it was a foregone conclusion that Hillary Clinton was going to be the next President. Clearly that was not the case. The bond markets had an immediate sizable reaction. We still don’t have the full details on how things will change but there are some changes planned that may have an impact on
27 November, 2016 by The TZ Newswire Staff Comments Off on USD/JPY slumps in early trading. Levels to watch
USD/JPY slumps in early trading. Levels to watch
US dollar lower in the first hour of trading
USD/JPY is down 42 pips to 112.80 after falling as low as 112.68 in thin pre-market trading.
The pair embarked on somewhat of a reversal on Friday. It jumped early and hit a cycle high of 113.90 as the raging rally in the pair continued but it sagged midway through European trading and finished at 113.15.
27 November, 2016 by The TZ Newswire Staff Comments Off on Black Friday Sales Slump As Retail Tracker Admits Holiday Season "Off To A Slow Start", Blames Warm Weather
Black Friday Sales Slump As Retail Tracker Admits Holiday Season "Off To A Slow Start", Blames Warm Weather
Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as Reuters reports that stores offered discounts well beyond the weekend and more customers shopped online.
27 November, 2016 by The TZ Newswire Staff Comments Off on Outside the Box: A 5% yearly gain from the S&P 500 over the next decade is wishful thinking
Outside the Box: A 5% yearly gain from the S&P 500 over the next decade is wishful thinking
Stock returns over the next 10 years likely will be lower than you — and your investment adviser — expect, writes John Coumarianos.
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27 November, 2016 by The TZ Newswire Staff Comments Off on The market is moving. What are your trade ideas?
The market is moving. What are your trade ideas?
A look at the early levels
– EUR/USD up 15 pips to 1.0604
– USD/JPY down 28 pips to 112.94
– GBP/USD down 19 pips to 1.2458
– USD/CHF -11 pips to 1.0129
– USD/CAD down 1 pips to 1.3518
The OPEC meeting on Wednesday is the main event in the week ahead along with non-farm payrolls. I also expect leaks on what the ECB is planning in two weeks.