11 December, 2016 by The TZ Newswire Staff Comments Off on China vehicle sales Nov yy +16.6% vs +18.7% prev
China vehicle sales Nov yy +16.6% vs +18.7% prev
Chinese vehicle data out from the industry association 12 Dec
– 2.94m units
– Jan-Nov sales yy+14.4% vs +3.3% a year ago
– 24.9m units
– Nov yy auto sales +17.2%, +2.59m units
November vehicle sales at a record high.
11 December, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Oil soars nearly 5% after non-OPEC producers agree to cut output
Futures Movers: Oil soars nearly 5% after non-OPEC producers agree to cut output
Oil prices surge after a weekend deal to reduce output by a heavyweight producers outside of the Organization of the Petroleum Exporting Countries.
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11 December, 2016 by The TZ Newswire Staff Comments Off on Nikkei 225 closes up 0.84% at 19,155.03
Nikkei 225 closes up 0.84% at 19,155.03
Positive tones as yen weakens on stronger oil/risk+ sentiment 12 Dec
– +155.86
– Topix +0.4% at 1531.43
– USDJPY 115.6 now on session highs and breaking through resistance
Sharp sell off in JGB yields capping further Nikkei gains.
11 December, 2016 by The TZ Newswire Staff Comments Off on Japan machine tool orders Nov yy flash -5.6% vs -8.9% prev
Japan machine tool orders Nov yy flash -5.6% vs -8.9% prev
Japan November machine tool orders flash reading 12 Dec
Not a price changer
USDJPY currently 115.55 once again stalling at the tech resistance level of 155.62 (61.8% fib retrace of 125.86-99.02) has attracted some exporter sell interest.
11 December, 2016 by The TZ Newswire Staff Comments Off on EURJPY orders 12 Dec
EURJPY orders 12 Dec
Currently 122.02 having just taken out the 122.00 offers
Underpinned still but sellers nearby on core pairs
Offers: 122.85
122.60
123.00 (offers growing) 123.50 124.00 (strong)
Bids: 121.75 121.20
11 December, 2016 by The TZ Newswire Staff Comments Off on Live: Non-OPEC countries agree to cut oil production
Live: Non-OPEC countries agree to cut oil production
Our live blog is tracking market reaction after OPEC and non-OPEC producers signed a deal to cut oil production.
11 December, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 12 Dec
Data coming up in this session 12 Dec
Your economic data/event calendar for today 12 Dec 2016
Greetings one and all.
I trust you had a good week-end and ready for the big week ahead as we move ever closer to the FOMC decision on Wednesday.