13 December, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.9028 (vs. yesterday at 6.8934)
PBOC sets USD/CNY mid-point today at 6.9028 (vs. yesterday at 6.8934)
And, in OMOs
CNY weaker against the USD today
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ps. This is the yuan against its index (chart via Bloomberg)
While the CNY has been heavily devalued by the People’s Bank of China against the USD (partly a function of overall USD strength) the yuan is relatively stable against its basket.
13 December, 2016 by The TZ Newswire Staff Comments Off on Reuters report BOJ increases purchases of superlong JGBs in Wednesday’s operations
Reuters report BOJ increases purchases of superlong JGBs in Wednesday’s operations
I’m guessing this is unrelated to my post on the , but you never know
democracy sausage
– Bank of Japan increased purchase of 10 to 25 year maturities to 200bn yen (190bn previously)
The Bank acting to push down yields on long dated JGBs
13 December, 2016 by The TZ Newswire Staff Comments Off on Wall-To-Wall Coverage Proves Trump Still Has The Mainstream Media Wrapped Around His Finger
Wall-To-Wall Coverage Proves Trump Still Has The Mainstream Media Wrapped Around His Finger
For the past year and a half Trump has masterfully outsmarted the mainstream media at every twist and turn on his road to the White House. Who can forget the time back in September when the mainstream media thought they had finally cornered Trump on the birther issue? Thinking they were going to get an apology from Trump on pushing the Obama “birther” controversy, the mainstreamers piled into the brand new Trump International Hotel in D.C.
13 December, 2016 by The TZ Newswire Staff Comments Off on "Democracy sausage" has been named Australia’s 2016 word of the year
"Democracy sausage" has been named Australia’s 2016 word of the year
Yes, really. Even though its two words. Go figure.
From the Australian National Dictionary Centre, based at the Australian National University.
Centre director Dr Amanda Laugesen said the official definition was “a barbecued sausage served on a slice of bread, bought at a polling booth sausage sizzle on election day”.
13 December, 2016 by The TZ Newswire Staff Comments Off on Why Collapse Isn’t on the Menu
Why Collapse Isn’t on the Menu
The word “collapse” instantly conjures primal feelings of both fear and excitement whenever we hear it. We fear it because it evokes our collective belief that collapse is fatal and final, yet it excites our imagination to the possibility…
13 December, 2016 by The TZ Newswire Staff Comments Off on Why Collapse Isn’t on the Menu
Why Collapse Isn’t on the Menu
The word “collapse” instantly conjures primal feelings of both fear and excitement whenever we hear it. We fear it because it evokes our collective belief that collapse is fatal and final, yet it excites our imagination to the possibility…
13 December, 2016 by The TZ Newswire Staff Comments Off on Australia – new motor vehicle sales (Nov.): -0.6% m/m (prior -2.4%)
Australia – new motor vehicle sales (Nov.): -0.6% m/m (prior -2.4%)
New motor vehicle sales for November in the land down under
Oh, for goodness sake Australian Bureau of Statistics, look at the clock!
OK, here we go …. –