10 January, 2017 by The TZ Newswire Staff Comments Off on Dollar treads water, Trump news conference awaited for direction
Dollar treads water, Trump news conference awaited for direction
The dollar trod water early on Wednesday, showing little inclination to move against major peers.
10 January, 2017 by The TZ Newswire Staff Comments Off on Wellington New Zealand shaken by M5 earthquake
Wellington New Zealand shaken by M5 earthquake
Wellington, NZ is experiencing another earthquake, M5.1
– Epicentre is off the east coast of the South Island
– GeoNet reporting 15km SE of town of Seddon
– Depth 11km
10 January, 2017 by The TZ Newswire Staff Comments Off on A wee bit of USD weekness in early Tokyo
A wee bit of USD weekness in early Tokyo
We are getting a bit of a pop in currencies
GBP/USD popped sharpish:
EUR, yen, AUD, NZD all benefitting to a lesser extent … updates:
Gold higher also, around USD 1182 as I update
10 January, 2017 by The TZ Newswire Staff Comments Off on Is the mainstream media relevant anymore?
Is the mainstream media relevant anymore?
Years ago the number of ad dollars spent on online advertising overtook the amount spent on offline advertising (TV, print, radio). This demographic shift was presented as form, not essence. It was presented as the evolution of media, firms were adapting and changing. But something much deeper was happening, it’s the end of an industry cycle called ‘media’ which is being replaced by ‘independent online media’ like Zero Hedge for finance, and thousands of other sites for their respective topics.
10 January, 2017 by The TZ Newswire Staff Comments Off on Citi: Gold is lagging, a simple model suggests significant downside ahead
Citi: Gold is lagging, a simple model suggests significant downside ahead
This is from Citi, they seem to be very uncertain on gold indeed
They title their piece: Gold Not As Weak As It Should Be = Uncertainty & Inflation Fear?
10 January, 2017 by The TZ Newswire Staff Comments Off on Trump Press Conference In The Morning Creates Investor Angst
Trump Press Conference In The Morning Creates Investor Angst
PEOTUS’s press conference in the morning gives Mr. Market heartburn.
10 January, 2017 by The TZ Newswire Staff Comments Off on Goldman "Concerned" As Risk Appetite Index Hits Record High
Goldman "Concerned" As Risk Appetite Index Hits Record High
Speaking at a conference in London, Goldman MD Christian Mueller-Glissmann warned investors, “valuations are at very high levels. And that concerns us when it comes to making progress in stocks, unless you maintain a very high level of optimism.” The firm’s aggregate risk appetite index reached record highs in December – the same peak reached in 1999/2000 and 2007… and we know what happened next.