15 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Essilor, Luxottica to combine, creating eyewear giant worth $49 billion
The Wall Street Journal: Essilor, Luxottica to combine, creating eyewear giant worth $49 billion
Combination of the French optical lens maker and famed Ray-Ban maker will create an eyewear industry giant with a market value of around €46.3 billion ($49.16 billion).
15 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: South Korea seeks to arrest Samsung heir in widening corruption scandal
The Wall Street Journal: South Korea seeks to arrest Samsung heir in widening corruption scandal
The arrest warrant for Lee Jae-yong is the latest development in a political corruption scandal that has rocked South Korea and has led to the impeachment of President Park Geun-hye.
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15 January, 2017 by The TZ Newswire Staff Comments Off on Trading The UK Retail Sales Release, January 20, 2017
Trading The UK Retail Sales Release, January 20, 2017
15 January, 2017 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures down -0.5% in early European trading
Eurostoxx 50 futures down -0.5% in early European trading
Softer tones as we wait on official openings 16 Jan
– DAX futures -0.5%
– CAC40 -0.6%
– FTSE +0.2% buoyed by GBP falls
Bund futures open +42 at 163.83
In China the SCI closed down -0.3%. CS1300 Index flat
15 January, 2017 by The TZ Newswire Staff Comments Off on Futures Movers: Oil struggles for direction ahead of OPEC data
Futures Movers: Oil struggles for direction ahead of OPEC data
Trading is likely to be quiet today because U.S. markets are closed for Martin Luther King Jr.
15 January, 2017 by The TZ Newswire Staff Comments Off on USDJPY breaks lower but runs into fresh buyers again
USDJPY breaks lower but runs into fresh buyers again
Yen demand prevailing as the week gets underway 16 Jan
From 114.01 when I first sat down we’ve now broken down through support/bids at 113.80 but the demand into 113.50 that I mentioned earlier has so far provided a base at 113.62.
15 January, 2017 by The TZ Newswire Staff Comments Off on Turkey’s central bank has other strong weapons apart from interest rates
Turkey’s central bank has other strong weapons apart from interest rates
Turkish presidential adviser Gedikli out on the wires 16 Jan
– there are efforts to make central bank hike rates
– bank is taking measures
– not possible to sustain old order by forcing rate hikes
USDTRY currently falling again to 3.7421