16 January, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.8892 (vs. yesterday at 6.8874)
PBOC sets USD/CNY central rate at 6.8892 (vs. yesterday at 6.8874)
Open market operations:
– PBOC to inject 100 bn yuan via 7-day reverse repos
– And to inject 230GN yuan via 28-day RRs
Big injections into the money market today and a slightly weaker yuan setting (compared with yesterday …. but very little difference in that fix really)
16 January, 2017 by The TZ Newswire Staff Comments Off on OPEC Sec Gen Barkindo forecast stability to return to oil markets this year
OPEC Sec Gen Barkindo forecast stability to return to oil markets this year
Of course he does!
Mind you, with OPEC’s price fixing going on its hardly surprising (barring a cheater-induced collapse of the agreement)
Anyway, where was I … ?
16 January, 2017 by The TZ Newswire Staff Comments Off on Germany says NATO concerned about Trump ‘obsolete’ remark
Germany says NATO concerned about Trump ‘obsolete’ remark
Germany’s Foreign Minister said that Trump’s comments about NATO had aroused concern across the 28-member alliance.
16 January, 2017 by The TZ Newswire Staff Comments Off on Australia bond news … tomorrow’s auction will see strong demand
Australia bond news … tomorrow’s auction will see strong demand
There is an Australian Commonwealth Government Bond auction tomorrow (Wednesday local time)
– For December 2021 maturity
– Buying interest in it is high
Australian boind demand has been a big factor supportive of the AUD. High (relative to what can be found elsewhere) & AAA rated yields will do that.
16 January, 2017 by The TZ Newswire Staff Comments Off on Two More Major Problems For Social Security & Medicare
Two More Major Problems For Social Security & Medicare
Submitted by Simon Black via SovereignMan.com,
Not too long ago my step-dad had to spend a few days in intensive care. Pretty scary stuff.
He had just about every nasty symptom imaginable, from constant vomiting to dizziness to ultra-high fever, but the doctors couldn’t figure out why.
Fortunately his condition improved enough that he was released from the hospital, and now he’s on the mend.
16 January, 2017 by The TZ Newswire Staff Comments Off on No big deal, just a massive alligator out for a stroll
No big deal, just a massive alligator out for a stroll
No big deal, just a massive alligator out for a strollread more
16 January, 2017 by The TZ Newswire Staff Comments Off on Singapore data: Exports rose more than expected y/y in December
Singapore data: Exports rose more than expected y/y in December
Singapore Non-oil domestic exports (NODX) for December
– Higher than expected y/y
– Exports to China jumped
– Non-oil domestic exports +9.4 pct from year earlier (Reuters poll +5.8 pct, so a big beat)
Singapore’s NODX to United States -16.4 y/y in December