17 January, 2017 by The TZ Newswire Staff Comments Off on Italy is now on the right track, says CEO of country’s largest insurance firm
Italy is now on the right track, says CEO of country’s largest insurance firm
Italy is now on the right track, the head of the country’s largest insurer told CNBC at the World Economic Forum in Davos on Tuesday.
17 January, 2017 by The TZ Newswire Staff Comments Off on China says it will cut company fees to increase economic growth
China says it will cut company fees to increase economic growth
China’s National Development and Reform Commission out with a statement
– companies are more sensitive about govt fees amid “relatively big” economic downward pressures
Wahaha, sounds like the reaction we see on some the Chinese data releases.
17 January, 2017 by The TZ Newswire Staff Comments Off on Live: Dollar tumbles to a one-month low as Trump says the currency is ‘too strong’
Live: Dollar tumbles to a one-month low as Trump says the currency is ‘too strong’
Our live blog is tracking reactions after Trump’s comments on the dollar sent the index tumbling to its lowest level in more than a month.
17 January, 2017 by The TZ Newswire Staff Comments Off on Nikkei 225 closes up +0.43% at 18,894,37
Nikkei 225 closes up +0.43% at 18,894,37
Back to positive tones as yen weakens a little 18 Jan
– Topix closes up +0.32% at 1513.86
– USDJPY 113.33 just off session highs.
Expect offers/res around 113.50 then 113.80-114.00. Bids/demand into 113.00, 112.80 then 112.50 still.
17 January, 2017 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news: USD struggles off the canvas in Asia today (a little)
ForexLive Asia FX news: USD struggles off the canvas in Asia today (a little)
Forex news for Asia trading Wednesday 18 January 2017
The USD gained some ground in Asia today after being trump-punched in the Wall Street Journal interview. GBP/USD was the biggest loser, hardly surprising given its enormous gain on Tuesday. Cable drifted off from its highs 60+ points today, which would be a decent swing for an Asian session except its peanuts compared to its surge following the May news (out during Asia on Tuesday).
17 January, 2017 by The TZ Newswire Staff Comments Off on Chinese New Home Prices Soar by 12.4% in December — Higher by 25% in Tier One Cities
Chinese New Home Prices Soar by 12.4% in December — Higher by 25% in Tier One Cities
What can go wrong, after all? The Chinese government has already informed us their real estate market, which is being driven by records amount of debt, is NOT in a bubble, so relax, chill and enjoy a large overflowing bowl of wanton soup.
17 January, 2017 by The TZ Newswire Staff Comments Off on The chatter on Venezuelan oil spill is based on an 8 hour old report (at least)
The chatter on Venezuelan oil spill is based on an 8 hour old report (at least)
One for the oil traders. I’m hearing a bit on an oil spill bringing operations to a halt at one of three docks of Venezuela’s main crude exporting port
Just a heads-up – that’s an old story. At least 8 hours old: