19 January, 2017 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices rise amid weaker dollar, optimism over market tightening
Futures Movers: Oil prices rise amid weaker dollar, optimism over market tightening
Optimism that oil supply is tightening up along with a weaker dollar are lifting crude prices Friday.
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19 January, 2017 by The TZ Newswire Staff Comments Off on PBOC has cut RRR at 5 big banks to ease seasonal liquidity pressure
PBOC has cut RRR at 5 big banks to ease seasonal liquidity pressure
Chinese central bank has cut Reserve Ratio Requirement according to Reuters sources 20 Jan
– cut by 1 percentage point
– will restore RRR to normal level at appropriate time after lunar new year holiday
Not unprecedented for PBOC to help with liquidity over the new year hols.
19 January, 2017 by The TZ Newswire Staff Comments Off on Currencies: Dollar pulls back as investors wait to see what Trump will say at inauguration
Currencies: Dollar pulls back as investors wait to see what Trump will say at inauguration
Investors were taking a cautious line ahead of Trump’s comments later Friday.
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19 January, 2017 by The TZ Newswire Staff Comments Off on Russia’s Oreshkin not concerned about oil supply shocks
Russia’s Oreshkin not concerned about oil supply shocks
Russian economic minister speaking at Davos 20 Jan
– more concerned about global oil demand falling due to slowing economy
I make him right on those concerns.
19 January, 2017 by The TZ Newswire Staff Comments Off on Nikkei 225 closes up +0.34% at 19,137.91
Nikkei 225 closes up +0.34% at 19,137.91
Marginally positive tones for Japanese equities as yen fluctuates 20 Jan
– USDJPY 114.78 .
Expect initial offers/res into 115.00-20 and demand into 114.50 again.
19 January, 2017 by The TZ Newswire Staff Comments Off on Economic data coming up in this session 20 Jan
Economic data coming up in this session 20 Jan
Here’s what’s on the economic data/event calendar for today 20 Jan 2017
Greetings one and all.
Data wise today it’s a little thin but we do have UK retails and Canadian CPI as well as a couple of Fed talking heads.
19 January, 2017 by The TZ Newswire Staff Comments Off on Alec Baldwin reprises Trump impression at passionate anti-Trump rally
Alec Baldwin reprises Trump impression at passionate anti-Trump rally
Alec Baldwin reprises Trump impression at passionate anti-Trump rally
As President-elect Donald Trump spent his first night in Washington ahead of his inauguration, New Yorkers descended on Trump Tower to protest his presidency and his message.