22 January, 2017 by The TZ Newswire Staff Comments Off on ANZ say they expect China to widen GDP target band for 2017
ANZ say they expect China to widen GDP target band for 2017
ANZ are expecting China to widen their GDP target to 6.0-7.0% in 2017
To strike a balance between structural reforms and maintaining economic confidence
22 January, 2017 by The TZ Newswire Staff Comments Off on This is where the dollar’s going
This is where the dollar’s going
Higher U.S. interest rates will lead to more dollar strength, but headlines could push the dollar down, says Adam Reynolds, APAC CEO at Saxo Bank Group.
22 January, 2017 by The TZ Newswire Staff Comments Off on USD/JPY was down a big figure from late Friday
USD/JPY was down a big figure from late Friday
You may well be sick of me posting that there is little in the way of fresh news
There is this bit of political news:
As I said at that post, I don’t know if it is a factor in the USD selling, but I reckon politics will be more important for markets in coming days/weeks/months.
22 January, 2017 by The TZ Newswire Staff Comments Off on Will Social Security’s $11 Trillion Shortfall Destroy Your Retirement?
Will Social Security’s $11 Trillion Shortfall Destroy Your Retirement?
Millions of seniors rely on Social Security to pay their living costs in retirement. The average beneficiary today receives $1,360 each month, though many collect much more. But while current retirees don’t have to worry that those paychecks will stop coming anytime soon, future retirees may have some reason for concern. The latest projections from Social Security’s Board of Trustees show that the program’s trust funds are set to run out in 2034, and when that happens, the program could face an $11 trillion shortfall.
22 January, 2017 by The TZ Newswire Staff Comments Off on USD, EUR, GBP, CHF, CAD, AUD, NZD: Weekly Outlook – Morgan Stanley
USD, EUR, GBP, CHF, CAD, AUD, NZD: Weekly Outlook – Morgan Stanley
USD. USD Correction Largely Over. Bullish.
We believe the current USD correction is largely over and expect more USD strength, particularly against the low yielders. Yellen’s speech was important as it indicated Yellen was one of the median SEP dots supporting three rate hikes, keeping US front end rate expectations supported. In addition, US data has continued to come in on the strong side this week, with better jobless claims and inflation figures. Trump’s comments inject some uncertainty but, as we note in the overview, we don’t think this will change the appreciation trend of USD.
22 January, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: SEC said to be investigating Yahoo over massive data breaches
The Wall Street Journal: SEC said to be investigating Yahoo over massive data breaches
U.S.
22 January, 2017 by The TZ Newswire Staff Comments Off on Trump’s dilemma
Trump’s dilemma
In recent decades, more and more of the nation’s wealth has been concentrated in large cities with “information–oriented economies”, such as New York, the Bay Area, LA, Boston, Seattle and Washington. Now we are beginning to see some of the effects of this, as a physical transformation of these cities is underway. I see the effects every time I drive into Boston—each year it looks like a richer city than the year before.