8 February, 2017 by The TZ Newswire Staff Comments Off on Forexlive Americas forex news wrap: RBNZ statement sends the NZD lower
Forexlive Americas forex news wrap: RBNZ statement sends the NZD lower
Forex news for NY trading on February 8, 2017
In other markets:
– US stocks are mixed with the Nasdaq up 0.15%, the S&P little changed and the Dow down -0.18%
The RBNZ kept rates unchanged at 1.75% but reiterated that there are a lot of global “uncertainties” and “policy may need to adjust accordingly”. The central bank also reminded traders in the statement that “a decline in the exchange rate is needed”. The “dovish” overtones sent the NZD lower against all the major currencies. The NZDUSD fell to a support area defined by recent lows (see post here) between 0.7236-46.
8 February, 2017 by The TZ Newswire Staff Comments Off on "In 26 Years, I’ve Never Seen Anything Like This" White House Leaks Reportedly Reveal Trump Team Turmoil
"In 26 Years, I’ve Never Seen Anything Like This" White House Leaks Reportedly Reveal Trump Team Turmoil
Trump’s volatile behavior has created an environment ripe for leaks from his executive agencies and even within his White House, according to The Huffington Post. And while leaks typically involve staffers sabotaging each other to improve their own standing or trying to scuttle policy ideas they find genuinely problematic, Trump’s 2-week-old administration has a third category: leaks from White House and agency officials alarmed by the president’s conduct.
8 February, 2017 by The TZ Newswire Staff Comments Off on Titan, Contrarian Klarman’s Views On Trump Rally
Titan, Contrarian Klarman’s Views On Trump Rally
The conventional wisdom may hold that a number of new Trumpian policies auger well for business: Lower taxes, less regulation and sweeping infrastructure work.
8 February, 2017 by The TZ Newswire Staff Comments Off on This week in real estate market reports
This week in real estate market reports
According to the most recent market reports, condo prices remained flat in December, the gap between luxury and non-luxury rentals shrunk, and all three Manhattan office submarkets experienced negative absorption in the final quarter of 2016. Residential Condo and co-op sales report | CityRealty The average sales price for condos and co-ops in remained flat between November and December, coming in at $2.3 million. Read the full report here.
8 February, 2017 by The TZ Newswire Staff Comments Off on Florida man caught trying to steal $7 billion, blames Jesus
Florida man caught trying to steal $7 billion, blames Jesus
Florida man caught trying to steal $7 billion, blames Jesus
What would Jesus do? Probably not rob a bank.
A unemployed Lakeland man faces a five-year prison sentence and a fine of up to $250,000 after making a $7 billion fraudulent wire transfer because Jesus Christ chose him to be wealthy, according to court documents.
8 February, 2017 by The TZ Newswire Staff Comments Off on Why Gilead Sciences, Zillow Group, and Parsley Energy Slumped Today
Why Gilead Sciences, Zillow Group, and Parsley Energy Slumped Today
Wednesday was a mixed day for the stock market. Broad-based market benchmarks like the S&P 500 and Nasdaq Composite posted modest gains, but the Dow Jones Industrials finished the day with a modest loss of 36 points. Many investors appear to be waiting for confirmation about the success or failure of the new presidential administration’s economic policies, and earnings season hasn’t provided a clear direction for the overall market.
8 February, 2017 by The TZ Newswire Staff Comments Off on Dividend Aristocrat 3M Raises Its Payout by 6%
Dividend Aristocrat 3M Raises Its Payout by 6%
In what has become a familiar ritual, 3M (NYSE: MMM) declared a hike in its quarterly dividend. The company will pay its stockholders $1.175 per share, 6% more than the previous payout. This is entirely in character for 3M, as it’s a Dividend Aristocrat — one of the small group of stocks that have raised their payouts at least once annually for a minimum of 25 years running.