9 February, 2017 by The TZ Newswire Staff Comments Off on Trump May Stumble Into a Currency War
Trump May Stumble Into a Currency War
Reports suggest that recently President Trump asked National Security Adviser Michael Flynn about whether it was a strong or weak dollar that was in the US interest. According to the leaks, Flynn suggested asking an economist.
9 February, 2017 by The TZ Newswire Staff Comments Off on RBA cuts its near term growth forecast (more upbeat further out)
RBA cuts its near term growth forecast (more upbeat further out)
Reserve Bank of Australia Statement on Monetary Policy (SoMP)
Judged holding
policy steady consistent with growth, inflation targets
An appreciating AUD could complicate economy’s
transition
9 February, 2017 by The TZ Newswire Staff Comments Off on Australia – (December) Home loans +0.4% m/m (expected +1.0%)
Australia – (December) Home loans +0.4% m/m (expected +1.0%)
Housing finance data for December
Home loans +0.4% m/m,
– expected is +1.0%, prior was +0.9%
Investment lending -1.0% m/m,
– prior +4.9%
Owner-occupied loan value +1.3% m/m,
9 February, 2017 by The TZ Newswire Staff Comments Off on ‘SEE YOU IN COURT,’ Trump tweets after court deals president a setback on immigration order
‘SEE YOU IN COURT,’ Trump tweets after court deals president a setback on immigration order
The president responded after a U.S. appeals court dealt him an unfavorable ruling on his executive order.
9 February, 2017 by The TZ Newswire Staff Comments Off on EUR/USD orderboard
EUR/USD orderboard
– Sellers a little bit light on, some 1.0680/00
– Buyers initially just under 1.0650, then 25/30
Currently 1.0656
9 February, 2017 by The TZ Newswire Staff Comments Off on Cost Of War Against ISIS Reaches $11 Billion
Cost Of War Against ISIS Reaches $11 Billion
Since the air war against the so-called Islamic State kicked off in August 2014 ,the United States has spent just under $11 billion financing it. According to the most recent Pentagon figures, Statista’a Niall McCarthy reports that the bill for the campaign hit $10.99 billion as of December 31, 2016.
9 February, 2017 by The TZ Newswire Staff Comments Off on NYFW: Tadashi Shoji’s ‘love revolution’
NYFW: Tadashi Shoji’s ‘love revolution’
NYFW: Tadashi Shoji’s ‘love revolution’
While the north east was plummeted with its biggest snowstorm of the season, models, designers and fashion connoisseurs were anxiously waiting to kick off fashion week. Japanese designer Tadashi Shoji’s tasteful but lively throwback show set the precedent for a big week in New York.