16 February, 2017 by The TZ Newswire Staff Comments Off on China’s commercial banks sold USD 19.2bln net in Jan vs 46.3bln in Dec
China’s commercial banks sold USD 19.2bln net in Jan vs 46.3bln in Dec
China’s fx regulator SAFE out with the figures 17 Feb
For “commercial banks” read PBOC intervention.
The slowdown in capital outflows continues but FX reserves still heading lower as we reported earlier this month where the figure fell below $3trln for the first time since Feb 2011.
16 February, 2017 by The TZ Newswire Staff Comments Off on Sun Tzu Helps How?
Sun Tzu Helps How?
I have been puzzling since I started looking into trading as to why The Art of War, and other such works keep being mentioned.
I first read The Art of War and The Book of Five Rings, when I was heavily into martial arts, many years ago now. I even read the Tao te Ching! Now, whilst I could see some link to Karate, I have never been able to see how someone would apply the teachings to business, let alone trading.
I await your enlightenment.
Mutts
16 February, 2017 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures flat in early European trading
Eurostoxx 50 futures flat in early European trading
Mixed tones as we wait on official openings 17 Feb
– DAX futures +0.1%
– CAC40 -0.1%
– FTSE flat
Bund futures open -5 at 163.79
In China the SCI closed -0.9% but +0.2% on the week. CS1300 Index -0.6% but also +0.2% on the week.
16 February, 2017 by The TZ Newswire Staff Comments Off on Ignore that spy ship off the coast. The Russians aren’t coming
Ignore that spy ship off the coast. The Russians aren’t coming
Russia remains a threatening adversary of the US, but the country’s recent aggressive military actions aren’t signs of an imminent conflict, US officials told NBC News.
16 February, 2017 by The TZ Newswire Staff Comments Off on Florida man charged with trying to blow up Target stores to tank company’s stock
Florida man charged with trying to blow up Target stores to tank company’s stock
A Florida man’s alleged plot to set off homemade explosives in several East Coast Target stores was foiled after someone he asked for help turned him in.
16 February, 2017 by The TZ Newswire Staff Comments Off on Apple to start India manufacturing in coming months with iPhone SE: Report
Apple to start India manufacturing in coming months with iPhone SE: Report
Apple’s move comes as it seeks to boost its share in the world’s fastest growing major mobile market.
16 February, 2017 by The TZ Newswire Staff Comments Off on Trump’s next pick for national security adviser turns down the offer
Trump’s next pick for national security adviser turns down the offer
Former Navy Seal and vice-admiral Robert Harward has turned Trump down
– Harward turned down the offer to become national security adviser following the sacking of Michael Flynn on Monday
Eamonn mentioned the story in his earlier and it comes just hours after Trump held a presser to deny media reports of disarray amongst his administration, adding that it was “