2 March, 2017 by The TZ Newswire Staff Comments Off on Currencies: Dollar pulls back as investors gear up for Yellen speech
Currencies: Dollar pulls back as investors gear up for Yellen speech
The dollar steps back ahead of speech from Yellen due later as expectations for a U.S.
2 March, 2017 by The TZ Newswire Staff Comments Off on Russian and Irish services PMI readings both fall in Feb
Russian and Irish services PMI readings both fall in Feb
The first Markit PMI readings off the rank 3 March
Russia :
– services PMI 55.5 vs 58.4 prev
– new business expansion slowing
– employment in services sector rising for second straight month
2 March, 2017 by The TZ Newswire Staff Comments Off on RBA to keep rates on hold next week – Reuters poll
RBA to keep rates on hold next week – Reuters poll
Latest Reuters poll results just published 3 March
– all 67 economists polled see RBA holding cash rate on hold at 1.5% at the 7 March meeting
– 12 of those polled see RBA easing by Dec
AUDUSD currently 0.7558 from 0.7543 lows. Expect offers/res into 0.7565 with larger interest at 0.7580
2 March, 2017 by The TZ Newswire Staff Comments Off on SEC Probes Insider Trading In Softbank-Fortress Deal, Freezes Assets
SEC Probes Insider Trading In Softbank-Fortress Deal, Freezes Assets
SEC Probes Insider Trading In Softbank-Fortress Deal, Freezes Assets
Mar 2 2017 | 10:08pm ET
By Jonathan Stempel (Reuters) – The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover of Fortress Investment Group by Japan’s SoftBank Group.
SoftBank said after the close…
2 March, 2017 by The TZ Newswire Staff Comments Off on Vote Of Confidence In The U.S. Economy
Vote Of Confidence In The U.S. Economy
2 March, 2017 by The TZ Newswire Staff Comments Off on Nikkei 225 closes down -0.49% at 19,469.17
Nikkei 225 closes down -0.49% at 19,469.17
Japanese equities softer on yen strength again 3 March
2 March, 2017 by The TZ Newswire Staff Comments Off on Economic data coming up in this session 3 March
Economic data coming up in this session 3 March
Here’s what’s on the economic data/event calendar for today 3 March
Greetings one and all.
Almost the week-end. Hurrah!
Data wise today there’s a few releases on the agenda too inc UK services PMI reading which is key given the sector’s large contribution to GDP.