8 March, 2017 by The TZ Newswire Staff Comments Off on Canada February housing starts +210.2K vs +200.0K expected
Canada February housing starts +210.2K vs +200.0K expected
February housing starts from the CMHC:
– Prior 208.9K
– Single detached starts +12.1%
– Multiple stats +4.7%
– Single-detached home starts in Toronto were at their highest level for February in more than ten years
With prices so high and supply so short, expect home builders to be going full-tilt for the next year before the party all comes crashing down.
8 March, 2017 by The TZ Newswire Staff Comments Off on February 2017 US ADP employment report 298k vs 190k exp
February 2017 US ADP employment report 298k vs 190k exp
Details of the February 2017 US ADP employment report 8 March 2017
– Small businesses 104k vs 62k prior
– Medium businesses 122k vs 102k prior
– Large businesses 72k vs 83k prior
Big big beat of expectations and that’s some icing on the cake for Fed hike traders.
8 March, 2017 by The TZ Newswire Staff Comments Off on The strongest and weakest currencies as NA traders enter for the day
The strongest and weakest currencies as NA traders enter for the day
The USD is the strongest. The AUD is the weakest.
As the NA traders enter for the day, the USD is the strongest. The AUD is the weakest. The cumulative changes of the currencies ag. each other are small overall. The biggest change is 0.38% in the AUDUSD. That is really not that much relatively
8 March, 2017 by The TZ Newswire Staff Comments Off on GOP’s Obamacare repeal and replace plan could cost $600B
GOP’s Obamacare repeal and replace plan could cost $600B
“This bill, the American Health Care Act, it keeps our promise to repeal and replace Obamacare,” House Speaker Paul Ryan said at a press conference Tuesday.
8 March, 2017 by The TZ Newswire Staff Comments Off on The House Crowd Appoints Manoj Varsani As First CTO to Boost Business Growth
The House Crowd Appoints Manoj Varsani As First CTO to Boost Business Growth
Property crowdfunding platform, The House Crowd, announced on Wednesday it has appointed Manoj Varsani as its first CTO to spearhead digital innovation and product development. The funding portal revealed Varsani spent more than ten years transforming the digital practices of businesses that range from high growth start-ups… Read More
8 March, 2017 by The TZ Newswire Staff Comments Off on Are Australia’s banks going bust in a loud boom? All of the signs point that way!
Are Australia’s banks going bust in a loud boom? All of the signs point that way!
As 2016 drew to a close, even as US bank stocks posted some of the biggest gains since Mr. Trump got elected, it seemed their counterparts down-under aren’t doing that well! All signs point to a huge weakening in Aussie bank stocks in 2017. But the bigger question is: Will we hear a loud boom as banks down under go bust?
THE OMINOUS SIGNS
8 March, 2017 by The TZ Newswire Staff Comments Off on Report: Winklevoss Bitcoin ETF Decision Will Be Handed Down On Friday
Report: Winklevoss Bitcoin ETF Decision Will Be Handed Down On Friday
From Tyler Durden: Among the big drivers behind the recent move higher in the price of bitcoin – in addition to the traditional “capital outflow” demand out of China – has been widespread hope that the SEC will approve the first bitcoin ETF, dubbed Winklevoss Bitcoin Trust ETF (NASDAQ:COIN).