8 March, 2017 by The TZ Newswire Staff Comments Off on People’s Bank of China sets yuan reference rate at 6.9125 (vs. yesterday at 6.9032)
People’s Bank of China sets yuan reference rate at 6.9125 (vs. yesterday at 6.9032)
USD/CNY reference rate for today. Also, OMOs … skipped completely today:
The Bank did gauge demand for 7, 14 and 28 day reverse repos but did nothing – citing an increase in liquidity so not needed.
8 March, 2017 by The TZ Newswire Staff Comments Off on Moody’s with a preview of Chinese inflation data (due at 0130GMT)
Moody’s with a preview of Chinese inflation data (due at 0130GMT)
For CPI their forecast is 2.3% y/y
– Inflation pressures in China are building. Commodity prices are rebounding, and the strong housing market is also lifting household spending.
– FebruaryForecast: 7.2%
8 March, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Pinterest buys Biz Stone’s startup Jelly
The Wall Street Journal: Pinterest buys Biz Stone’s startup Jelly
Twitter Inc.
8 March, 2017 by The TZ Newswire Staff Comments Off on Cramer Remix: Don’t abandon oil stocks—do this instead
Cramer Remix: Don’t abandon oil stocks—do this instead
Jim Cramer drilled down on why he thinks investors shouldn’t jump ship in the oil cohort and what they should do instead.
8 March, 2017 by The TZ Newswire Staff Comments Off on Why Yelp Inc. Stock Fell 19.3% in February
Why Yelp Inc. Stock Fell 19.3% in February
Shares of Yelp Inc. (NYSE: YELP) declined 19.3% in February, according to data from S&P Global Market Intelligence, after the local-business-review specialist followed a strong quarterly report with tepid guidance.
8 March, 2017 by The TZ Newswire Staff Comments Off on Australian FX Industry Grows 4% in 2016: Investment Trends Study
Australian FX Industry Grows 4% in 2016: Investment Trends Study
IG retains top spot in market share, followed by CMC Markets, FXCM, AxiTrader and Pepperstone
8 March, 2017 by The TZ Newswire Staff Comments Off on Why Synchronoss Technologies, Inc. Stock Fell 29.7% in February
Why Synchronoss Technologies, Inc. Stock Fell 29.7% in February
Shares of Synchronoss Technologies Inc. (NASDAQ: SNCR) fell 29.7% in the month of February, according to data provided by S&P Global Market Intelligence, after the managed mobility solutions company released disappointing fourth-quarter 2016 results.