29 March, 2017 by The TZ Newswire Staff Comments Off on Economic data coming up in this session 30 March
Economic data coming up in this session 30 March
Here’s what’s on the economic data/event calendar for today 30 March 2017
Greetings one and all.
Tight ranges tell us the jury is still very much out on matters UK and US to name the two main focal points right now.
29 March, 2017 by The TZ Newswire Staff Comments Off on Chinese tech firm LeEco’s $2 billion acquisition of Vizio stalled
Chinese tech firm LeEco’s $2 billion acquisition of Vizio stalled
The deal with Vizio, a major television maker based in the U.S., was first announced last July.
29 March, 2017 by The TZ Newswire Staff Comments Off on Live: Trump looks to resuscitate health-care plan; warns Obamacare is about to explode
Live: Trump looks to resuscitate health-care plan; warns Obamacare is about to explode
Our live blog is tracking reaction as President Donald Trump looks to resuscitate his health-care plan, claiming Obamacare is about to explode.
29 March, 2017 by The TZ Newswire Staff Comments Off on North Carolina lawmakers reach deal to repeal transgender bathroom law
North Carolina lawmakers reach deal to repeal transgender bathroom law
The law prohibited transgender people from using restrooms in accordance with their gender identities.
29 March, 2017 by The TZ Newswire Staff Comments Off on Italy’s Padoan: Country’s banking problem is solved
Italy’s Padoan: Country’s banking problem is solved
Italian finance minister Padoan, Headlines via Bloomberg:
– Brexit transition measures to avoid disruption to markets
– Le Pen victory in France would be a permanent risk
29 March, 2017 by The TZ Newswire Staff Comments Off on WSJ: Trump Administration Signals It Would Seek Mostly Modest Changes to Nafta
WSJ: Trump Administration Signals It Would Seek Mostly Modest Changes to Nafta
The Wall Street Journal on drafts of changes to Nafta, describing them as ‘modest’
These are negotiating points, so nothing concrete in terms of agreement.
The document appears to be a compromise between the desires of trade hawks to use Nafta renegotiations as a way to set a new trade agenda and moderates who back the U.S. traditional commitment to free trade. The Congress is split along those lines as well.
29 March, 2017 by The TZ Newswire Staff Comments Off on PIMCO on understanding High Yield Bonds
PIMCO on understanding High Yield Bonds
An ‘education’ piece from PIMCO, could be interesting &/or useful on a subdued sort of Asian afternoon
High yield bonds – defined as corporate bonds rated below BBB− or Baa3 by established credit rating agencies – can play an important role in many portfolios. They typically offer higher coupons than government bonds or high grade corporates and have the potential for price appreciation in the event of an improvement in the economy, or performance of the issuing company (of course, if these conditions worsen, then prices can also go down).