The Traderszone Network

5 April, 2017 by The TZ Newswire Staff Comments Off on ADB forecasts developing Asia on track to post its slowest annual growth in 16 years

ADB forecasts developing Asia on track to post its slowest annual growth in 16 years

The Asian Development Bank is forecasting developing Asia to grow at its weakest since it grew 5.0 percent in 2001
– 5.7 percent this year’s growth forecast for developing Asia
From the Asia Development Outlook report. Cites:

5 April, 2017 by The TZ Newswire Staff Comments Off on Bebe will close 21 stores as it works to overhaul its business

Bebe will close 21 stores as it works to overhaul its business

Bebe has committed to closing 21 of its roughly 170 locations.

5 April, 2017 by The TZ Newswire Staff Comments Off on Border Wall Bids Emerge; Include Everything From Tourist Attractions To Nuclear Waste Storage

Border Wall Bids Emerge; Include Everything From Tourist Attractions To Nuclear Waste Storage

Yesterday was the deadline for companies to submit bids for Trump’s “physically imposing” yet “aesthetically pleasing” border wall between the U.S. and Mexico.  And while the U.S. government has said they won’t disclose bids, rather just the names of companies actually awarded contracts on June 1st, some of the companies decided to disclose their plans themselves.  Below are a couple of our faves…

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5 April, 2017 by The TZ Newswire Staff Comments Off on AUD to fresh session lows

AUD to fresh session lows

The heavy AUD continues again today
To under 0.7550 as I update. Lots of bad news for it continues to weigh, though there has been little fresh today.
Updates:

5 April, 2017 by The TZ Newswire Staff Comments Off on Trump says infrastructure plan may be accelerated

Trump says infrastructure plan may be accelerated

Reuters headlines from a New York Times report
– Trump says he may include infrastructure plan in either healthcare or tax reform legislation
– Says infrastructure plan, which had been expected later this year, may be accelerated

5 April, 2017 by The TZ Newswire Staff Comments Off on China – Caixin March PMIs: Services 52.2 (prior 52.6) & Composite 52.1 (52.6)

China – Caixin March PMIs: Services 52.2 (prior 52.6) & Composite 52.1 (52.6)

Caixin / Markit PMIs ()
their March manufacturing PMI was out over the weekend at
51.2
Key points from the Markit report:

– Activity growth slows across both manufacturers and service providers

Commenting on the data, Dr. Zhengsheng Zhong, Director of Macroeconomic Analysis at CEBM Group said:

5 April, 2017 by The TZ Newswire Staff Comments Off on 1 Thing You Need to Know About 3% Down Mortgages

1 Thing You Need to Know About 3% Down Mortgages

3% down-payment mortgages have become popular options for new homebuyers, mostly because these loans make homeownership accessible for Americans by cutting up-front costs. Many people have a hard enough time saving a few thousand dollars for an emergency fund, let alone a 20% down payment, so the popularity of 3% down-payment mortgages isn’t surprising. But there are a number of factors homebuyers should consider when choosing the right mortgage type.

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