5 June, 2017 by The TZ Newswire Staff Comments Off on Australia – Q1 current account: A$ -3.1bn (expected -0.5bn AUD)
Australia – Q1 current account: A$ -3.1bn (expected -0.5bn AUD)
March quarter current account data
– expected -0.5bn (AUD)
– prior -3.5bn, revised from -3.9bn (AUD)
Also,
net exports as a % of GDP
-0.7% …
this is bad miss and will be a big drag on the GDP data due tomorrow
5 June, 2017 by The TZ Newswire Staff Comments Off on Australian minimum wage to be raised by AUD22.20/week
Australian minimum wage to be raised by AUD22.20/week
AAP reports, via Bloomberg
– Decision by the Fair Work Commission
– National minimum wage up 3.3%
– From July 1
more to come
5 June, 2017 by The TZ Newswire Staff Comments Off on Americans Aren’t Loving Retirement Like They Used To — Here’s Why
Americans Aren’t Loving Retirement Like They Used To — Here’s Why
Retirement is a time to shake off years of employment and enjoy life, right? That might be the goal, but many Americans aren’t feeling it.
A 2016 Employee Benefit Research Institute (EBRI) study analyzed retirement satisfaction trends between 1998 and 2012. Respondents who said they were “very satisfied” with their retirements dropped by 11.9 percentage points, those “not at all” satisfied increased by 2.6 percentage points, and the middle-of-the-road “moderately satisfied” response saw a gain of 9.2 percentage points.
5 June, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.7934 (vs. yesterday at 6.7935)
PBOC sets USD/CNY central rate at 6.7934 (vs. yesterday at 6.7935)
People’s Bank of China getting set to open the CNY market for the day
In open market operations … waiting … nope, none today. 60 bn yuan in reverse repos mature today.
5 June, 2017 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Apple bets that you’ll adopt these 3 tech habits
MarketWatch First Take: Apple bets that you’ll adopt these 3 tech habits
Apple Inc.
5 June, 2017 by The TZ Newswire Staff Comments Off on U.S. Supreme Court Rules SEC Disgorgement Orders Subject To 5-Year Limitation
U.S. Supreme Court Rules SEC Disgorgement Orders Subject To 5-Year Limitation
In a sweeping decision Monday, the United States Supreme Court has limited the Security and Exchange Commission’s ability to recover ill-gotten gains from defendants through disgorgement penalties, siding with a New Mexico-based investment advisor in a case closely watched by financial industry participants.
5 June, 2017 by The TZ Newswire Staff Comments Off on Can Apple convince customers to pay each other on their iPhones?
Can Apple convince customers to pay each other on their iPhones?
Apple has announced Apple Pay Cash, a new peer-to-peer payment system through iMessage.
read more