14 June, 2017 by The TZ Newswire Staff Comments Off on Australian jobs report due soon – preview
Australian jobs report due soon – preview
The Australian employment report for May is due at 0130GMT
– Employment Change: expected +10K, prior +37.4K
– Unemployment Rate: expected 5.7%, prior 5.7%
– Full Time Employment Change: prior was -11.6K
Westpac preview (bolding mine):
14 June, 2017 by The TZ Newswire Staff Comments Off on OECD have a view on the NZD, reckon it is slightly overvalued
OECD have a view on the NZD, reckon it is slightly overvalued
Highlights of the OECD’s latest on NZ, the 2017 Economic Survey of New Zealand
The summary:
More specifically, on the currency:
On risks to NZ…
14 June, 2017 by The TZ Newswire Staff Comments Off on Morgan Stanley Thinks Apple Will Still Make a Car, After All
Morgan Stanley Thinks Apple Will Still Make a Car, After All
Whether or not Apple (NASDAQ: AAPL) will actually manufacture a car remains an open question (I don’t even think Apple itself knows the answer).
14 June, 2017 by The TZ Newswire Staff Comments Off on Goldman Sachs on the FOMC: GS expect b/s normalization in Sep., hike in Dec.
Goldman Sachs on the FOMC: GS expect b/s normalization in Sep., hike in Dec.
The response from Goldman Sachs to the Federal Open Market Committee announcements on Wednesday
Bottom line for GS expectations:
Citing:
(any bolding is mine)
14 June, 2017 by The TZ Newswire Staff Comments Off on Why Abercrombie & Fitch Stock Jumped 10% in May
Why Abercrombie & Fitch Stock Jumped 10% in May
Shares of Abercrombie & Fitch (NYSE: ANF) popped 10% last month, according to data provided by S&P Global Market Intelligence, on hopes that the struggling teen clothing retailer will be acquired.
14 June, 2017 by The TZ Newswire Staff Comments Off on Sth. Korea vice fin min says will stabilize markets if needed
Sth. Korea vice fin min says will stabilize markets if needed
Reuters reporting comments from South Kore’s vice finance minister in response to the FOMC moves overnight
– Says Fed’s decision to raise rates was in line with market expectationsSays financial market is not showing big volatilities
14 June, 2017 by The TZ Newswire Staff Comments Off on Why Didn’t Bank of America’s Stock Rally After the Federal Reserve’s Announcement on Wednesday?
Why Didn’t Bank of America’s Stock Rally After the Federal Reserve’s Announcement on Wednesday?
If you own shares of Bank of America (NYSE: BAC) and have followed the bank’s story over the past few months, then you may have been surprised to see that its shares didn’t rally on Wednesday, despite the Federal Reserve’s decision to raise interest rates.