3 July, 2017 by The TZ Newswire Staff Comments Off on Australia – RBA announce no change to the cash rate, on hold
Australia – RBA announce no change to the cash rate, on hold
Reserve Bank of Australia July 4 2017 monetary policy Board meeting
No surprise at all that it the cash rate target is left unchanged, the question is how upbeat the Statement from Governor Lowe is.
3 July, 2017 by The TZ Newswire Staff Comments Off on As diplomatic crisis swirls around Qatar, standoff could last ‘many more months’
As diplomatic crisis swirls around Qatar, standoff could last ‘many more months’
Qatar is likely to reject most demands from Saudi Arabia and its allies, a former U.S. ambassador to the country said Tuesday.
3 July, 2017 by The TZ Newswire Staff Comments Off on Missouri Legislature Reverses St. Louis Minimum-Wage Hike
Missouri Legislature Reverses St. Louis Minimum-Wage Hike
A week ago, we reported on a study from the University of Washington that exposed how the city of Seattle’s progressive minimum wage increases, which began in 2015, are – contrary to the hopes of misguided liberals – actually crushing the city’s poor.
3 July, 2017 by The TZ Newswire Staff Comments Off on ‘Blockbuster’ listings to lead strong IPO rebound in this major exchange
‘Blockbuster’ listings to lead strong IPO rebound in this major exchange
The Singapore IPO pipeline will rebound strongly this year, with potential for the most funds raised since 2014, a Deloitte report said.
3 July, 2017 by The TZ Newswire Staff Comments Off on China state-owned banks selling USD/CNY (believed intervention)
China state-owned banks selling USD/CNY (believed intervention)
Reuters reporting Chinese state-owned banks were seen selling dollars at the 6.80 yuan per dollar level
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In the onshore market, believed to be an effort to support the yuan
Reuters citing two unnamed sources
3 July, 2017 by The TZ Newswire Staff Comments Off on Why Tesla has a ‘clear advantage’ over other automakers: Analyst
Why Tesla has a ‘clear advantage’ over other automakers: Analyst
Tesla’s highly anticipated Model 3 sedan could see the car-maker reap rewards but there are risks ahead, an analyst said.
3 July, 2017 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news: North Korea fires off a ballistic missile test
ForexLive Asia FX news: North Korea fires off a ballistic missile test
Forex news for Asia trading Tuesday 4 July 2017
Ahead of the RBA announcement (still to come, due at 0430GMT) moves on forex were confined to small ranges. A little USD weakness in the first part of the Tokyo morning saw EUR, CHF, GBP, AUD, CAD all trade a little stronger, as did the yen.