4 July, 2017 by The TZ Newswire Staff Comments Off on Asian markets cautious as geopolitical concerns surge; Nikkei down 0.1%, Kospi off 0.1%
Asian markets cautious as geopolitical concerns surge; Nikkei down 0.1%, Kospi off 0.1%
Asian bourses traded lower on Wednesday as geopolitical concerns come to the fore a day after North Korea’s missile launch.
4 July, 2017 by The TZ Newswire Staff Comments Off on Silicon Valley Begins To Crack Visibly
Silicon Valley Begins To Crack Visibly
Authored by Wolf Richter via WolfStreet.com,
Chilling photos of for-lease signs lining the Great America Parkway
There are parts of Silicon Valley where commercial real estate is still hanging on, and there are parts where it has let go.
4 July, 2017 by The TZ Newswire Staff Comments Off on A little USD weakness across the board as Asia gets active
A little USD weakness across the board as Asia gets active
EUR, GBP, gold, yen …. even AUD and NZD all a little higher against the USD
CAD … WTF are you doing? (I know, not much)
We are coming off a US holiday, thin liquidity trading overnight … but Tokyo is now open and Singapore & Hong Kong are coming online also.
4 July, 2017 by The TZ Newswire Staff Comments Off on USD/JPY slipping further, under 113 now
USD/JPY slipping further, under 113 now
North Korean tensions driving some yen buyers:
– US Sec State Tillerson – N Korea ICBM launch a new escalation
more to come
4 July, 2017 by The TZ Newswire Staff Comments Off on Vatican acknowledges past problems at ‘pope’s hospital’
Vatican acknowledges past problems at ‘pope’s hospital’
The Vatican secretary of state acknowledged Tuesday that there were problems at “the pope’s hospital” for ch
4 July, 2017 by The TZ Newswire Staff Comments Off on 3 Takeaways From Nike Inc’s Earnings Results
3 Takeaways From Nike Inc’s Earnings Results
Nike (NYSE: NKE) stock jumped 11% last week following its surprisingly strong fiscal fourth-quarter earnings results. Here are few big takeaways for investors from the announcement.
Nike gets less than half its revenue from the domestic market. Compare that to Under Armour (NYSE: UA) (NYSE: UAA), which is dependent on the U.S. geography for over 80% of sales. That gap helps explain why Nike’s growth slowdown has been more modest as the U.S. market weakens.