6 July, 2017 by The TZ Newswire Staff Comments Off on USD/JPY on the move, ticking a wee bit higher
USD/JPY on the move, ticking a wee bit higher
If USD/JPY wants some attention it’ll need to do better than this!
Silver, gold … they know how to do it 😀 Gold copping it – off $4 in a sharp drop
Anyway … USD/JPY is up 20 or so points
6 July, 2017 by The TZ Newswire Staff Comments Off on Asian markets pressured following softer US close and rise in bond yields
Asian markets pressured following softer US close and rise in bond yields
Stocks in Asia were lower in early Friday trade following the weaker close stateside and as global bond yields rose.
6 July, 2017 by The TZ Newswire Staff Comments Off on CFTC Formally Registers New Cryptocurrency Swap Execution Facility
CFTC Formally Registers New Cryptocurrency Swap Execution Facility
The CFTC has issued an Order of Registration to cryptocurrency startup LedgerX granting it status as a Swap Execution Facility.
6 July, 2017 by The TZ Newswire Staff Comments Off on Japan – Labour Cash Earnings for May: +0.7% y/y (expected 0.4%)
Japan – Labour Cash Earnings for May: +0.7% y/y (expected 0.4%)
Japanese wages data for May
Labour Cash Earnings +0.7% y/y (biggest rise in 10 months)
– % y/y expected 0.4% y/y, prior 0.5%
Real cash Earnings +0.1% y/y
– expected -0.1%, prior 0.0%
That ‘real’ figure is still very lacklustre – at least it’s a positive I suppose. The government (and BOJ) want wages to rise to help fuel consumption.
6 July, 2017 by The TZ Newswire Staff Comments Off on State Pension Crisis Leading to High-Tax Exodus
State Pension Crisis Leading to High-Tax Exodus
By FS Staff – Many public pension plans are dragging down their respective state and local governments, and the root of the problem is legislative inflexibility and demographic shifts, stated Jim Bianco, head of Bianco Research. This time on FS Insider…
6 July, 2017 by The TZ Newswire Staff Comments Off on A Supercomputer Is Betting on a Market Crash in the Months Ahead
A Supercomputer Is Betting on a Market Crash in the Months Ahead
By FS Staff – The Financial Crisis Observatory (FCO) at ETH Zurich released its latest Global Bubble Status Report on July 1st. As we discussed with FCO’s director, Didier Sornette, on our podcast in May, they use one of the world’s leading supercomputers to monitor…