8 July, 2017 by The TZ Newswire Staff Comments Off on Villeroy says ECB likely to wait until the Fall to take next step
Villeroy says ECB likely to wait until the Fall to take next step
Villeroy spoke to Bloomberg TV on Saturday
Villeroy strongly hinted there will be no actions at the July 20 ECB meeting.
“In the future, and this will be our decision next fall, we will go on adapting the intensity of this monetary policy,” he said.
8 July, 2017 by The TZ Newswire Staff Comments Off on Visualizing "Conundrum 2.0": This Is What The Fed Is Missing
Visualizing "Conundrum 2.0": This Is What The Fed Is Missing
While it may come as a surprise to the current crop of 17-year-old hedge fund managers, the current period of persistently low long-term interest rates and plunging, near reocrd volatility in the face of a hawkish Fed and rising short-term rates, is hardly new: exactly the same happened from 2004 through 2006, despite the Fed’s continued rate hikes and jawboning. Alan Greenspan, the Fed’s Chair at the time, called this phenomenon a “conundrum” and blamed it on many things, including the global savings glut.
8 July, 2017 by The TZ Newswire Staff Comments Off on How Rihanna’s childhood passion for shoes has now landed her two lucrative deals
How Rihanna’s childhood passion for shoes has now landed her two lucrative deals
Her latest line, with Manolo Blahnik, is called “#SoStoned.
8 July, 2017 by The TZ Newswire Staff Comments Off on Cord Cutting Is Just Getting Started
Cord Cutting Is Just Getting Started
Cord cutting started picking up steam in 2016 when 1.9 million pay-TV customers abandoned the service, according to an estimate from SNL Kagan. But that’s just the tip of the iceberg. The research group expects 10.8 million more customers to cut the cord over the next five years, with total subscribers falling to 82.3 million.
8 July, 2017 by The TZ Newswire Staff Comments Off on NerdWallet: Car buyers stretch loan payments to record lengths to get in pricier vehicles
NerdWallet: Car buyers stretch loan payments to record lengths to get in pricier vehicles
Just because you could qualify for a long loan doesn’t mean you should take it.
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8 July, 2017 by The TZ Newswire Staff Comments Off on How expensive is it to live in New York City nowadays? Your favorite TV ‘Friends’ couldn’t afford to
How expensive is it to live in New York City nowadays? Your favorite TV ‘Friends’ couldn’t afford to
Roomi crunched some data and found that some of TV’s cosmopolitan characters couldn’t afford to live in NYC.
8 July, 2017 by The TZ Newswire Staff Comments Off on A pivotal time for risk markets; what’s the trade? – Nomura
A pivotal time for risk markets; what’s the trade? – Nomura
Nomura likes EUR/NZD
Nomura FX Strategy Research notes argues that the coming months over the summer is likely to be pivotal for markets.
“Given that most expect the Fed to announce quantitative tightening in September or October and the ECB to announce its tapering plan in September, rates markets are likely to experience sharp moves in the