The Traderszone Network

16 July, 2017 by The TZ Newswire Staff Comments Off on Japan govmt draft report – to warn of greater threat from North Korea

Japan govmt draft report – to warn of greater threat from North Korea

Japan is drafting a white paper on defense for 2017, for release next month
– The report is said to warn that the threat from North Korea is rising to a new level

16 July, 2017 by The TZ Newswire Staff Comments Off on Australian media – "four reasons why the RBA can’t raise rates"

Australian media – "four reasons why the RBA can’t raise rates"

A slow start for Asia this morning, and with a Japan holiday it may well stay that way until Europe/UK time
It’s a national holiday in Japan for Marine Day (also know as Ocean Day, Sea Day)

16 July, 2017 by The TZ Newswire Staff Comments Off on China Q2 GDP preview – "growth likely to cool as Beijing targets property, debt risks"

China Q2 GDP preview – "growth likely to cool as Beijing targets property, debt risks"

This via Reuters:
– China economy seen growing 6.8 pct y/y in Q2, vs Q1’s 6.9 pct
– Property curbs, deleveraging push seen weighing on growth
– Solid exports, consumption may cushion slowdown – economists

16 July, 2017 by The TZ Newswire Staff Comments Off on UK data – July Rightmove house prices +0.1% m/m (prior -0.4%) & +2.8% y/y (+1.8%)

UK data – July Rightmove house prices +0.1% m/m (prior -0.4%) & +2.8% y/y (+1.8%)

Asking prices for houses and apartments in England and Wales 
Rightmove said average asking prices for property sold on its website increased in July, a month that usually sees slight falls in prices

16 July, 2017 by The TZ Newswire Staff Comments Off on China central bank told by Xi to play bigger role in managing financial risk

China central bank told by Xi to play bigger role in managing financial risk

The People’s Bank of China will take on a bigger role in macro-prudential management and in averting systemic risk, President Xi Jinping said.

16 July, 2017 by The TZ Newswire Staff Comments Off on NZ June services PMI 58.6 (prior 58.8)

NZ June services PMI 58.6 (prior 58.8)

BNZ – BusinessNZ Performance of Services Index (PSI)
Another strong reading, down 0.2 points from May
BNZ Senior Economist Craig Ebert:

16 July, 2017 by The TZ Newswire Staff Comments Off on President Xi Jinping says PBOC to take on a bigger role in in averting systemic risk

President Xi Jinping says PBOC to take on a bigger role in in averting systemic risk

The once every five years China National Financial Work Conference was on this weekend
President Xi Jinping said financial security is a vital part of national security, and as such the People’s Bank of China will take on a bigger role in macro-prudential management & in averting systemic risk in the financial system