25 July, 2017 by The TZ Newswire Staff Comments Off on "Deeply-Flawed Western Economic Models" Are Undermining The Worst Global Recovery In History
"Deeply-Flawed Western Economic Models" Are Undermining The Worst Global Recovery In History
With stocks at record highs, seemingly proving that everything must be awesome in the world, Chris Watling, chief executive of Longview Economics, shocked CNBC on Friday by reminding them that “this is undoubtedly the lowest quality economic recovery we have seen globally… full stop.”
The reason is simple, Watling continued,
25 July, 2017 by The TZ Newswire Staff Comments Off on EU’s Moscovici says Greece returning to bond markets is positive but reforms still needed
EU’s Moscovici says Greece returning to bond markets is positive but reforms still needed
EU financial head Moscovici speaking in Athens 25 July
– positive that Greece is returning to markets
– Greece is a turning point
– confident that Greece will successfully conclude bail out programme
Greece today is selling a new 5year bond and conclude an offer to switch or tender old bonds maturing in 2019, aiming at around 4.875%
25 July, 2017 by The TZ Newswire Staff Comments Off on Global Advisors Launches ICO and Altcoin Closed-End Private Fund
Global Advisors Launches ICO and Altcoin Closed-End Private Fund
As with Global Advisors’ current Bitcoin investment fund, the newly closed fund is Jersey based.
25 July, 2017 by The TZ Newswire Staff Comments Off on Here’s what it looks like when the foreclosure ‘pig’ moves through the housing-crisis ‘python’
Here’s what it looks like when the foreclosure ‘pig’ moves through the housing-crisis ‘python’
There’s a notable exception in the housing recovery: delinquent mortgages bought on government auctions by institutional investors to buttress the market, irking the homeowners and advocacy groups that the program was meant to help.
read more
25 July, 2017 by The TZ Newswire Staff Comments Off on Monex Group Reports Strong Results Despite Mixed Performance by Monex Inc.
Monex Group Reports Strong Results Despite Mixed Performance by Monex Inc.
Weaker performance by Monex, Inc, the wholly-owned subsidiary of Monex Group, did not drag down the group in Q2 2017.
25 July, 2017 by The TZ Newswire Staff Comments Off on Bricks And Mortar, With A Dash Of Service For Customer Stickiness
Bricks And Mortar, With A Dash Of Service For Customer Stickiness
Can bricks-and-mortar survive the eCommerce onslaught?
In an interview with PYMNTS’ Karen Webster, Dave Barrowman, who serves as senior vice president at Skava, said that in the physical retail space, the death of physical retail remains greatly exaggerated. With some ingenuity and attention to the value proposition of the tangible retail experience, he told Webster, players big and small can do more than survive — they can thrive.
25 July, 2017 by The TZ Newswire Staff Comments Off on Germany IFO July business climate 116.0 vs 114.9 exp
Germany IFO July business climate 116.0 vs 114.9 exp
Germany IFO July readings now out 25 July
– 115.2 prev revised up from 115.1
– expectations 107.3 vs 106.5 exp vs 106.8 prev
– current assessment 125.4 vs 123.8 exp vs 124.2 prev up from 124.1
A decent set of readings sees EURUSD up to 1.1665, EURGBP 0.8957 and EURJPY 129.78