26 July, 2017 by The TZ Newswire Staff Comments Off on Further gains in EUR/USD plausible … but limits to ECB tolerance likely
Further gains in EUR/USD plausible … but limits to ECB tolerance likely
The latest from ANZ, their weekly FX Insights, focusing on the euro
In summary:
– The current discouraging blend of political uncertainty and receding interest rate expectations in the US have contributed to the dollar’s sell-off
More:
26 July, 2017 by The TZ Newswire Staff Comments Off on Bumper China industrial profits data – but rising financing costs for companies
Bumper China industrial profits data – but rising financing costs for companies
The data is here from earlier:
China June Industrial profits +19.1% y/y (+16.7% previously)
More from Reuters
(link here)
More at that link, above
26 July, 2017 by The TZ Newswire Staff Comments Off on While Markets Get Pricey, Cracks Starting to Appear
While Markets Get Pricey, Cracks Starting to Appear
FS Staff – “We don’t see major imbalances in the real economy in terms of cyclical spending but we are starting to see froth, for example, in the commercial real estate space where the vacancy rate has certainly bottomed and where underwriting standards…”
26 July, 2017 by The TZ Newswire Staff Comments Off on Why Oil Is at a 6-Week High
Why Oil Is at a 6-Week High
Oil has popped in recent weeks, and in this clip from Industry Focus: Energy, Motley Fool analysts Sean O’Reilly and Taylor Muckerman explain what’s behind the new highs, why U.S. inventory data has such a profound and imbalanced effect on the price of oil worldwide, and more.
A full transcript follows the video.
26 July, 2017 by The TZ Newswire Staff Comments Off on AUD – RBA meet next week, preview. SOMP follows on Friday – preview also
AUD – RBA meet next week, preview. SOMP follows on Friday – preview also
Westpac preview of the Reserve Bank of Australia monetary policy August meeting (August 1) & Statement on Monetary Policy (August 4)
I’ve summarised, and focused on the comments on the AUD.
26 July, 2017 by The TZ Newswire Staff Comments Off on CSX Rail Down 5% on Shocking Conference Call
CSX Rail Down 5% on Shocking Conference Call
This week, rail company CSX (NASDAQ: CSX) dropped 5% in a single day after CEO Hunter Harrison reported that not only was he leaving the company, and not only was CSX planning for 700 layoffs, but also that he thinks fossil fuels are a doomed industry.
26 July, 2017 by The TZ Newswire Staff Comments Off on More OPEC Members Are Slacking on Their Cuts
More OPEC Members Are Slacking on Their Cuts
This month, Ecuador joined a host of other OPEC countries in pumping over their production cut limit. In this segment of Industry Focus: Energy, Motley Fool energy analysts Sean O’Reilly and Taylor Muckerman talk about why, and what this is doing to the price of oil.
A full transcript follows the video.