3 August, 2017 by The TZ Newswire Staff Comments Off on RBS swings to first-half profit, says no more than 150 jobs will move due to Brexit
RBS swings to first-half profit, says no more than 150 jobs will move due to Brexit
RBS reported a large earnings beat on Friday morning with the U.K. lender highlighting that it had swung back to a first-half profit for the first time in three years.
3 August, 2017 by The TZ Newswire Staff Comments Off on Live Blog: RBS swings back to profit in first half 2017; DOJ fine still a ‘large issue’
Live Blog: RBS swings back to profit in first half 2017; DOJ fine still a ‘large issue’
Our live blog is tracking reactions after RBS earnings beat estimates, swinging back to profit in the first half of 2017.
3 August, 2017 by The TZ Newswire Staff Comments Off on Nikkei 225 closes down -0.38% at 19.952.33
Nikkei 225 closes down -0.38% at 19.952.33
Softer tones as USDJPY retreats 4 Aug
– high 19984.53
– low 19933.59
– Topix -0.15% at 1631.45
– USDJPY 110.10 after lows of 109.84
Expect offers/res between 110.20-30. Demand still into 109.80
3 August, 2017 by The TZ Newswire Staff Comments Off on German June factory orders 1.0% m/m vs 0.5% exp
German June factory orders 1.0% m/m vs 0.5% exp
Solid beat on estimates
– Prior was 1.0%
Same as prior. More positive news for the Eurozone’s largest economy.
The euro appears a little exhausted after its stellar climb YTD. But fundamentally nothing to suggest there will be anything more than shallow technical pullbacks.
3 August, 2017 by The TZ Newswire Staff Comments Off on Vladimir Putin, At Wit’s End With Washington, Opts For Poker Over Chess
Vladimir Putin, At Wit’s End With Washington, Opts For Poker Over Chess
Authored by Robert Birdge via The Strategic Culture Foundation,
Russian President Vladimir Putin has made a calculated bet that the embattled Trump administration will interpret his expulsion of hundreds of US diplomats from Russia as more of a friendly warning than an overtly hostile act.
3 August, 2017 by The TZ Newswire Staff Comments Off on Betting on market volatility? Here’s what you need to know
Betting on market volatility? Here’s what you need to know
Historic low market volatility is spurring investors to find returns in new places, with some rushing their money into risky trades.
3 August, 2017 by The TZ Newswire Staff Comments Off on Hall’s Astenbeck Closing Main Hedge Fund As Bullish Oil Outlook Wanes
Hall’s Astenbeck Closing Main Hedge Fund As Bullish Oil Outlook Wanes
Hall’s Astenbeck Closing Main Hedge Fund As Bullish Oil Outlook Wanes
Aug 3 2017 | 5:03pm ET
Following a dramatic shift in his long-held bullish bias on oil, famed commodities trader Andrew Hall is shuttering the main hedge fund at $2.4 billion Astenbeck Capital Management after large losses during 2017’s first half.
Hall’s flagship Master Commodities Fund II reportedly lost nearly 30% in the first six months of…