13 August, 2017 by The TZ Newswire Staff Comments Off on RBA’s Kent speaking on Australian housing debt, risks
RBA’s Kent speaking on Australian housing debt, risks
Reserve Bank of Australia’s Christopher Kent, Assistant Governor (Financial Markets), speaks at the Moody’s Conference
– Says there is a large share of both owner-occupier and investor loans with current loan-to-valuation ratios between 75 and 80%
(quick summary via Bloomberg)
13 August, 2017 by The TZ Newswire Staff Comments Off on S&P 500, Nasdaq Aim To Retake 50-Day; Microsoft, Wal-Mart Near Buys
S&P 500, Nasdaq Aim To Retake 50-Day; Microsoft, Wal-Mart Near Buys
Futures for the S&P 500 index, Nasdaq 100 and Dow Jones industrial average rose Sunday evening. The S&P 500 index and Nasdaq composite ended last week just below their 50-day moving averages. Meanwhile, Dow giants Microsoft (MSFT) and Wal-Mart (WMT) dipped just below buy points.
13 August, 2017 by The TZ Newswire Staff Comments Off on Is Mondelez International Overvalued?
Is Mondelez International Overvalued?
Mondelez International (NASDAQ: MDLZ) stock and several of its peers in the food industry have underperformed the S&P 500 over the last five years. This is largely because sales growth has been very difficult to come by, as consumers are turning away from sugary, heavily processed foods in favor of healthier choices.
13 August, 2017 by The TZ Newswire Staff Comments Off on Asian shares expected to focus on China data, dollar languishes
Asian shares expected to focus on China data, dollar languishes
The greenback began the week on the back foot as investors in Asia geared up for the release of a barrage of China data.
13 August, 2017 by The TZ Newswire Staff Comments Off on AUD traders – heads up for an RBA speech due at 2335GMT
AUD traders – heads up for an RBA speech due at 2335GMT
Reserve Bank of Australia’s Christopher Kent, Assistant Governor (Financial Markets), speaks at the Moody’s Conference in Sydney.
Due at 2335GMT
I posted earlier:
13 August, 2017 by The TZ Newswire Staff Comments Off on Tiki torch-makers decry use by white supremacists
Tiki torch-makers decry use by white supremacists
Tiki Brand Products, the company that makes the popular backyard torches, distanced itself Sunday from the white supremacists who used its products during this weekend’s violent demonstrations in Charlottesville, Va.
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13 August, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Top U.S. general backs diplomatic solution to North Korea crisis
The Wall Street Journal: Top U.S. general backs diplomatic solution to North Korea crisis
The Pentagon’s top military officer said here Sunday the focus remains on finding a diplomatic solution to the North Korea missile crisis, even as the military works up viable options in case they become necessary.
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