13 August, 2017 by The TZ Newswire Staff Comments Off on Australia – June Credit card purchases AUD 26.7bn (prior 58.3bn) & balances AUD 52.4bn(52.3bn)
Australia – June Credit card purchases AUD 26.7bn (prior 58.3bn) & balances AUD 52.4bn(52.3bn)
June Credit card purchases& balances
Not generally much of an immediate FX market mover/focus
13 August, 2017 by The TZ Newswire Staff Comments Off on North Korea crisis: Chinese banks could be hit hard by US sanctions
North Korea crisis: Chinese banks could be hit hard by US sanctions
Washington may impose sanctions on Chinese banks deemed to have dealings with North Korean companies, the SCMP reports.
13 August, 2017 by The TZ Newswire Staff Comments Off on Venezuela is on the path to dictatorship, says Vice President Pence
Venezuela is on the path to dictatorship, says Vice President Pence
U.S. Vice President Mike Pence said a a peaceful outcome is possible to domestic political turmoil in Venezuela.
13 August, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.6601 (vs. Friday at 6.6642)
PBOC sets USD/CNY central rate at 6.6601 (vs. Friday at 6.6642)
People’s Bank of China central rate and open market operations for Monday 14 August 2017
Stronger CNY against the USD again (strongest since 22 September last year)
13 August, 2017 by The TZ Newswire Staff Comments Off on Why is the yen lower in Asia this morning? (Let me count off the reasons)
Why is the yen lower in Asia this morning? (Let me count off the reasons)
There is plenty to explain the lower yen so far this morning, and a few counter-arguments too
1. Tensions over North Korea appear to have peaked, thus the flows into a yen ‘safe haven’ trade have slowed/reversed
13 August, 2017 by The TZ Newswire Staff Comments Off on Tell us what you think: Which jobs will be hit hardest by automation?
Tell us what you think: Which jobs will be hit hardest by automation?
In this week’s Trader Poll, we want to know which jobs you think will be hit hardest by automation.
13 August, 2017 by The TZ Newswire Staff Comments Off on Japan GDP Surges 4%, Most In Two Years, On Jump In Government Stimulus Spending
Japan GDP Surges 4%, Most In Two Years, On Jump In Government Stimulus Spending
Japan’s economy grew by 1% sequentially, and 4% on an annualized basis in Q2, smashing expectations of a 2.5% print and well above the upward revised 1.5% in the first quarter; it was also the the highest quarterly growth since a 5% print in Q2 2015, Japan’s Cabinet Office reported, and the 6th consecutive quarter of expansion for recently embattled Prime Minister Shinzo Abe, who has read more