29 October, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.6487 (vs. Friday at 6.6473)
PBOC sets USD/CNY mid-point today at 6.6487 (vs. Friday at 6.6473)
Also on Friday, CFETS set the basket rate for the yuan:
At 95.02
– up 0.38 on the week (i.e. from 94.64)
Friday was also notable for the introduction of 2-month reverse repos (63-day RRs) to open market operations from the People’s Bank of China. this The eases liquidity pressure further, aimed at stabilising it in a more medium to
29 October, 2017 by The TZ Newswire Staff Comments Off on Preview of the Bank of Japan meeting (announcement due Tuesday)
Preview of the Bank of Japan meeting (announcement due Tuesday)
Here are a couple of previews: I posted late last week:
Here is my ‘in a nutshell’ preview to add to those:
– No policy change expected
– Headline inflation is rising very slowly (latest data was on Friday – , core is moribund at 0.2%)
29 October, 2017 by The TZ Newswire Staff Comments Off on Caught On Video: This Is All That’s Left Of Sears Canada
Caught On Video: This Is All That’s Left Of Sears Canada
On October 11, we reported that the now defunct Sears Canada announced plans to liquidate its remaining 150 stores instead of restructuring, the latest admission of brick and mortar defeat in the war with Amazon, with the result some 12,000 job losses in the coming weeks. The Canadian version of Sears is the latest victim of department-store decline that’s swept North America as shoppers gravitate online.
29 October, 2017 by The TZ Newswire Staff Comments Off on Diamond Hill Investment Group Declares $7 Special Dividend
Diamond Hill Investment Group Declares $7 Special Dividend
Diamond Hill Investment Group (NASDAQ: DHIL) reported third-quarter results on Oct. 26. The investment manager’s advisory fees are growing along with its clients’ assets, allowing it to pay out a large portion of its profits to its investors.
Metric
Q3 2017
29 October, 2017 by The TZ Newswire Staff Comments Off on Asia markets edge higher as investors await earnings releases
Asia markets edge higher as investors await earnings releases
Asian shares edged higher in early trade as investors awaited results from regional corporates, including HSBC.
29 October, 2017 by The TZ Newswire Staff Comments Off on FX option expiries for today, Monday October 30 2017
FX option expiries for today, Monday October 30 2017
10am NY expiry – please check back with Mike during UK time for updates and more.
EUR/USD, EUR amounts
– 1.1670 300m
– 1.1650 510m
– 1.1600 460m
– 1.1580 800m
USD/JPY, USD amounts
29 October, 2017 by The TZ Newswire Staff Comments Off on "Unhinged" Billionaire Steyer Urges Nation To "Impeach Mentally Unstable Trump" In Prime Time World Series Ad
"Unhinged" Billionaire Steyer Urges Nation To "Impeach Mentally Unstable Trump" In Prime Time World Series Ad
In the commercial break right before the National Anthem was sung at tonight’s game 4 of The World Series, embittered billionaire Tom Steyer decided it was time to release his full length ad demanding that President Trump be impeached…
“He’s brought us to the brink of nuclear war, obstructed justice at the FBI, and in violation of the constitution, he has taken money from foreign governments and threatened to shut down news organizations who report the truth.