31 October, 2017 by The TZ Newswire Staff Comments Off on Mike Krieger Warns "We Live In Revolutionary Times"
Mike Krieger Warns "We Live In Revolutionary Times"
31 October, 2017 by The TZ Newswire Staff Comments Off on These 2 Apple Suppliers Are Just Below Buys Before Earnings; S&P 500 Futures
These 2 Apple Suppliers Are Just Below Buys Before Earnings; S&P 500 Futures
Futures for the S&P 500 index, Nasdaq 100 and Dow industrials rose modestly late Tuesday despite disappointing sales guidance from several top-rated tech companies, including Electronic Arts (EA).
31 October, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY reference rate for today at 6.6300 (vs. yesterday at 6.6397)
PBOC sets USD/CNY reference rate for today at 6.6300 (vs. yesterday at 6.6397)
People’s Bank of China with the onshore yuan mid rate for the trading session. A stronger CNY against the USD.
Also, OMOs today, the Bank to:
– inject 140 bn yuan via 7 day reverse repos
Net is 0 yuan (i.e. injection matches maturities)
31 October, 2017 by The TZ Newswire Staff Comments Off on Assets In Luxembourg Funds Hits Record €4T+
Assets In Luxembourg Funds Hits Record €4T+
Assets under management in Luxembourg-domiciled funds has crested €4 trillion, a 7.9% increase through the first nine months of this year due mostly to increased net sales, according to new data from the Association of the Luxembourg Fund Industry (ALFI).
31 October, 2017 by The TZ Newswire Staff Comments Off on Japan finance minister Aso says want to work with BOJ to help the economy
Japan finance minister Aso says want to work with BOJ to help the economy
Group hug!
And:
– Current economic trends are not so bad
– Need to make sure economic growth is sustainable
Headlines via Bloomberg
The more Japanese officials talk about the economy the better, I reckon, The inflation goal is way out of reach, but the economy is doing ‘not too bad’ .
31 October, 2017 by The TZ Newswire Staff Comments Off on Doubling Down on Deflationary Forces
Doubling Down on Deflationary Forces
By A. Gary Shilling – Most forecasters, including the Fed, continue to look in vain for significant inflation generated by wage jumps. They don’t take into account the depressing effects on compensation of globalization and the resulting large…
31 October, 2017 by The TZ Newswire Staff Comments Off on Altair Engineering Inc. Announces Pricing of Initial Public Offering
Altair Engineering Inc. Announces Pricing of Initial Public Offering
TROY, Mich., Oct. 31, 2017 (GLOBE NEWSWIRE) — Altair Engineering Inc. (NASDAQ:ALTR) today announced the pricing of its initial public offering of 12,000,000 shares of its Class A common stock at a price of $13.00 per share, for a total offering size of $156 million. Of these shares, 8,065,004 are being offered by Altair and 3,934,996 are being offered by selling stockholders. The shares are expected to begin trading on the NASDAQ Global Select Market under the ticker symbol “ALTR” on November 1, 2017, and the offering is expected to close on November 3, 2017.