5 November, 2017 by The TZ Newswire Staff Comments Off on Nothing Can Bring Down This Market Except . . .
Nothing Can Bring Down This Market Except . . .
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5 November, 2017 by The TZ Newswire Staff Comments Off on Moody’s says China shadow bank activity stops growing
Moody’s says China shadow bank activity stops growing
The ratings agency says that China
shadow bank activity stops growing; records first-ever fall as a
share of GDP
5 November, 2017 by The TZ Newswire Staff Comments Off on Goldman On Tax Reform: "Now Comes The Hard Part"
Goldman On Tax Reform: "Now Comes The Hard Part"
The ink wasn’t even dry yet on the just published Republican Tax Cut And Jobs Act, and within the hour UBS was already confident that it has virtually no chance of passing: As UBS chief economist Seth Carpenter wrote shortly after the publication, “to our read, the release confirms our view that tax reform is far from being a done deal.
5 November, 2017 by The TZ Newswire Staff Comments Off on Do Credit-Shy Millennials Have It Right?
Do Credit-Shy Millennials Have It Right?
Though credit card abuse is hardy a new trend in the U.S., it’s one that seems to be growing increasingly out of control. Earlier this year, outstanding credit card debt reached an all-time high, totaling over $1 trillion.
5 November, 2017 by The TZ Newswire Staff Comments Off on The Latest: Shocked community holds prayer vigil near church
The Latest: Shocked community holds prayer vigil near church
The Latest on a shooting at a church in Texas (all times local): 7:05 p.m.
5 November, 2017 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.6247 (vs. Friday at 6.6072)
PBOC sets USD/CNY central rate at 6.6247 (vs. Friday at 6.6072)
On Friday the People’s Bank of China (via CFETS) set the yuan at 95.35 (against its trading basket) (from 95.02 the previous Friday)
People’s Bank of China to skip open market operations today, says liquidity at relatively high level. Net drain of 160bn yuan in OMOs by skipping today.