Traders
Yen surges as traders brace for interest rate shift while risk mood sours
THE yen rallied for a fourth consecutive day on Thursday (Jul 25), reaching a six-week high, as traders ditched their long-running bets against the currency and a plunge in...
Gold little changed as traders brace for US data
GOLD prices were little changed on Thursday (Jul 25) as investors waited for US economic data to gauge the timing of the central bank’s interest rate cuts.Spot gold was...
Traders eye return to business as usual after cyber outage; issues remain
Trading returned to normal on Friday (Jul 19) after a global technology outage hampered operations at financial firms from London to Singapore and New York, although a few residual...
Morgan Stanley traders, bankers top estimates as wealth lags
MORGAN Stanley’s traders joined the party across Wall Street in the second quarter even as the firm’s larger wealth business fell short of expectations.
The bank’s trading business posted the...
Asia: Traders struggle to match Wall Street record as Trump odds grow
ASIAN markets fluctuated on Tuesday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest...
Asia: Stocks mixed, dollar rises as traders weigh Trump shooting
ASIAN markets were mixed on Monday as investors weigh the impact of the assassination attempt on Donald Trump with data suggesting it has boosted his chances of being re-elected...
ExxonMobil’s Belgium traders decline UK transfer, risking jobs
MORE than two dozen of ExxonMobil’s trading staff declined the oil giant’s offer to transfer to London from Belgium, putting their jobs at risk, according to a union official.A...
Gold holds ground as traders gauge Fed rate-cut bets
GOLD prices were steady on Wednesday (Jun 19) after softer-than-expected US retail sales data reinforced bets of imminent Federal Reserve rate cuts.Spot gold held its ground at US$2,327.76 per...