Traders
Asian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks[HONG KONG] Asian markets struggled to maintain their early momentum on Thursday (Dec...
Most Asian markets rise as traders await key US data
Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year[HONG KONG] Markets mostly rose on...
Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
[NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.Strategy, the company once hailed for wrapping crypto exposure into a public stock,...
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
[SINGAPORE] Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia. Nicky Lam, formerly of Nomura in Singapore,...
China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say
[CHICAGO] China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons, for shipment in December and January, two...
US: Wall Street ends mixed; traders look to Nvidia report
WALL Street stocks ended mixed on Friday (Nov 14) as investors looked ahead to Nvidia’s quarterly results next week and worried that the Federal Reserve may hold off on...
Asia: Stocks rally as traders cheer Trump-Xi meeting plan
ASIAN markets rallied on Friday after the White House confirmed President Donald Trump would meet China’s Xi Jinping next week, stoking optimism for a cooling of trade tensions between...
Gold holds drop as traders focus on US-China trade, credit woes
[MELBOURNE] Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade tensions as well as jitters surrounding US...
