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Extreme Bond Market Shorts Gamble on a Hawkish Powell Pivot

(Bloomberg) -- Bond traders who’ve been stung by the market’s recent rout are turning more and more bearish ahead of what many expect will be a hawkish tilt by the Federal Reserve.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAAmazon Posts Strongest Cloud Sales Growth in a Year on AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaBinance Founder Changpeng Zhao Gets Four ...
United States Kathryn Kaminski Alphasimplex Kaminski Jerome Powell Ian Lyngen Liz Capo Mccormick
Source: yahoo.com

Earnings Keep Stocks Aloft at Start of Fed Week: Markets Wrap

(Bloomberg) — Stocks were buoyed by earnings optimism as traders looked ahead to a busy week for company results. The yen rebounded after dropping to its lowest in 34 years. With Apple Inc. and Amazon.com Inc. scheduled to report in the next few days, investors will be hoping for more evidence that big technology profits…
United States United Kingdom New Zealand South Korea New York Jerome Powell

Stocks Gain as Focus Turns to Fed, Yen Rebounds: Markets Wrap

(Bloomberg) — Stocks rallied as earnings optimism offset concern about higher-for-longer interest rates. The yen rebounded after dropping to its lowest in 34 years. Europe’s Stoxx 600 rose 0.4%, with shares of Royal Philips NV surging 37% after reaching a smaller-than-expected compensation settlement in the US. Contracts for the S&P 500 climbed 0.2% as shares…
Hong Kong City Of United Kingdom South Korea Israel General New Zealand

Yen Traders See Uphill Battle for Japan to Halt Currency's Slide

(Bloomberg) -- Currency traders warned Japan’s government that it will need to repeatedly act to buoy the beleaguered yen given economic forces likely merit further depreciation.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveUS Warns ICC Action on Israel Would Hurt Cease-Fir...
New York United States Fumio Kishida Leah Traub Yusuke Miyairi Nomura Miyairi
Source: yahoo.com

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