Hedge Funds Rushed to Short Treasuries in Time for Payrolls Beat
Speculators timed it just about perfectly before Friday’s strong US payrolls data, adding the most to their bets against benchmark Treasuries in just over a…
Source: biztoc.com
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EV Battery Stocks in Korea Add to This Year's Sharp Gains
Korean stocks tied to the electric-vehicles’ battery space extended this year’s frenzied rally on Monday, with market watchers citing a slew of positive…
Source: biztoc.com
Turkish Current Account Stays Deep in Red, Comes Off Record High
Turkey’s current-account balance stayed deep in the red in February, a key vulnerability for the economy as President Recep Tayyip Erdogan’s government tries…
Source: biztoc.com
Currencies in Tight Ranges, US Futures Edge Up: Markets Wrap
Stocks in Asia gained Monday and Treasury yields fell back as investors assessed the Federal Reserve’s policy path to control inflation. • None Saudi Arabia’s…
Source: biztoc.com
Tech Rally Faces a Reckoning Ahead of Tough Earnings Season
This year’s 20% rally in US technology stocks is decoupling from reality ahead of what’s predicted to be a gloomy reporting season, the latest MLIV Pulse…
Source: biztoc.com