The biggest beneficiaries of the so-called Trump rally are reversing the gains they made after the election.
Last week, traders increased their bets against banking stocks as uncertainty mounted.. Business Insider
y March 27, but Wall Street is already getting one of its biggest calls of the year all wrong: The death of the bull market in bonds.
The election of Donald Trump as president sparked an.. Business Insider
Mar.27 -- Komal Sri-Kumar, president at Sri-Kumar Global Strategies, explains why he doesn't see the right conditions to allow the Federal Reserve to raise interest rates 3-4 times in 2017. He speaks.. Source: Bloomberg Global Business -
Mar.27 -- Jeremy Stretch, head of FX strategy at CIBC, discusses his outlook for the U.S. dollar with Bloomberg's Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe." Source: Bloomberg Global Business -
Mar.24 -- The Bank of Russia took the unexpected step of reducing borrowing costs Friday, as policy makers said there is the potential for a gradual cutting of the key rate in the next two quarters... Source: Bloomberg Global Business -
The dollar's value sank against other currencies, as did bank stocks, while prices jumped for Treasury bonds. The stock market had been on a nearly nonstop rip higher since Election Day on the belief.. SeattlePI.com
Authored by John Rubino via DollarCollapse.com,
*While the Japanese and Swiss central banks have turned themselves into hedge funds by loading up on equities*, the US Fed has stuck to supporting the.. Zero Hedge
The European Central Bank (ECB) is yet to be convinced there is sustainable inflationary pressure in the Eurozone economy, according to the policymakers’ chief economist.
Peter Praet, one of the.. City A.M.
U.K. stress tests this year will measure how banks will weather a pound crisis and sharply higher interest rates. That should give a clear view of the risks in U.K. lenders’ recent rush into.. Wall Street Journal
Catalyst/Millburn Hedge Strategy Fund (MBXIX) has been nominated for Alternative Product of the Year at the 2017 Mutual Fund Industry Awards. This award recognizes an alternative product that has stood.. PRWeb
The dollar has weakened to a four-month low.
The *US dollar index* is down by 0.6% at 99.02 as of 8:06 a.m. ET. The last time it was at this level was in mid-November.
The index is down by.. Business Insider
Global stocks are lower across the board to start the week, as concerns about Trump's administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower.. Zero Hedge
LONDON (Reuters) - Economists at HSBC changed their outlook for U.S. interest rates on Monday, and now expect the Federal Reserve to deliver another two rate hikes this year instead of the one Sify Also reported by •Reuters India
Australia has been caught up in last year's global reversal in interest rates led by Donald Trump and a resurgence of populist policies around the developed world, Algebris' Alberto Gallo says. Brisbane Times Also reported by •Sydney Morning Herald •The Age
Back in the old days, homes had fuse boxes. Today, of course, any new house is built with a circuit breaker panel and many older homes have been upgraded at one time or another. However, the fuse is a.. Zero Hedge
Just months ahead of local elections, the Cambodian government has ordered the microfinance industry to cap interest rates on new and refinanced loans at 18 percent a year starting April 1. Unless she.. VOA News