Traders keep bets the Fed’s rate cuts will start in May
By Ann Saphir (Reuters) – Inflation is cooling, but not quite quick enough to allow the U.S. central bank to deliver its first interest-rate reduction by March, with traders betting on Friday…
Traders bulk up on biggest bull position in sterling since Brexit
By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and weak growth mean the party in the pound…
SEC fines Cantor Fitzgerald over repeated failure to identify large traders
(Reuters) – The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company’s repeated failure to identify and report customers as large traders. Cantor Fitzgerald did not admit…
Traders bet Fed will follow June ‘skip’ with summer hike
(Reuters) – Traders added to bets the Federal Reserve will soon be back to raising U.S. interest rates after skipping a hike in June, following the publication of U.S. central bank forecasts…
Exclusive-VTB to sell one of Russia’s biggest grain traders, Demetra-Holding, CEO Kostin says
MOSCOW (Reuters) – VTB, Russia’s second largest bank, will sell its stake in one of Russia’s biggest grain traders, Demetra-Holding, and is in negotiations with both Russian and foreign buyers, CEO Andrei…
Retail traders tiptoe back into U.S. stocks after 3-month hiatus
(Reuters) – Retail trading in U.S. stocks is starting to pick up again after months of slowdown, data showed, as the hype around artificial intelligence (AI) and a tamer interest-rate outlook prove…
Traders firm up bets on Fed rate hike in May
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Friday firmed up bets the U.S. central bank will raise its benchmark rate a final time in May after…
Traders keep to bets Fed will raise interest rates by 25 bps next week
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate have stuck to their bets of a quarter percentage point interest rate hike next week as relative calm prevailed in…
Credit Suisse plunge sends traders flocking to its U.S-listed options
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders piled into U.S.-listed options on Credit Suisse at a record pace on Wednesday, as worries over the future of the embattled Swiss bank…
Trading in big bond markets becomes challenging after bank rout – traders
By Yoruk Bahceli and Harry Robertson (Reuters) – Banking turmoil on both sides of the Atlantic prompting the sharpest daily moves in decades in big government bond markets has made it much…
China boosts Australian coal imports on hopes for more easing of curbs -traders, data
By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) -Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed…
Latvia says traders use Turkey, Kazakhstan, Armenia to dodge Russia sanctions
By Andrius Sytas VILNIUS (Reuters) – Traders are using Turkey, Kazakhstan and Armenia to evade European Union sanctions on Russia in a tactic that breaches these countries’ compliance with the bloc’s embargo,…
Traders see inflation falling this year – JPMorgan survey
By Naomi Rovnick LONDON (Reuters) – Most traders believe global inflation has peaked, while potential recession has emerged as the main risk to markets this year, according to a survey released on…
Supreme Court rejects appeals by ex-Deutsche Bank traders convicted of ‘spoofing’
By John Kruzel (Reuters) – The U.S. Supreme Court on Monday turned away appeals by two former Deutsche Bank AG commodities traders convicted of manipulating precious metals prices by placing “spoof” orders.…
Will the Fed ‘raise and hold’ rates? Traders bet they will not
By Ann Saphir (Reuters) – Federal Reserve policymakers have all but promised to dial down the pace of their interest rate hikes next week, and over coming months feel their way to…
Traders now see Fed policy rate hitting 5% next year
(Reuters) -The Federal Reserve is seen driving its policy rate above 5% by May after a government report Friday showed little sign of a cooling job market, despite the central bank’s aggressive…
Traders scramble for protection after Fed spooks markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors rushed to guard against further declines in U.S. stocks on Thursday, a day after the Federal Reserve dashed hopes for a downshift in…
Brazil moves closer to China corn exports as Beijing approves traders
By Dominique Patton and Ana Mano BEIJING/SAO PAULO (Reuters) -Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of…
Gap shrinks between Egypt’s official, black market dollar prices – traders
By Mahmoud Salama CAIRO (Reuters) – The gap between the official and black market price of dollars in Egypt has narrowed significantly since the central bank announced a flexible exchange rate policy,…
Japanese yen jumps vs dollar, traders suspect intervention
By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) – The battered yen jumped against the dollar on Friday, triggering speculation that Japanese authorities may be in the market to stem…
India’s RBI intervening in NDF market, monitoring rupee positions – traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based in India’s GIFT City International Financial Services…
Exclusive-VTB urges Putin to curb Western grain traders’ Russian ops – letter
By Polina Devitt, Michael Hogan and Darya Korsunskaya MOSCOW/HAMBURG (Reuters) – Sanctions-hit VTB Bank has urged President Vladimir Putin to curb the activities of Western grain traders in Russia, citing the need…
India’s RBI likely sells dollars as surging U.S. yields hold rupee hostage – traders
MUMBAI (Reuters) – The Indian central bank likely sold dollars via state-run banks on Wednesday as rising Treasury yields and mounting risk aversion pushed the rupee to a record low, traders said.…
Australia, NZ dlrs hit new lows as traders buy dollars amid volatility
SYDNEY (Reuters) – The Australian and New Zealand dollars hit fresh multi-year lows on Monday as traders, already gripped by growth fears and rate hikes, piled into the safe-haven greenback after Britain’s…
India cenbank likely sells dollars as rupee plumbs record low – traders
MUMBAI (Reuters) – The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee extended losses to hit a record low, three traders told Reuters. The rupee…
Traders start pricing in chance of ECB rate cut late next year
By Yoruk Bahceli (Reuters) – Money markets in the euro zone have started pricing in a chance of an ECB rate cut late next year, as traders bet the bank may end…
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