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…
Goldman recommends traders short the euro versus Swiss franc after ECB rate hike
LONDON (Reuters) – Goldman Sachs recommends investors short the euro against the Swiss franc following the European Central Bank’s record rate increase as they think it likely the Swiss National Bank will…
Exclusive-Major traders, banks cut business ties with Russia-backed Indian refiner -sources
By Nidhi Verma NEW DELHI (Reuters) – Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as they are worried about Western sanctions over…
Argentina’s central bank likely to raise interest rate this week, say traders
By Jorge Otaola BUENOS AIRES – Argentina’s central bank is likely to raise its benchmark interest rate by 600 basis points this week to tackle the country’s high inflation, market participants told…
Ex-JPMorgan traders’ racketeering trial draws to close
By Jody Godoy (Reuters) -Three former JPMorgan Chase & Co employees began delivering their final defense against conspiracy and racketeering charges on Thursday, with an attorney telling jurors that ex-traders who cooperated…
‘Misguided’: Here’s How Federal Financial Regs Unleashed Chaos For Traders Using Robinhood
‘Misguided’: Here’s How Federal Financial Regs Unleashed Chaos For Traders Using Robinhood John Hugh DeMastri on July 20, 2022 Over the past year, shares of Berkshire Hathaway have traded at historically high…
Analysis: China’s metals traders offload stockpiles as bleak demand outlook bites
By Min Zhang and Gavin Maguire BEIJING/SINGAPORE – China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world’s top…
Traders can decide if Russian commodities deals are allowed -Swiss
By Michael Shields ZURICH – Trading houses can decide for themselves whether commodity deals with state-controlled Russian companies meet the standard of being “strictly necessary” in order to avoid international sanctions, the…
Analysis: Traders ready for wilder swings as rate rises stoke volatility
By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON/NEW YORK – Traders in the world’s largest markets are having to navigate wild intra-day swings and shrinking deal sizes as central banks rapidly…
Traders see a method to Turkish lira’s recent slide
By Nevzat Devranoglu ANKARA – A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a…
Analysis: Buckle up, say traders as Wall Street’s wild ride shows no sign of end
By Saqib Iqbal Ahmed NEW YORK – A massive two-day swing in U.S. stocks highlights a trend that some market participants believe will be a hallmark for months to come: intense volatility.…
Several European traders have started to pay for Russian gas in roubles – sources
(Reuters) – Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources familiar with the matter told Reuters on…
Traders reroute coffee bound to Russia, demand hit from war seen
By Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a U.S. coffee…
Russia faces rising sugar prices, shortages as traders divert shipments
By Maytaal Angel LONDON – Commodity traders have started diverting sugar shipments away from Russia, according to industry sources and shipping data, a move set to further boost soaring domestic prices and…
Analysis-Retail traders splurge on risky plays, fueling bounce
By Saqib Iqbal Ahmed NEW YORK – Freshly emboldened retail investors have continued piling into risky assets, supporting a bounce that has buoyed everything from so-called meme stocks to cryptocurrencies despite economic…
Russian oil traders switch to private dealings from public tenders
– Russian oil market participants have switched their trading tactics, favouring private deals over public offerings due to new Western sanctions, traders said on Thursday. About a quarter of Russian oil exports,…
Coffee traders scramble to redirect Russia, Ukraine shipments
By Maytaal Angel LONDON – Coffee traders are scrambling to redirect shipments headed for Russia and Ukraine as trade flows to the two countries collapse due to Western sanctions imposed on Moscow…
Traders ramp up bullish bets in U.S. oil options as prices soar
By David Gaffen and Stephanie Kelly – Bulls have surged into the U.S. crude oil options market in recent days as futures touch highs not seen in a decade, betting that crude’s…
Oil could jump back above $100 as traders assess Russia SWIFT ban, analysts say
By Ahmad Ghaddar LONDON – A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a…
Grain exporters tap EU supplies as war shuts Ukraine ports -traders
By Michael Hogan and Gus Trompiz HAMBURG/PARIS – Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania…
Russia’s Urals oil at biggest discount to benchmark for 2 years, traders say
MOSCOW – Russia’s flagship Urals oil grade is trading at the biggest discount to global benchmark Brent since spring 2020, hit by rising tensions between Russia and the West over Ukraine, four…
Analysis-Argentina traders cheer IMF breakthrough, caution long road ahead
By Marc Jones and Walter Bianchi LONDON/BUENOS AIRES – Argentina’s breakthrough agreement with the International Monetary Fund for a $44.5 billion new deal should bolster domestic markets in the weeks ahead, investors…
U.S. appeals court throws out Deutsche Bank traders’ Libor-rigging convictions
By Jonathan Stempel NEW YORK -A U.S. appeals court on Thursday threw out the convictions of two former Deutsche Bank AG traders for rigging Libor, once among the world’s most important financial…
Rate traders see risk of more than four U.S. Fed hikes this year after hawkish Powell
– Hawkish comments from Federal Reserve Chair Jerome Powell on Wednesday have led short-term interest rate traders to begin pricing for the possibility that the U.S. central bank could raise rates more…
Stock traders now follow Nancy Pelosi’s stock trades as her net worth climbs to $114 million
If you’re looking for some inside information on which stocks are about to shoot up in value, why not follow a career politician and her husband who have made millions in the…
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