Global Markets

Fed Rate-Hike Wagers Put on Back Burner as Blackout Begins

Federal Reserve rate-hike expectations have been aggressively reduced over the past two weeks in the eurodollar futures market, just as policy makers enter their usual silent period before their April 28 decision.

April 19, 2021

Stock Shorts Collapse as No Hedge Fund Wants ‘Head Ripped Off’

Wall Street bears battered by the Reddit crowd earlier this year have yet to regain their gumption, even with stocks at records and valuations near two-decade highs.

April 19, 2021

How Hedge Funds Lost Their Way and Why They’ll Come Back

Stock pickers appear ready to come out of the wilderness.

April 13, 2021

Day Traders Know a Bubble When They See One, and They Want In

It’s a bubble, according to a survey of retail stock investors. And they don’t want to miss it.

April 12, 2021

India Gold Imports Jump to Near Two-Year High as Demand Revives

Gold imports by India surged in March to the highest monthly total in nearly two years as a slump in prices stoked demand for jewelry during the ongoing wedding season.

April 11, 2021

Simple Math Is About to Cause an Inflation Problem

No economic question is being debated more hotly right now than whether the U.S. will see a sharp rise in inflation. But the answer for the next few months is simple: Yes.

April 12, 2021

Investors Add Cash to Short-Dated Bond ETFs

Investors boosted the amount of cash they put in exchange-traded funds tracking ultra-short and short-duration bonds in March.

April 6, 2021

Fed Looks Poised to Step Up Buying in Belly of Treasuries Curve

The Treasury market’s weight has shifted around in the past year, meaning the Federal Reserve’s $80 billion monthly purchases no longer fit the way they’re supposed to.

April 9, 2021

U.S. Stocks Head for Third-Straight Weekly Gain: Markets Wrap

Stocks rose toward another record as investors shrugged off concern over inflation and focused on prospects for an economic rebound. Treasuries fell, while the dollar rose.

April 9, 2021

Powell Vows to Restore ‘Great’ Economy, Plays Down Inflation

Jerome Powell pledged to get the U.S. back to a “great economy” and invoked a homeless encampment in downtown Washington to make the point that the recovery remains incomplete.

April 8, 2020

S&P closes at record on tech boost as U.S. Treasury yields retreat

NEW YORK (Reuters) -The S&P 500 closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks.

April 8, 2021

As meme stock mania fizzles, Wall Street sees ‘big reckoning’

The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books -- plural -- will undoubtedly be dedicated to the topic in years to come.

April 5, 2021

GameStop's Cohen to be chairman; stock rises

GameStop Corp. climbed after saying it intends to elect Ryan Cohen as its next chairman, cementing the activist investor’s influence at the video-game retailer.

April 8, 2021

53% of Canadians on the brink of insolvency: MNP survey

The party is over.

April 8, 2021

Cathie Wood Extends Hot Streak With Space ETF — Update

Cathie Wood's new ARK Space Exploration & Innovation ETF is already on track to be one of the most successful fund launches ever despite criticism that it doesn't necessarily reflect the nascent space-exploration market.

April 7, 2021

China Creates Its Own Digital Currency, a First for Major Economy

A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial system

April 5, 2021

JPMorgan CEO Jamie Dimon says a U.S. economic boom could extend into 2023

JPMorgan Chase & Co chief executive officer Jamie Dimon said on Wednesday the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.

April 7, 2021

Owning Bonds Is ‘Stupid,’ and They’re in a ‘Bubble,’ Says Ray Dalio

Small yields, high prices, and too much supply spell trouble, hedge fund chief warns.

March 17, 2021

Gold Bottom

Enthusiastic gold investors everywhere are wondering…has gold finally bottomed?

April 7, 2021

China Asks Banks to Curtail Credit for Rest of Year

China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the matter.

April 6, 2021