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    Inflation worries come back to haunt bond strategists after Trump victory: Reuters poll

    by skolnes November 13, 2024
    November 13, 2024

    By Sarupya Ganguly BENGALURU (Reuters) – Donald Trump’s presidential election win has forced bond strategists to make a material change in their outlook towards higher longer-dated Treasury yields, a Reuters …

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    Dow, S&P 500, Nasdaq poised to drop as inflation worries rise

    by skolnes November 13, 2024
    November 13, 2024

    US stock futures drifted lower on Wednesday ahead of fresh consumer inflation data, as investors weighed whether a Donald Trump White House would whip up price pressures. Dow Jones Industrial …

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    Futures slip as markets await inflation data for clues on Fed’s rate path

    by skolnes November 13, 2024
    November 13, 2024

    (Reuters) – U.S. stock index futures edged lower on Wednesday as an uptick in Treasury yields weighed on rate-sensitive equities ahead of crucial inflation data that will offer more signals …

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    1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst

    by skolnes November 13, 2024
    November 13, 2024

    Beth Kindig, technology analyst at the I/O Fund, thinks Nvidia (NASDAQ: NVDA) will ride the artificial intelligence (AI) boom to a $10 trillion valuation by 2030. Should that forecast prove …

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    BNP lays off a dozen China dealmakers amid fee plunge

    by skolnes November 13, 2024
    November 13, 2024

    HONG KONG (Reuters) – France’s BNP Paribas has cut a dozen jobs in mainland China and Hong Kong, a source with knowledge of the matter told Reuters, the latest among …

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    Bitcoin Rally Cools After Jump of About 30% Since Trump Victory

    by skolnes November 13, 2024
    November 13, 2024

    (Bloomberg) — A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto. Most Read from Bloomberg The digital asset …

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  • Cryptocurrency News

    Rest of World’s Markets Broken By Trump’s America-First Plan

    by skolnes November 13, 2024
    November 13, 2024

    (Bloomberg) — Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of …

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  • Cryptocurrency News

    China Begins to Market Its First Dollar Bonds in Three Years

    by skolnes November 13, 2024
    November 13, 2024

    (Bloomberg) — China is marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021. Most Read from Bloomberg It’s offering the three-year …

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  • Cryptocurrency News

    Stocks slide on unease over jump in bond yields as US inflation eyed

    by skolnes November 13, 2024
    November 13, 2024

    By Kevin Buckland TOKYO (Reuters) – Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that could inform the …

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  • Cryptocurrency News

    China says TSMC chip curbs undermine interests of Taiwan companies

    by skolnes November 13, 2024
    November 13, 2024

    HONG KONG (Reuters) – China’s Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to some Chinese customers …

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