traders
Asian stocks stagger as traders prepare for expected US rate cut
[ad_1] [HONG KONG] Asian equities drifted on Monday (Dec 8) as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the...
Asian markets stumble as traders struggle to hold Fed cut rally
[ad_1] Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks[HONG KONG] Asian markets struggled to maintain their early momentum on Thursday (Dec...
Most Asian markets rise as traders await key US data
[ad_1] Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year[HONG KONG] Markets mostly rose on...
China can still meet US soybean pledge, traders say
[ad_1] [BEIJING] China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tonnes by the end of the year, according to...
Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
[ad_1] [NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.Strategy, the company once hailed for wrapping crypto exposure into a public stock,...
Asian markets mixed as traders eye US data ahead of Fed decision
[ad_1] Among the reports due for release are private jobs creation, services activity and personal consumption expenditure[HONG KONG] Asian equities were mixed on Monday (Dec 1) with investors awaiting the...
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
[ad_1] [SINGAPORE] Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange business in Asia. Nicky Lam, formerly of Nomura in Singapore,...
Markets worldwide are mixed as traders place hopes on a rate cut by the Fed
[ad_1] World shares and U.S. futures were mixed on Monday after Wall Street was buoyed by revived hopes for an interest rate cut by the Federal Reserve.The future for the...
Indian central bank likely intervenes to prop up rupee before local market open, traders say
[ad_1] [MUMBAI] The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track...
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
[ad_1] China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes[BEIJING] China is importing unusually large quantities of crude oil from...