LONDON (Reuters) – G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to better balance investment portfolios during stressful times. Corporate and Chinese government debt... More »
LONDON (Reuters) – The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as the world’s preferred currency, by exposing euro zone frailties and cementing the U.S. Fed’s role as global lender of last reso... More »
NEW YORK (Reuters) – Investors are betting on stocks to remain volatile well into the year, suggesting that many expect the long-term economic and public health impact of the pandemic caused by the novel coronavirus to continue roiling markets despite a recent... More »
LONDON (Reuters) – Dollar borrowing costs in the foreign exchange swap markets retreated further on Monday, with swap rates against the euro and pound falling to their lowest levels in more than a decade. These moves indicate recent emergency actions by global... More »
NEW YORK (Reuters) – Monday’s slide in U.S. stocks prompted at least one large investors to load up big on stock options that would guard against a sharper hit to stocks into the start of next year. Shortly after the market opened on Monday, an investor paid a... More »
NEW YORK (Reuters) – Citadel’s commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world’s largest hedge funds. Citadel, which manages m... More »
NEW YORK/LONDON/SINGAPORE (Reuters) – Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers that prices could rocket past $80 and even hit $90 a barrel t... More »
(Reuters) – Speculators’ net bearish bets on U.S. 10-year Treasury note futures climbed to a record high earlier this week when the 10-year yield rose to 3 percent for the first time in over four years, according to U.S. Commodity Futures Trading Commission da... More »
NEW YORK (Reuters) – A U.S. appeals court on Thursday revived a lawsuit by five Korean traders accusing the New York high-frequency trading firm Tower Research Capital LLC and its founder Mark Gorton of conducting illegal “spoofing” trades at their expense. Th... More »
NEW YORK (Reuters) – A company behind U.S.-based funds tied to Wall Street’s “fear gauge” is making changes to its investment strategy after a sudden market plunge this month routed traders betting on the complex instrument. Investors’ once-profitable wagers o... More »
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 16, 2018. REUTERS/Lucas Jackson NEW YORK (Reuters) – U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, ... More »
NEW YORK (Reuters) – An investor on Friday filed a lawsuit against managers of a U.S. mutual fund that relied heavily on a strategy that profits from calm markets but lost four-fifths of its value in turmoil this week. In a complaint seeking class-action statu... More »
A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder/File Photo BOSTON/NEW YORK (Reuters) – Fidelity Investments on Friday told clients they could not buy shares in an exchange-traded fund that bets... More »
NEW YORK (Reuters) – A U.S. mutual fund that relied heavily on a strategy that profits from calm markets has shut its doors to new investment after losing more than four-fifths of its value in recent market turmoil, filings showed on Thursday. The once-$800 mi... More »
FILE PHOTO: Workers hired by U.S. oil and gas company Apache Corp drill a horizontal well in the Wolfcamp Shale in west Texas Permian Basin near the town of Mertzon, Texas, U.S., October 29, 2013. REUTERS/Terry Wade/File Photo NEW YORK (Reuters) – Surging shal... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 26, 2018. REUTERS/Brendan McDermid NEW YORK (Reuters) – A rising U.S. stock market normally reduces fear among investors, but the blistering pace of the current rally ha... More »
A proposal by the U.S. Senate to change the way shares in startup companies are taxed incited panic and dread in Silicon Valley on Monday, with startup founders and investors warning of nothing less than the demise of their industry should the proposal become ... More »
Bayliss and Ross Kerber More »
Investors have been piling into currency-hedged equity tracker funds, seeking protection against big moves in foreign exchange rates. More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 28, 2017. Lack of volatility in financial markets that has hit ‘macro’ hedge funds in the first half of the year has not stopped some investors ... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2017. REUTERS/Brendan McDermid U.S. interest rate futures ended higher on Wednesday as traders scaled back bets on two more rate increases by the end of 2017 following t... More »
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Hedge funds and money managers cut bullish bets on U.S. crude for the third straight week, as the oil market remained volatile over concerns about r... More »
Traders look up at a screen that displays trading information for Snap Inc. on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2017. REUTERS/Brendan McDermid The dramatic fall in Snap Inc (SNAP.N) shares on Thursday following the com... More »
FILE PHOTO: The logo of messaging app Snapchat is seen at a booth at TechFair LA, a technology job fair, in Los Angeles, California, U.S., January 26, 2017. REUTERS/Lucy Nicholson Snap Inc (SNAP.N) has many similarities with archrivals Facebook Inc (FB.O) and ... More »
A view of the exterior of the Nasdaq market site in Times Square after the Nasdaq breached the 6,000 mark for the first time ever on Tuesday, in New York City, NY, U.S. April 25, 2017. REUTERS/Shannon Stapleton Short interest on the Nasdaq rose 0.5 percent in ... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 20, 2017. REUTERS/Brendan McDermid U.S. stocks have struggled since the timeline for the Trump administration’s pro-growth agenda came into question, but investors appear ... More »
FILE PHOTO – A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford/File Photo Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buye... More »
NYSE Arca said on Tuesday that all systems were functioning normally after a technical issue in the prior session prevented some symbols from completing a closing auction. More »
Speculators dialed back their net bearish bets on Eurodollar futures from record highs after the Federal Reserve as expected raised interest rates last week, according to Commodity Futures Trading Commission data released on Friday. More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2016. REUTERS/Brendan McDermid With a week to go to the U.S. presidential election and some polls showing a tightening race, political risk is suddenly back on ... More »
Republican U.S. presidential nominee Donald Trump holds a campaign rally in Naples, Florida, U.S. October 23, 2016. REUTERS/Jonathan Ernst Prospects that the presidential election will inject a hefty dose of volatility into U.S. stock markets are fading fast a... More »
NEW YORK U.S. interest rates futures fell on Friday but traders still saw less than a 50 percent probability the Federal Reserve would raise interest policy rates by year-end amid concerns about the global economy and possible stimuli from overseas central ban... More »
LONDON As hedge fund manager Buford Scott sat at home, watching the TV in shock as it emerged Britain had voted to leave the European Union, his computer-based trading models were quietly boosting his business by 1.5 percent. Scott’s algorithm-driven fund, and... More »
LONDON Two of the three types of hedge funds which bet heavily on a sharp devaluation of China’s yuan last year have backed off the trade, leaving only some ultra-bearish “Black Swan” investors holding long-term bets, fund managers and bankers said. Hedge fund... More »
NEW YORK The financial sector is expected to be a bright spot for U.S. earnings growth in the third quarter, but options traders are playing it safe by snapping up protection against any surprises. Market volatility tends to rise during earnings season, and wi... More »
NEW YORK Traders priced in a more than 1-in-2 chance the U.S. Federal Reserve would raise interest rates in October after Atlanta Federal Reserve President Dennis Lockhart suggested the Fed could consider such a move. In over-the-counter trading, overnight ind... More »
