Stocks

Bloomberg Some investors may have been taking advantage of the sell-off in Asian stocks to position for a rebound. While the iShares China Large-Cap ETF tumbled the most in two years on news that the coronavirus out of China has spread, Susquehanna Financial Group spotted buyers of bullish options. Four of the five most-traded contracts on US-listed exchange-traded fund were ...

Bloomberg US equity futures slipped on Tuesday, pointing to declines after the long weekend as investors grapple with worries about a deadly virus in China that sparked earlier declines across Asia and Europe. Treasuries rose. Contracts for all three of the main gauges were firmly in the red after a miserable session in Asia triggered by the outbreak of the ...

Bloomberg A deadly virus in China. A rating downgrade from Moody’s Investors Service. Violent clashes over the weekend. Welcome to Hong Kong, where reasons to sell stocks are mounting ahead of the Lunar New Year holiday. The Hang Seng China Enterprises Index fell 3.2%, the most since October 2018, while the MSCI Hong Kong Index dropped 2.7%, hitting its 200-day ...

Bloomberg European stocks and US equity futures trimmed most of an earlier decline on Monday as investors awaited a fresh batch of corporate earnings and some key central bank meetings this week. Crude oil rose following supply disruptions in Libya and Iraq. Activity was muted across most major markets because of a US holiday. The Stoxx Europe 600 Index traded ...

Bloomberg The Thai baht was Asia’s best-performing currency by a country mile last year. This year’s winner looks to have been already decided: the Indonesian rupiah. The currency of Southeast Asia’s most populous nation has rallied for seven straight weeks as the bumper yields offered by the nation’s government bonds enticed carry traders and the central bank said it would ...

Bloomberg Stack up US equities next to almost anything that is used to measure value right now, and the picture can elicit anxiety. Up 13 of the past 15 weeks, the S&P 500 is trading at historically high levels versus earnings, expected profits and sales. Does that mean there’s no way to justify putting more money into a market where ...

Bloomberg Stocks may be grabbing most of the headlines, but equities aren’t the only asset class in uncharted territory. Global currency volatility has dropped to the lowest level ever recorded. After the US and China put pen to paper on a trade deal that reaffirmed an agreement not to devalue their currencies, the JPMorgan Global FX Volatility Index is trading ...

Bloomberg Traditional hedge funds, pensions and endowments are boosting cryptocurrency holdings, according to the biggest Bitcoin trust provider. Grayscale Investments, which lets accredited investors own Bitcoin and other coins via its funds, said it took in $608 million last year, surpassing the total amount raised the previous six years. The majority of the inflows — about 71% — came from ...

Bloomberg US stocks rose to all-time highs as America and China prepared to sign their initial trade accord. The dollar weakened against most major peers and Treasuries gained. The benchmark S&P 500 set an intraday record for the sixth consecutive trading session, largely ignoring disappointing quarterly results from Goldman Sachs Group Inc and Bank of America Corp. Healthcare and utilities ...

Bloomberg The pound slid and gilts rallied after inflation data backed up Bank of England (BOE) policy maker Michael Saunders’ call for urgent stimulus to boost the UK economy. Sterling dipped below $1.30 and 10-year government bond yields dropped to the lowest in seven weeks the data fuelled bets that the central bank will lower interest rates this year. Money ...