Chinese Stocks Stabilize After Longest Losing Streak Since 2015
Chinese Stocks Stabilize After Longest Losing Streak Since 2015
Chinese stocks stabilized after a five-day losing streak for the benchmark Shanghai gauge as small-cap shares rebounded and the central bank added funds to the banking system.
Bloomberg
Bloomberg
Trump Era, Brexit May Spur Year of Greater Currency Volatility
Trump Era, Brexit May Spur Year of Greater Currency Volatility
Donald Trump is making volatility great again. If the reaction to the U.S. President-elect’s first press conference is anything to go by, we are in for big swings in currency markets this year.
Bloomberg
Bloomberg
Volatile Pound Stokes Life Into Emerging-Market Carry Trades
Volatile Pound Stokes Life Into Emerging-Market Carry Trades
There’s life in the great emerging-market carry trade yet, although now it comes with a twist.
Bloomberg
Bloomberg
Hedge Fund Winning on Yuan Says Next China Short Is Stocks
When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers against Chinese stocks.
Bloomberg
Bloomberg
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Hedge Fund Shift From Reviled 2-and-20 Fees Spreads to Asia
The hedge fund industry’s shift away from the much-maligned 2-and-20 fee model is gathering steam in Asia.
Bloomberg
Bloomberg
Goldman, Citi Beat Estimates as Trading Buoys Wall Street
Goldman Sachs Group Inc. and Citigroup Inc. both reported fourth-quarter profit that surpassed analysts’ estimates as a bond-trading revival spurred by Donald Trump’s surprise victory lifted earnings across Wall Street.
Bloomberg
Bloomberg