Hedge funds pile into euro systematic gamma selling – Risk.net End of drawer navigation content Skip to main content Range-bound rates markets in Europe entice hedge funds to sell short-dated straddle positions As a degree of certainty starts to emerge regarding the path of interest rates in Europe, dealers say hedge funds are increasingly willing
Asian markets edged down Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week. While last week’s US inflation report further stoked optimism that the Federal Reserve will cut interest rates at least once this year, traders became more cautious after Monday’s rally.
3M stock just had its best day on record, leaving investors slack-jawed. They aren’t exactly sure why. The answer is surprisingly simple though: It’s growth. 3M stock gained 23% on Friday after reporting better-than-expected second-quarter earnings. It was the best one-day move for the stock on record, according to Dow Jones Market Data. They looked
Ethiopia allowed its currency to trade freely in a bid to attract investors as it awaits a bailout from the International Monetary Fund. The National Bank of Ethiopia permitted banks to buy and sell foreign currency at freely negotiated rates, according to a directive on its website. The central bank will make “only limited interventions
Alphabet on Thursday delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space. Total revenue in the three months ended June 30 rose 13.6% year over year to $84.74 billion, outpacing the $84.19 billion expected, according to estimates compiled by data provider
We’ve seen some wild market action so far in July! First, we had former leaders like “Big Tech” getting sold, while former laggards like small caps were getting bought. Then more recently, almost EVERYTHING got dumped in a broad-based selling wave. What’s behind the moves? And what should investors do now? Top MoneyShow expert contributors
Solar stocks tumbled this week as Donald Trump gains ground in the polls, with the Republican Party rallying around the former president after a shocking assassination attempt on him on July 13. The Democratic Party, meanwhile, is in disarray after President Joe Biden’s weak debate performance against Trump in June. Pressure is growing within the
Traders who are skeptical about bitcoin’s (BTC) recent price rebound may find comfort in the fact that a crypto address, recognized for substantial trading profits, has made a fresh BTC investment this week. The addresses labeled “3QYQ8YthYTaAFJmzUqiis7iRSWG7e5buBN” amassed 245 BTC worth nearly $16 million on Tuesday, taking the tally to 248 BTC, according to data
Angelo Babb, a distinguished expert in financial technology and the crypto ecosystem, today offered a compelling overview of the anticipated trends and developments in the cryptocurrency sector for 2024. With his deep knowledge and extensive experience, Babbs insights are invaluable to those navigating the volatile and ever-evolving cryptocurrency landscape. As cryptocurrencies
The U.S.-listed exchange-traded funds that closely track bitcoin’s (BTC) spot price are back in demand and how. On Tuesday, the 11 funds recorded a cumulative net inflow of $422.5 million, the highest single-day tally since June 5, extending the seven-day winning run, according to data tracked by Farside Investors and Coinglass. BlackRock’s IBIT amassed over