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Gold nears record high as traders ramp up bets on Fed rate pivot
Detroit News· 2 days agoGold edged closer to an all-time high as expectations for Federal Reserve rate cuts grow and some...
Copper Market’s Biggest Whale Fuels Speculation of a Major Shift
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- For months, as copper spiked to record levels and then fell back down again, one key...
Morgan Stanley's investment banking surge solidifies Wall Street dealmaking revival
Yahoo Finance· 2 days agoA 51% jump in Morgan Stanley's investment banking fees reinforced a dealmaking revival across Wall...
Hugo Boss Plunges After Slashing Outlook on China, UK Demand
The Business of Fashion· 2 days agoIt’s a blow to the brand’s revamp led by CEO Daniel Grieder, and is the first time the company —...
Gold Nears Record High as Traders Ramp Up Bets on Fed Rate Pivot
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Gold edged closer to an all-time high as expectations for Federal Reserve rate cuts...
After Wells Fargo Slumped, Watch These Two Stocks
Baystreet· 2 days agoLast Friday, Wells Fargo (WFC), JP Morgan (JPM), and Citigroup (C) posted quarterly results. WFC stock fell the most, which increased the investor’s interest in the other ...
Equity traders fuel US bank profits as stock markets rally
Reuters via Yahoo Finance Canada· 2 days ago(Reuters) -Equity traders rode high in the second quarter, propelling earnings across Wall Street...
Morgan Stanley's wealth business slowdown overshadows profit beat
StreetInsider· 2 days agoThe bank's wealth business had flourished under former CEO James Gorman, generating more stable revenue than more volatile market-sensitive businesses such as investment banking and trading. It aims to manage $10 trillion in client assets.
UK Two-Year Bond Yield Falls Below 4% as Market Eyes BOE Cuts
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- UK government debt rallied, driving the two-year yield below 4% for the first time...
Family Offices Snub Hedge Funds for Quant Bets, Citi Banker Says
Bloomberg· 2 days agoFamily offices with at least $1 billion in assets are increasingly choosing quantitative trading...
