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Gold Jumps to Record as Traders Ramp Up Bets on Fed Rate Pivot
Bloomberg via Yahoo Finance Canada· 38 minutes ago(Bloomberg) -- Gold hit a record high as hopes for Federal Reserve rate cuts grow and some traders...
Charles Schwab Sinks After Vowing to Shrink Bank Over Time
Bloomberg via Yahoo Finance Canada· 2 hours ago(Bloomberg) -- Charles Schwab Corp. shares suffered their biggest intraday drop since the depths of...
‘We Are Back’: Equity Trading Crushes Estimates for Big US Banks
Bloomberg via Yahoo Finance Canada· 3 hours ago(Bloomberg) -- Equities traders across Wall Street’s biggest banks pulled off a clean sweep of...
Goldman Sachs Joins Post-Earnings Bank Bond Issuance Binge
Bloomberg via Yahoo Finance Canada· 3 hours ago(Bloomberg) -- Goldman Sachs Group Inc. and Wells Fargo & Co. are joining rival JPMorgan Chase & Co....
Gold nears record high as traders ramp up bets on Fed rate pivot
Detroit News· 3 hours 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· 4 hours ago(Bloomberg) -- For months, as copper spiked to record levels and then fell back down again, one key...
Hugo Boss Plunges After Slashing Outlook on China, UK Demand
The Business of Fashion· 5 hours agoIt’s a blow to the brand’s revamp led by CEO Daniel Grieder, and is the first time the company —...
UK Two-Year Bond Yield Falls Below 4% as Market Eyes BOE Cuts
Bloomberg via Yahoo Finance Canada· 5 hours 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· 6 hours agoFamily offices with at least $1 billion in assets are increasingly choosing quantitative trading...
Citigroup Hires Four for Its North America Leveraged-Loans Desk
Bloomberg via Yahoo Finance Canada· 6 hours ago(Bloomberg) -- Citigroup Inc. hired four people to expand its leveraged-credit sales and trading...