Category: Bets
-
India asks banks to stop making large bets against rupee, sources say By Reuters
•
Written by Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – India’s central bank has asked government and private lenders to refrain from betting heavily against the rupee in a bid to support the currency that has been hovering near record lows over the past three trading sessions, four sources said.…
-
Asia FX weak, dollar strong amid bets on smaller US interest rate cut By Investing.com
•
Investing.com — Most Asian currencies fell on Monday with the Japanese yen taking sharp losses, while the dollar stabilized from a recent rebound as strong jobs data sparked bets on smaller interest rate cuts. Regional trading volumes were affected by the holiday in China, and markets are scheduled to open…
-
Chinese Stocks Soar More Than 8% in Hong Kong on Stimulus Bets
•
(Bloomberg) — Chinese stocks listed in Hong Kong jumped the most in nearly two years, adding to stimulus-induced euphoria as traders returned from a public holiday. Most read from Bloomberg The Hang Seng China Enterprises Index rose as much as 8.5%, extending its winning streak to 13 straight days. Real…
-
Dollar sturdy after Powell pushes back on aggressive easing bets By Reuters
•
Written by Kevin Buckland and Brigid Riley TOKYO (Reuters) – The U.S. dollar rose against its major counterparts on Tuesday after Federal Reserve Chairman Jerome Powell backed off bets on further deep interest rate cuts. The yen stabilized near the middle of its range against the dollar over the past…
-
Euro drops as glum PMI readings stoke bets on more ECB easing By Reuters
•
By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell against the dollar on Monday after business activity readings showed a bleak picture for the euro zone economy, boosting bets for more interest rate cuts by the European Central Bank this year. The single currency fell 0.4 percent…
-
Euro drops as glum PMI readings stoke bets on more ECB easing By Reuters
•
By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell against the dollar on Monday after business activity readings showed a bleak picture for the euro zone economy, boosting bets for more interest rate cuts by the European Central Bank this year. The single currency fell 0.4 percent…
-
Bullish bets steady on Asian currencies as Fed easing bets soften dollar, Reuters poll shows By Reuters
•
Written by Sameer Manikkar Analysts remained bullish on most Asian currencies, although some pared bets slightly, as a defensive U.S. dollar driven by a dovish Federal Reserve boosted the appeal of risk-sensitive assets, a Reuters poll showed on Thursday. Long bets were highest on the Malaysian ringgit and the Thai…
-
Asia FX firms, yen strong as dollar retreats on bets of bigger rate cut By Investing.com
•
Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to holidays in markets in China and South Korea. Anticipation…
-
Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters
•
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) – The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later this week. The dollar fell to a…
-
Asian Stocks Swing as China Data Offset Fed Bets: Markets Wrap
•
Breadcrumbs Path Links PMN Business Asian stocks moved between losses and gains on Monday, as expectations of a rate cut by the US Federal Reserve receded due to signs of continued stagnation in the Chinese economy. Article author: Bloomberg News Catherine Bosley Published on September 15, 2024 • Last updated…
-
Wall Street advances as traders’ bets rise for bigger Fed rate cut By Reuters
•
By Sinead Carew and Shashwat Chauhan (Reuters) – Wall Street’s main indexes ended higher on Friday as investors focused on the chance of further interest rate cuts by the Federal Reserve next week, with interest-rate-sensitive small-cap stocks outperforming. Bets on the size of the Fed rate cut were mixed, and…
-
Stock Rotation Is Back on Bets Fed Will ‘Go Big’: Markets Wrap
•
(Bloomberg) — Wall Street traders renewed expectations for a half-percentage-point interest-rate cut by the Federal Reserve next week, spurring trading in stocks that would benefit most from policy easing. Most Read from Bloomberg Economically sensitive stocks outperformed the tech giants that led the bull market rally, with the Russell 2000…
-
Asia FX firms with yen near 8-mth high; dollar down on rate cut bets By Investing.com
•
Asian currencies rose on Friday, while the dollar fell as markets bet the Federal Reserve will begin an easing cycle starting next week, with the focus squarely on the scope of a potential interest rate cut. The Japanese yen was the best performer among its Asian counterparts, approaching its strongest…
-
Asia FX muted, dollar strong as sticky CPI fuels bets on smaller rate cut By Investing.com
•
Most Asian currencies moved in a flat-to-low range on Thursday, while the dollar strengthened after a strong reading on U.S. consumer inflation dashed hopes that the Federal Reserve would cut interest rates by a large margin. Weak inflation data from Japan weighed on the yen, pushing the currency back from…
-
Polymarket user bets $1.2m on Harris to win presidential election
•
A user on prediction platform Polymarket has bet $1.2 million on the outcome of the US presidential election. The user, known by the wallet address “Paragon,” received funds belonging to cryptocurrency exchange QCP Capital, According to To Arkham data. The bet was split between two main positions: more than $600,000…
-
Asia FX firms, yen strong as rate cut bets put dollar at 13-mth low By Investing.com
•
Most Asian currencies rose on Monday, with the Japanese yen rising sharply amid growing bets that the Federal Reserve will cut interest rates in September, putting the dollar at a 13-month low. Most regional currencies extended their gains from last week, especially after comments from Federal Reserve Chairman Jerome Powell…
-
Asia FX steady as yen rally cools, dollar at 7-mth low amid rate cut bets By Investing.com
•
Most Asian currencies were steady on Wednesday with the Japanese yen slightly weaker after a strong rally earlier this week, while continued bets on a U.S. interest rate cut saw the dollar fall to seven-month lows. The strength in the yen pointed to a sustained decline in the carry trade…
-
Asia FX firms as rate cut bets pressure dollar; Japanese yen lags By Investing.com
•
Most Asian currencies rose on Friday as continued bets on a U.S. interest rate cut put the dollar on track for a fourth straight week in the red, while the Japanese yen fell further amid improved risk sentiment. While the dollar rose from its lowest in nearly seven months on…
-
Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin
•
Arthur Hayes, a well-known cryptocurrency investor and former CEO of BitMEX, reportedly made a large purchase of the little-known altcoin Aethir (ATH), worth 11.4 million tokens, for an approximate value of $779,000. The transaction was identified as Reported By on-chain data analytics firm Lookonchain. According to the company, the purchase…