(Bloomberg) — This year’s hottest derivatives trade, and perhaps the most controversial, drew attention one last time for 2023 as market watchers called zero-day options the villains behind Wednesday’s plunge in U.S. stocks that hit the Rally ended. Most read by Bloomberg With the S&P 500 index in overbought territory and turnover limited by looming … [Read more…]
52 minutes ago The producer price index for November will be published on Wednesday November’s producer price index, scheduled to be released Wednesday morning, is expected to show a 0.1% increase, compared with a 0.5% decline a month earlier, according to economists surveyed by Dow Jones. Excluding food and energy, an increase of 0.2% is … [Read more…]
20 minutes ago CPI rises 0.1% month-on-month in November The consumer price index rose 0.1% in November compared to the previous month. Economists polled by Dow Jones expected the CPI to remain flat month-to-month. Year-on-year pressure was 3.1%, in line with expectations. Excluding energy and food, CPI rose 0.3% month-on-month and 4% year-on-year – also … [Read more…]
Israeli regulators are examining a report alleging that investors made millions of dollars by short-selling Israeli stocks days before the Oct. 7 Hamas attack and appeared to have profited from anticipation of the bloody attack, several media outlets reported Tuesday. The unknown traders behind the activity placed bets against the value of a bundle of … [Read more…]
Bitcoin (BTC) held closer to $40,000 on December 3 after weekend gains reinforced a “strong” uptrend. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million hanging on shorts Data from Cointelegraph Markets Pro and TradingView showed a fresh BTC price surge, taking BTC/USD to new 2023 highs of $39,730. These built on the upward momentum … [Read more…]
Pedestrians walk past an electronic board displaying the Nikkei stock average in front of a brokerage firm in Tokyo, Japan, October 31, 2023. Portal/Kim Kyung-Hoon ACQUIRES LICENSE RIGHTS SINGAPORE, Nov 28 (Portal) – Asian shares rose on Tuesday while the dollar hovered near its three-month low, as investors remained confident the Federal Reserve had completed … [Read more…]
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023. Portal/Brendan McDermid ACQUIRES LICENSE RIGHTS Nov 17 (Portal) – The S&P 500 index rose slightly on Friday as investors digested recent gains, while comments from Federal Reserve officials clouded prospects about when the U.S. central … [Read more…]
5 hours ago Hong Kong markets are cooling off after the previous session’s gains Hong Kong’s Hang Seng Index fell 1.81% in Thursday morning trading, shedding more than half of its gains from the previous session. The Hang Seng Tech Index lost 2.34%. Most technology-focused stocks rallied on Wednesday on signs of cooling U.S. inflation, … [Read more…]