Bloomberg Markets :press: 1 year ago

Norway’s Wealth Fund Opposes Exxon Director Over Climate Lawsuit Norway’s $1.6 trillion wealth fund said it will vote next week against the election of Exxon Mobil Corp Director Joseph Hooley after the oil and gas giant filed a lawsuit against climate-focused shareholders. #press https://www.bloomberg.com/news/articles/2024-05-24/norway-s-wealth-fund-opposes-exxon-director-over-climate-lawsuit?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

State Street: Don't Expect a Fed Cut Sooner than September The market is it's own worst enemy argues Macro Multi-Asset Strategist Cayla Seder of State Street. Expectations of a Fed rate cut in September or sooner should be put on ice until the path to 2% inflation looks clearer than today's sticky data, she says in an interview on Bloomberg Brief. (Source:... #press https://www.bloomberg.com/news/videos/2024-05-24/state-street-don-t-expect-a-fed-cut-before-september-video?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Ghana Closer to $360 Million From IMF After Draft Creditor Deal Ghana received a draft agreement to restructure debts with its official creditors that will unlock a $360 million disbursement from the International Monetary Fund. #press https://www.bloomberg.com/news/articles/2024-05-24/ghana-to-win-bilateral-debt-pact-unlocking-360-million-from-imf?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Thames Water Lender to Offload £500 Million of Loans Amid Election Limbo A lender to beleaguered utility Thames Water is looking to sell about £500 million ($635.5 million) of the company’s loans, according to people with knowledge of the matter. #press https://www.bloomberg.com/news/articles/2024-05-24/thames-lender-to-offload-500-million-of-loans-amid-vote-limbo?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Booming Hedge-Fund Options Trade Risks Getting Crushed by Crowds A once-niche stock trade beloved by hedge funds and volatility players has ballooned into one of the biggest options strategies on Wall Street, stirring fears it will get crushed by its own popularity. #press https://www.bloomberg.com/news/articles/2024-05-24/booming-hedge-fund-options-trade-risks-getting-crushed-by-crowds?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Foreign Investment in China Drops for Fourth Month in April Foreign investment into China slowed for a fourth straight month in April, underscoring Beijing’s struggle to attract more overseas funds to boost its flagging economic growth. #press https://www.bloomberg.com/news/articles/2024-05-24/foreign-investment-in-china-drops-for-fourth-month-in-april?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Five Things You Need to Know to Start Your Day: Americas Good morning. Stocks wilt on bets the Fed might have to keep rates on hold for longer, while a policy maker questions if the central bank’s main tool has become less effective. Here’s what’s moving markets. — David Goodman #press https://www.bloomberg.com/news/newsletters/2024-05-24/five-things-you-need-to-know-to-start-your-day-americas?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

ECB’s Nagel Says Likelihood of June Cut Is Winning Traction The European Central Bank is on track to lower borrowing costs at its next meeting, according to Bundesbank President Joachim Nagel. #press https://www.bloomberg.com/news/articles/2024-05-24/ecb-s-nagel-says-likelihood-of-june-cut-is-winning-traction?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Wickhams Hill: Short on Lifestyle Communities Lloyd Moffatt, founding partner at Wickhams Hill, discusses why he is short on Lifestyle Communities and the investment opportunities in the region. He speaks on "Daybreak Australia," after the Sohn Hong Kong Investment Leaders Conference. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2024-05-24/wickhams-hill-short-on-lifestyle-communities-video?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Real Estate Supply-Demand Imbalance Is 'Buying Opportunity': Tikehau Capital The Co-Founder of alternative asset management company, Tikehau Capital says a supply-demand imbalance in some illiquid assets, including real estate, is creating "buying opportunities". Mathieu Chabran discussed the firm's investment outlook with Bloomberg's Francine Lacqua. (Source:... #press https://www.bloomberg.com/news/videos/2024-05-24/tikehau-capital-s-chabran-on-real-estate-market-video?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Carry Trade Is All the Rage Across Global Bond and FX Markets Exploiting differences in interest rates is set to become one of the most popular investment strategies in coming months as markets bet shallower cuts will keep volatility subdued. #press https://www.bloomberg.com/news/articles/2024-05-24/carry-trade-is-all-the-rage-across-global-bond-and-fx-markets?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Hong Kong Home Prices Drop to Erase Gains After Property Tax Cut Hong Kong’s secondhand residential prices fell for the fourth week to the lowest in more than two months, erasing the gains in values after the government removed property curbs in February. #press https://www.bloomberg.com/news/articles/2024-05-24/hong-kong-home-prices-drop-to-erase-gains-after-property-tax-cut?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

France Calls for Shared G-7 Assesment of China Overcapacities French Finance Minister Bruno Le Maire said the Group of Seven needs to establish a fair and in-depth assessment of excess Chinese industrial exports and the tools countries can use to address it. #press https://www.bloomberg.com/news/articles/2024-05-24/france-calls-for-shared-g-7-assesment-of-china-overcapacities?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Jailed Russian Tycoon Wins UK Ruling to Block $7.5 Billion Payout A jailed Russian tycoon won a UK court ruling blocking a sanctioned Russian entity from getting $7.5 billion in a suit linked to control of a strategically crucial port in the Black Sea. #press https://www.bloomberg.com/news/articles/2024-05-24/russian-tycoon-magomedov-wins-uk-ruling-to-block-7-5-billion-payout?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

America Has a Retirement Problem, Ghilarducci Says Labor economist Teresa Ghilarducci talks about the problem with America's retirement system. She speaks to Bloomberg's Sonali Basak in a wide ranging interview about the shortcomings and what needs to change. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2024-05-24/america-has-a-retirement-problem-ghilarducci-says?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

War Dealing Severe Blow to Palestinian Economy, World Bank Says The Palestinian economy is suffering a “severe blow” as a result of the war in Gaza, facing a widening financing gap alongside deteriorating growth and dire job losses, according to estimates by the World Bank. #press https://www.bloomberg.com/news/articles/2024-05-24/war-dealing-severe-blow-to-palestinian-economy-world-bank-says?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

SNB Doesn’t Have to Follow Peers on Transparency, Jordan Says The Swiss National Bank should stick with its approach of not publishing minutes of policymakers’ discussions, according to President Thomas Jordan. #press https://www.bloomberg.com/news/articles/2024-05-24/snb-doesn-t-have-to-follow-peers-on-transparency-jordan-says?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

London Exchange Loses Half of ETF Team Ahead of Crypto Launch London Stock Exchange Group Plc has lost half of its four-person team overseeing exchange-traded funds, just as it prepares to list its first products tied to cryptocurrencies. #press https://www.bloomberg.com/news/articles/2024-05-24/london-exchange-loses-half-of-etf-team-ahead-of-crypto-launch?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

Stock Traders Prepare Game Plan for Biggest Shakeup Since Brexit The earlier-than-expected UK election is prompting traders to prepare for the country’s biggest political shakeup since Brexit, despite the mostly muted market reaction since the announcement was made. #press https://www.bloomberg.com/news/articles/2024-05-24/uk-election-stock-traders-prepare-game-plan-for-biggest-shakeup-since-brexit?utm_source=press.coop

Bloomberg Markets :press: 1 year ago

America's $38 Trillion Retirement Problem Labor economist Teresa Ghilarducci says the government needs to help workers more when it comes to retirement planning. She speaks to Bloomberg's Sonali Basak. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2024-05-24/america-s-38-trillion-retirement-problem-video?utm_source=press.coop