Traders
Gold holds ground as traders brace for US inflation data
GOLD prices held steady on Thursday (Jul 11), with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve’s interest rate path.Spot...
China bond traders draw red lines as PBOC gears up to calm rally
BOND traders are getting ready for China to start pushing back on record-low yields, with the central bank now armed with “hundreds of billions” of yuan of securities at...
Cash-rich energy traders are snapping up refineries from Big Oil
COMMODITIES traders flush with cash are buying oil refineries that energy majors are increasingly turning their back on.
It’s one of the areas where trading houses – who have long...
Asia: Yen gains after hitting 38-year low, traders on intervention watch
THE yen edged back slightly on Thursday after hitting a 38-year low against the dollar, putting investors on alert for a possible intervention by Japanese authorities, while investors awaited...
Yen slumps to lowest since 1986, putting traders on red alert
THE yen dropped to its lowest level since 1986 against the US dollar on Wednesday (Jun 26), keeping currency markets alert for any signs of intervention from Japanese authorities...
ExxonMobil’s Belgium traders decline UK transfer, risking jobs
MORE than two dozen of ExxonMobil’s trading staff declined the oil giant’s offer to transfer to London from Belgium, putting their jobs at risk, according to a union official.A...
Asia: Markets swing as traders assess rates outlook
ASIAN markets drifted on Thursday (Jun 20) as investors try to gauge the outlook for US interest rates, while also keeping tabs on developments in France as it heads...
Gold holds ground as traders gauge Fed rate-cut bets
GOLD prices were steady on Wednesday (Jun 19) after softer-than-expected US retail sales data reinforced bets of imminent Federal Reserve rate cuts.Spot gold held its ground at US$2,327.76 per...
