• Mar 20, 2025

UK Carbon Futures Jump on Talk About Link With EU Market

(Bloomberg) -- UK carbon jumped to the highest level since June after a minister said that the UK is discussing linking its carbon market to the larger trading system in the European Union.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Witho

  • Mar 20, 2025

Analysis-Hedge fund dominance latest risk for febrile UK debt markets

LONDON (Reuters) -Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing the potential for instability in the gilts market, a benchmark for borrowing costs in Britain including mortgages, investors and hedge fund sources say. Bank of England chief Andrew Bailey said in February that non-bank institutions like hedge funds "can propagate liquidity stress in core UK financial markets, notably the gilt market". That is partly due to their activity in short-term lending markets, which more than a dozen sources - including portfolio managers, hedge fund executives and a former central banker - described to Reuters.

  • Mar 20, 2025

Prabowo Faces Investor Revolt Over Indonesia’s Economic Path

(Bloomberg) -- For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding Pullbac

  • Mar 20, 2025

China Picks Banks for Green Bond Sale Seen Boosting ESG Market

(Bloomberg) -- China’s government has mandated banks as it seeks to raise as much as 6 billion yuan ($830 million) from an inaugural sale of green bonds in London.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsA fixed in

  • Mar 20, 2025

Wall St follows European stocks lower, dollar rises on tariff uncertainties

NEW YORK (Reuters) -U.S. stocks followed their European counterparts lower and the dollar strengthened on Friday with few catalysts to stoke investor risk appetite amid lingering economic uncertainties and churning geopolitical tension. Chicago Federal Reserve President Austan Goolsbee said on Friday that it was an open question whether U.S. President Trump's whirlwind tariff actions would lead to persistent inflation and the Fed needed more time to "sort through" the manner in which the tariffs played out. A spate of central bank policy meetings held investors' focus for much of the week, with the U.S. Federal Reserve, the Bank of Japan and the Bank of England all holding rates steady.