• Nov 17, 2024

Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Holdings in exchange-traded funds backed by gold are taking a beating following Donald Trump’s US election win. The global appetite for more chicken is giving poultry producers a lift. And as the United Nations’ COP29 climate summit enters its second week, European data shows we’re losing the fight to limit global warming.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’

  • Nov 17, 2024

Treasuries See 2024 Gains Dwindle With December Fed Cut at Risk

(Bloomberg) -- A two-month slump has all but wiped out the US Treasury market’s gains for the year, as traders brace for Donald Trump’s return and also the chance of slower interest-rate cuts from the Federal Reserve.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureNYC Congestion Pricing Plan With $9 Toll to Start in JanuaryZimbabwe Cit

  • Nov 17, 2024

Bitcoin Hits An All-Time High, But Nvidia Has Outperformed It Dramatically Over The Last Five Years

Bitcoin might be making headlines for hitting an all-time high after the U.S. presidential election, but an even more impressive success story is unfolding. While the world’s most popular cryptocurrency is nearing the $100,000 milestone, Nvidia (NASDAQ:NVDA) has outperformed Bitcoin significantly over the past five years. Don't Miss: With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years.

  • Nov 17, 2024

Philippines launches interest rate swaps market to boost bond liquidity

The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and liquidity. The start of IRS transactions follows the recognition by the International Swaps and Derivatives Association of the benchmark - the overnight reference rate (ORR) - which the Bankers Association of the Philippines helped establish. IRS, a fixture of developed fixed-income markets, lets parties manage rate risk or bet on the direction of borrowing costs by exchanging fixed and floating interest rate streams.

  • Nov 17, 2024

Asset managers bet grid stocks will soar in Trump’s anti-ESG era

(Bloomberg) -- After watching wind and solar stocks plummet in the hours after Donald Trump’s election victory, asset managers are zeroing in on a corner of the green transition they say will defy the president-elect’s anti-ESG agenda: the grid.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceUnder Trump, Prepare for New US Transportation PrioritiesA Bug’s Eye View of Mexico City’s Modernist