(Bloomberg) — After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff proposals as US president. Most Read from Bloomberg The dollar reversed much of its post-election surge by Thursday’s close, and is edging higher on Friday. Treasury yields have also returned to recent ranges following a two-day whipsaw. Chinese stocks and the yuan, earlier hurt by concerns over higher tariffs, have been swayed more by expectations of further stimulus from Beijing. The moves point to the potential for volatility as investors…
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Gold-ETCs dominieren weiterhin den Handel mit Rohstoffprodukten. Nach dem lange anhaltenden Höhenflug überraschte die Gegenbewegung vergangenen Tage. Beim stark schwankenden Ölpreis kommt es verstärkt zu kurzfristigen Investments. 8. November 2024. FRANKFURT (Börse Frankfurt). Das weltweit in Rohstoff-ETCs angelegte Volumen ist in den vergangenen Wochen erneut gestiegen. Mobeen Tahir von WisdomTree berichtet von weiteren Nettozuflüssen im Oktober. Klar dominiert wurde das Segment dabei von den Edelmetall-Produkten mit einem Anteil von über 80 Prozent, nachdem sich vor allem der Goldpreis erneut sehr robust entwickelt hat. Der Kurs der Feinunze markierte Ende des vergangenen Monats bei knapp unter 2.800 Dollar ein neues Rekordhoch. „Die…
By Alun John and Dhara Ranasinghe LONDON (Reuters) – The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump’s U.S. election win introduced a fresh element of uncertainty given the threat of higher tariffs. Seven of the 10 big developed-market central banks tracked by Reuters are in easing mode, two are keeping rates higher for longer and one, outlier Japan, is hiking. Here’s where major rate-setters stand and what traders expect next. 1/ SWITZERLAND The Swiss National Bank has been at the forefront of rate cuts, lowering borrowing costs three times in 2024 to…
By Enas Alashray and Bart H. Meijer AMSTERDAM (Reuters) -Israeli Prime Minister Benjamin Netanyahu has directed that two rescue planes be sent immediately to Amsterdam following “a very violent incident” targeting Israelis citizens, his office said on Friday, after attacks linked to a football game were reported. Israel’s national security ministry has also urged its citizens in the Dutch city to stay in their hotel rooms following the attacks, the prime minister’s office said in a second statement. “Fans who went to see a football game, encountered anti-Semitism and were attacked with unimaginable cruelty just because of their Jewishness and…
The world’s largest asset manager BlackRock has witnessed over $1 billion in daily inflows into its spot Bitcoin ETF on Nov. 7 for the first time ever. Source link
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier jewellery owner Richemont (SIX:) reported a dip in quarterly sales on Friday, as the luxury goods group largely offset tougher conditions in China with growth elsewhere. The owner of Swiss watchmakers including IWC, Jaeger-LeCoultre and Piaget said sales fell by 1% at constant exchange rates to 4.81 billion euros ($5.19 billion), slightly above analyst consensus forecasts of 4.78 billion euros cited by HSBC. Big sales increases in the Americas, Japan and the Middle East helped offset an 18% drop in the Asia Pacific region in the three months to the end…
By Tom Westbrook and Samuel Shen SINGAPORE (Reuters) – Asia and even China are shaping up as surprisingly resilient investment markets as Donald Trump returns to the White House, with fund managers optimistic the region can withstand tariffs better than Europe. Investors say Asia’s exporters and supply chains have been able to better weather trade tensions, that China is ready to bolster its domestic demand and that India’s rapid growth is attractive. Equity desks in the region’s financial centres reported little panic as voters ushered Trump back into office on a platform of tax cuts and protectionism – a contrast…
Sony’s PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year Thursday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Here’s how the company did in the September quarter, versus LSEG consensus estimates:Revenue: 2.97 trillion Japanese yen ($19.4 billion), versus 3.03 trillion yen expected. That was up 9% and slightly below analyst expectations.Operating profit: 445.1 billion yen ($2.91 billion), versus 336.07 billion yen expected. That’s up 69% year-over-year and beats expectations.The Japanese tech giant revised its fiscal year 2025 revenue target up slightly to 12.7 trillion yen. It previously…
Image source: Getty Images I have a predicament at the moment. My goal is to build a £10,000 annual return for long-term, sustainable passive income but am lacking spare cash to invest. That got me thinking about setting aside a tenner each day for investing. By investing that money into a portfolio of FTSE 100 dividend shares, just how much could I theoretically generate for my retirement plans in a few decades? Being patient Let’s keep my £10 a day plan simple and stick to weekdays. That would give me £50 per week to play with. I will also assume…
By Kevin Buckland TOKYO (Reuters) -Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing’s week-long legislative meeting drawing to a close. Regional equities had started the day by tracking Wall Street’s overnight rise to record highs, with investors digesting the Federal Reserve’s message for careful interest rate cuts even with expectations for big fiscal spending under incoming President Donald Trump. U.S. Treasury yields pushed to new lows in Asian hours, keeping the dollar under pressure after its biggest decline versus major peers in more than…