YEMEN’S HOUTHIS SAY THEY TARGETED THREE U.S. WARSHIPS IN THE RED SEA
Month: September 2024
📰 QUANT HEDGE FUNDS TRAPPED IN SHORT SQUEEZE AFTER CHINA GLITCH A number of quantitative hedge funds in China were hit severely on Friday after the nation’s equites staged their best rally in years, according to people familiar with the matter. Some firms suffered heavy losses because they shorted index futures for Direct Market Access strategies. Some saw their losses exacerbated by a Shanghai Stock Exchange glitch that left them unable to sell holdings to meet margin requirements, Bloomberg reported.
QUANT HEDGE FUNDS TRAPPED IN SHORT SQUEEZE AFTER CHINA GLITCH A number of quantitative hedge funds…
📰 S&P 500 AND NASDAQ 100 FUTURES HIT PRE-MARKET HIGHS AFTER U.S. DATA RELEASE
S&P 500 AND NASDAQ 100 FUTURES HIT PRE-MARKET HIGHS AFTER U.S. DATA RELEASE
📰 RATE-FUTURES TRADERS SEE 50 BPS FED RATE CUT IN NOV AS SLIGHTLY MORE LIKELY THAN 25 BPS CUT
RATE-FUTURES TRADERS SEE 50 BPS FED RATE CUT IN NOV AS SLIGHTLY MORE LIKELY THAN 25…
📰 U.S. SHORT-TERM INTEREST-RATE FUTURES RISE AFTER INFLATION DATA, REFLECTING RISING BETS ON FURTHER FED RATE CUTS
U.S. SHORT-TERM INTEREST-RATE FUTURES RISE AFTER INFLATION DATA, REFLECTING RISING BETS ON FURTHER FED RATE CUTS
📰 U.S WHOLESALE INVENTORIES (MOM) (AUG) ACTUAL: 0.2% VS 0.2% PREVIOUS; EST 0.2%
U.S WHOLESALE INVENTORIES (MOM) (AUG) ACTUAL: 0.2% VS 0.2% PREVIOUS; EST 0.2%
📰 U.S PCE PRICE INDEX (MOM) (AUG) ACTUAL: 0.1% VS 0.2% PREVIOUS; EST 0.1% U.S PCE PRICE INDEX (YOY) (AUG) ACTUAL: 2.2% VS 2.5% PREVIOUS; EST 2.3% U.S CORE PCE PRICE INDEX (MOM) (AUG) ACTUAL: 0.1% VS 0.2% PREVIOUS; EST 0.2% U.S CORE PCE PRICE INDEX (YOY) (AUG) ACTUAL: 2.7% VS 2.6% PREVIOUS; EST 2.7%
U.S PCE PRICE INDEX (MOM) (AUG) ACTUAL: 0.1% VS 0.2% PREVIOUS; EST 0.1% U.S PCE PRICE…
📰 $GOOGL – GOOGLE ENGINEERS ARE INVESTIGATING AN ISSUE WITH VMWARE ENGINE – STATUS PAGE
$GOOGL – GOOGLE ENGINEERS ARE INVESTIGATING AN ISSUE WITH VMWARE ENGINE – STATUS PAGE
📰 🔸PCE DATA LIKELY TO LEAVE OPEN FOR HALF-POINT CUT IN NOVEMBER Many forecasters are confident that core PCE inflation will come in below 0.2% month over month when the data are released at 8:30am ET. A modest reading in the 0.1% range would likely keep the 12-month core PCE inflation rate above the Fed’s 2% target–somewhere around 2.3%. But annualized inflation over the last three months would land somewhere around 1.8% to 1.9%, according to JPMorgan economists, which could keep another 50-basis-point rate cut open for the Fed in November. If no surprise comes today, the September jobs report in one week will provide a clearer signal, JPMorgan writes
🔸PCE DATA LIKELY TO LEAVE OPEN FOR HALF-POINT CUT IN NOVEMBER Many forecasters are confident that…
📰 $WMT – A BIG WALMART BULL GROWS MORE BULLISH Walmart bull Citi boosts its target price to $98 from $75, citing increased near- and long-term conviction about shares of the retail behemoth. In a research note, Citi says it believes Walmart has had a strong back-to-school season, and the analysts expect that momentum to last into the crucial holiday season. Longer-term, Citi says it thinks Walmart’s higher-margin growth opportunities will help drive higher sales and EBIT margins and change the way investors think of the retailer. Citi reiterates its buy rating on Walmart shares and says the stock remains its top retail pick. Walmart up 0.5% premarket to $80.30.
$WMT – A BIG WALMART BULL GROWS MORE BULLISH Walmart bull Citi boosts its target price…