Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders can help traders prepare for the next potential move in the price of an asset. Analysts at crypto data platform Santiment have revealed the accumulation…
UBS Head of APAC Product Mgmt Niall MacLeod, who is the curator overseeing the UBS Asian Investment Conference, discusses key take-aways from the event and client sentiment. He speaks with David Ingles and Annabelle Droulers on “Bloomberg Markets: Asia.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/4Izy2jB
South Africans vote in an election on Wednesday that looks set to reshape a political landscape dominated for three decades by the party that Nelson Mandela led to power. from Bloomberg Politics https://ift.tt/BFE41t5
https://www.wsj.com/articles/pepperand-salt-9dba1f63
With just hours left on the clock, advisers for BHP Group and Anglo American Plc were still struggling to find a breakthrough to salvage BHP’s ambitious $49 billion takeover plan. from Bloomberg Markets https://ift.tt/Cimro4q
Customs agents at US airports have barred entry to at least 20 students and scholars with valid visas since November in ‘more insidious’ version of disbanded China Initiative. from Bloomberg Politics https://ift.tt/cposONF
PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group. https://www.cnbc.com/2024/05/29/temu-parent-pdd-takes-alibaba-spot-as-chinas-most-valuable-e-commerce-firm.html
Goldman Sachs Group Inc. expects the Bank of Thailand to start easing monetary policy in the first-half of 2025 instead of the second-half this year, as the government’s plan to spend more to support economic growth lowers pressure on the central bank to cut rates. from Bloomberg Markets https://ift.tt/tdvCyWS
USD/SGD edged higher, aided by a Fed official’s hawkish remarks overnight which could support an outlook for U.S. rates to remain higher for longer, thereby sustaining the appeal of U.S. fixed-income assets and demand for the greenback. https://www.wsj.com/articles/aud-usd-jittery-over-china-property-rescue-plan-bf5fbe5c
Can Democrat women leave men alone? Isn’t that what we men want really? Just to do our jobs, help when we can, but get out of the way when we’re no longer needed, like an airport wheelchair or an Iranian helicopter. But on “The View” recently, a collection of angry female Dems pounced on a…