Trading Ideas

British police shot and killed a man who had been recently released from prison after he stabbed two people. It was the second time in a few months that a person convicted of terrorism-related charges attacked people in London after being released. Photo: Ray Tang/Zuma Press …read more […]

Feb.03 — Anagha Deodhar, economist at ICICI Securities, talks about India’s budget and the economy. Prime Minister Narendra Modi’s second budget in seven months — delivered by Finance Minister Nirmala Sitharaman on Saturday — proposed tax cuts for individuals and wider deficit targets, but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and create jobs. Deodhar speaks with Haslinda Amin and Shery Ahn on “Bloomberg Markets: Asia.” …read more […]

Feb.02 — China reports 2,829 additional coronavirus cases by end of Feb. 2, bringing the total case count to 17,205, according to a statement from the Ministry of Health. The total number of deaths increased by 57 to 361. Meanwhile, the central bank reduced rates as it injected cash into the financial system Monday, with the central bank seeking to ensure ample liquidity as markets plunge. Selina Wang speaks with Haslinda Amin on “Bloomberg Markets.” …read more […]

Feb.02 — Paul Sandhu, head of multi assets, quant and client advisory at BNP Paribas Asset Management, discusses the weakness in the Chinese markets from the coronavirus and where he sees them heading. He speaks on “Bloomberg Markets.” …read more […]

Feb.02 — Hao Hong, head of research and chief strategist at Bocom International, discusses the plunge in Chinese stocks and the outlook for the yuan. Stocks plummeted by the most since an equity bubble burst in 2015 as they resumed trading to the worsening virus outbreak. Hong speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Markets: China Open.” …read more […]

SHANGHAI/SINGAPORE, Feb 3 (Reuters) – Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China. The plunge wiped almost $370 billion in market capitalisation from the benchmark Shanghai Composite index , which opened nearly 9% lower. The total number of deaths in China rose to 361 as of Sunday, and the number of infections to 17,205. …read more […]

Feb.02 — Richard Harris, chief executive officer at Port Shelter Investment Management, discusses how the coronavirus outbreak is affecting economies, businesses and markets. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Markets: China Open.” …read more […]

(Bloomberg) — China reduced rates as it injected cash into the financial system Monday, with the central bank seeking to ensure ample liquidity as markets plunge. It cut borrowing costs on the funds by 10 basis points.The People’s Bank of China added 900 billion yuan ($129 billion) of funds with seven-day reverse repurchase agreements at 2.4%, according to a statement. It also injected 300 billion yuan with 14-day contracts at 2.55%. While the total is the largest single-day addition of its kind in data going back to 2004, it implies a net injection of just 150 billion yuan as more …read more […]

Feb.02 — Tuuli McCully, head of Asia Pacific economics at Scotiabank, discusses India’s budget and her outlook for the economy. She speaks with Shery Ahn and Haidi Stroud-Watts and on “Bloomberg Markets.” …read more […]

(Bloomberg) — Chinese stocks plummeted by the most since an equity bubble burst in 2015 as they resumed trading to the worsening virus outbreak.The CSI 300 Index dropped 9.1% as onshore financial markets opened for the first time since Jan. 23. China’s benchmark iron ore contract fell by its daily limit of 8%, while copper, crude and palm oil also sank by the maximum allowed. The People’s Bank of China set the yuan fixing at 6.9249 per dollar, stronger than the average estimate of traders surveyed by Bloomberg.Regulators have in the past days unleashed targeted measures to help blunt the …read more […]

(Bloomberg) — Chinese commodity markets collapsed on the first day of trading after the Lunar New Year holidays as investors returned to markets gripped by fear over the impact the coronavirus will have on demand in the world’s biggest consumer of raw materials.The country’s three major commodity exchanges were hit by a wave of selling as they reopened at 9 a.m. local time as Chinese traders had their first opportunity to catch up with losses inflicted on overseas markets while they had been on holiday. China’s benchmark iron ore contract fell by its daily limit of 8%, while copper, crude …read more […]

Feb.02 — Karen Jorritsma, head of Australian equities at RBC Capital Markets, talks about earnings and stocks. She speaks with Paul Allen and Taylor Riggs on “Bloomberg Markets.” …read more […]

Feb.02 — Jeanne Zaino, a political science professor at Iona College, and Rick Davis, who ran the presidential campaign of John McCain, preview Iowa caucuses, the Democratic candidates’ first presidential nominating contest. The Bloomberg contributors speak with David Westin on “Bloomberg Markets.” …read more […]

Feb.02 — Jeanne Zaino, a political science professor at Iona College, and Rick Davis, who ran the presidential campaign of John McCain, preview Iowa caucuses, the Democratic candidates’ first presidential nominating contest. The Bloomberg contributors speak with David Westin on “Bloomberg Markets.” …read more […]

Feb.02 — Bob Baur, chief global economist at Principal Global Investors, discusses how the coronavirus outbreak is affecting the U.S. economy. He speaks with Paul Allen and Taylor Riggs on “Bloomberg Markets.” …read more […]