Colombia and Brazil Lead Emerging Market Currencies on Fed Bets
Emerging-market assets eked out gains Tuesday, adding to an early May winning streak that has come in spite of a relentless advance by the US dollar.
Emerging-market assets eked out gains Tuesday, adding to an early May winning streak that has come in spite of a relentless advance by the US dollar.
David Einhorn put it bluntly: The valuation-be-damned boom in passive investing has “fundamentally broken” markets as it proceeds to crush the time-honored hunt for cheap-looking stocks across Wall Street — year after year.
Earnings from a string of household names are stoking concern over the resilience of American consumers and stocks tied to their spending, raising the stakes for results from the nation’s largest retailers.
After conquering stocks, electronic market makers are finally gaining ground in fixed income.
As Wall Street braces for the new era of faster settlement times across securities, Citigroup Inc.’s global custody business is leaving nothing to chance after taking measures to avoid failed trades ahead of the end-May deadline.
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