The brokerage lowered U.S. equities to "neutral" and raised rating on European stocks, excluding UK stocks to "overweight" from "underweight." The Trump administration's massive moves on trade and other policies have injected uncertainty, while a proposed $1.2 trillion European fiscal bazooka and the emergence of China as the tech race leader are marking a potential turning point for investor capital away from the United States. "It is important to stress that we are not turning negative on US equities - but tactically, we see better opportunities elsewhere for now," said HSBC's Global Equity Strategist Alastair Pinder said.
Singapore Exchange to roll out open-ended bitcoin futures listing, Bloomberg reports
The Singapore Exchange plans to list bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors, Bloomberg News reported on Monday. The firm thinks its offering will "significantly expand institutional market access", a spokesperson for firm told Bloomberg. Retail customers would be barred from trading the instruments, the report said.
Deja Vu Grips Crypto Market as BTC Mirrors Price Action Seen After U.S. Bitcoin ETF Launch: Van Straten
Is history repeating itself with another sell-the-news event from a major U.S. event?
Emerging Markets Decline Amid China Deflation, US Growth Worries
(Bloomberg) -- Emerging-market stocks declined for a second day and currencies halted a four-day rally as concerns grew that China’s deflation is spreading to its consumer economy and Donald Trump’s tariffs threaten US growth.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s B
Inflation sticker shock is making Gen Z ditch doom spending and revenge travel once and for all
Americans are cutting back on spending due to inflation, but experts say it could boost their money management.
Singapore Exchange Plans to Launch Bitcoin Perpetual Futures in 2025
SGX targets institutional investors with a regulated alternative to crypto derivatives.
Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street's main indexes on Monday, falling over 3% to a near six-month low, on fears that a tit-for-tat tariff war could spark an economic slowdown. The Nasdaq has fallen more than 10% from its December high, and confirmed a correction on Thursday. The CBOE Volatility index, also known as Wall Street's fear gauge, jumped more than 3 points to 26, highest since December 18.
Analysis-German spending boost to leave lasting impact on world bond markets
A sea change in German fiscal policy is rapidly transforming global bond markets as it is expected to increase the pool of top-rated, safe-haven debt and propel Germany into a new era of structurally higher government bond yields. The parties hoping to form Germany's next government agreed last week to create a 500 billion euro ($543 billion) infrastructure fund and overhaul borrowing rules. In response, Germany's bond market suffered its biggest weekly selloff since the 1990s, pushing 10-year bond yields up more than 40 basis points to around 2.9%, as investors anticipated a jump in bond sales to fund increased spending.
Nomura Sees Low Risk of S&P 500 Crash as Investors Cut Exposure
(Bloomberg) -- The S&P 500 Index’s controlled decline is reducing the odds of a wider market meltdown, according to Nomura Securities cross-asset strategist Charlie McElligott.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Becau
Hedge funds cut China stocks for fourth week as DeepSeek optimism fades
HONG KONG (Reuters) -Global hedge funds continued to sell China equities for a fourth straight week as the renewed enthusiasm for Chinese tech stocks, ignited by low-cost artificial intelligence startup DeepSeek, began to fade, a Goldman Sachs (GS) note showed.