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Analyst says 'short gamma' contributing to market volatility
trueVolatility in the U.S. equity market is being whipped up by traders who don't care what stocks are worth, according to an analyst at J.P. Morgan Chase.
High-frequency trading lawsuits dismissed against Barclays, exchanges
trueLawsuits against Barclays PLC and seven stock exchanges over claims that the exchanges and the bank’s dark pool favored high-frequency traders were dismissed Wednesday by a federal court judge.
Secondary market prices to fall in second half of 2015 — NYPPEX
truePrices for alternative investment fund limited partnership interests are expected to drop in the second half of this year — with secondary median bids declining about 3.5% to an average of 80.18% of net asset value — driven down by fewer exits and less distribution of capital back to investors, ...
S&P 500 gains most since 2011 to halt 6-day rout
trueU.S. stocks rallied the most since 2011, halting a six-day rout, as investors found some relief after the worst global equity rout in almost four years. Treasuries fell and the dollar rose.
Can the U.S. economy weather the global storm?
trueThe latest batch of U.S. economic indicators certainly looks upbeat. The Consumer Confidence index rose sharply during August, led by its present situation component, to the highest reading since November 2007.
Bond market relatively untouched by equity sell-off — S&P Dow Jones
trueBond markets around the world have survived the great fall of China relatively unscathed, despite the global equity sell-off of the last few days.
China cuts interest rates to stem stock market rout
trueChina fell back on its major levers to stem the biggest stock market rout since 1996 and a deepening slowdown, cutting interest rates for the fifth time since November and lowering the amount of cash banks must set aside.
Global markets jolt investors
trueA wave of selling gripped global markets Monday as the rout in all but the safest assets deepened.
More fallout likely after China's renminbi move
trueChina's Aug. 11 decision to give markets a bigger role in setting the renminbi's value against the dollar hasn't led to the currency war some feared, but it sets the stage for a pickup in capital markets volatility in Asia that could ultimately benefit managers of active investment strategies.
China devaluation weighs on local currency bonds
trueChina's currency devaluation might extend the current two-year stay in the penalty box for local currency bonds, the biggest segment of the emerging markets debt opportunity set, but growing interest in unconstrained fixed-income strategies could leave portfolio managers better positioned to buy ...
Load your bazooka, but don't fire it — research
trueSometimes, the threat of a financial bazooka — massive financial support programs launched by governments, central banks or international organizations to support financial sectors — is all it takes to turn around investor sentiment.
U.S. stocks see biggest weekly drop since 2011
trueU.S. equity markets turned negative for the year on Friday as the Russell 3000 index dropped 2.9%, bringing the year-to-date return to -2.7%.
Fed sees progress in meeting economic conditions to raise rates
trueThe Federal Open Market Committee's decision to keep the federal funds rate at zero to 0.25% at its July 28-29 meeting was based on its view that despite further progress, economic conditions warranting an increase in the target range had not yet been met, said meeting minutes released Wednesday.
BofA: Managers lose confidence in emerging markets; China recession largest tail risk
trueMoney managers’ outlook on the global economy is weakening amid continued concerns over a Chinese recession, said Bank of America Merrill Lynch’s monthly fund manager survey.
Stronger dollar's impact on Q2 EPS
trueCompanies that are most sensitive to fluctuations in the U.S. dollar saw earnings growth four percentage points lower than firms with average sensitivity to the dollar's movement.