Commodity markets

China fuels markets as protests erupt over Covid lockdowns |  CNN Business

China fuels markets as protests erupt over Covid lockdowns | CNN Business

hong kong CNN Business — China’s major stock indexes and its currency opened sharply lower on Monday as widespread protests over the country’s tough Covid-19 restrictions over the weekend rattled investor sentiment. Hong Kong Hang Seng Index (HSI) fell 4.2% in early trading. It has since pared some losses and last traded 2% lower. The …

China fuels markets as protests erupt over Covid lockdowns | CNN Business Read More »

FTX's jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: 'It's about people getting ahead on their skis'

FTX’s jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: ‘It’s about people getting ahead on their skis’

Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to famed biotech startup Theranos, in a conversation with MarketWatch. . “It’s not like Theranos,” he said. In a phone interview on Friday, Draper said he was unaware of any comparison between …

FTX’s jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: ‘It’s about people getting ahead on their skis’ Read More »

The best play on the Fed's decision could be a no-play, according to this industry veteran

The best play on the Fed’s decision could be a no-play, according to this industry veteran

It’s time to go for the Fed, which is set to make a fourth consecutive major hike, although there are obviously bigger questions hanging over December’s plans. Wall Street is understandably on the fence, especially after Tuesday’s batch of good is bad data. Our call of the day from Stuck in the Middle blogger Mr. …

The best play on the Fed’s decision could be a no-play, according to this industry veteran Read More »

Europe now has so much natural gas that prices have just fallen below zero |  CNN Business

Europe now has so much natural gas that prices have just fallen below zero | CNN Business

London CNN Business — Europe has more natural gas than it knows what to do with. So much so, in fact, that spot prices briefly turned negative early in the week. For months, officials have warned of an energy crisis this winter as Russia – once the region’s biggest natural gas supplier – cut supplies …

Europe now has so much natural gas that prices have just fallen below zero | CNN Business Read More »

This hedge fund manager who made winning bets in 2020 says investors should prepare for a decades-long bear market

This hedge fund manager who made winning bets in 2020 says investors should prepare for a decades-long bear market

On the heels of last week’s bullish turn for equities, the market got off to a mixed start on Monday. Hong Kong stocks could affect the mood with a giant slump after the Chinese leader consolidates his power. And we are entering a Fed blackout period ahead of next week’s meeting that is expected to …

This hedge fund manager who made winning bets in 2020 says investors should prepare for a decades-long bear market Read More »