Jerry Lin
The Latest
-
Oil Prices Decline as Market Awaits Israel's Next Move Amid Middle East Tensions
The recent surge in oil prices came to a halt on Tuesday as traders and investors paused to assess the likelihood of an escalation in the Middle East following Iran's missile attacks on Israel. Market participants are closely watching for Israel's next move, with many speculating that the country may retaliate against Iran's oil infrastructure, which could further disrupt global oil supplies. 
The recent surge in oil prices came to a halt on Tuesday as traders and investors paused to assess the likelihood of an escalation in the Middle East following Iran's missile attacks on Israel. Market participants are closely watching for Israel's next move, with many speculating that the country may retaliate against Iran's oil infrastructure, which could further disrupt global oil supplies. -
FTX Set to Repay Billions to Creditors After Bankruptcy Plan Approval
FTX has secured approval for its bankruptcy reorganization plan, positioning itself to repay billions of dollars to its creditors, potentially turning the once-disastrous collapse of the crypto exchange into a significant financial recovery. On Monday, Delaware bankruptcy Judge John Dorsey approved the plan, allowing the company to distribute between $14.7 billion and $16.5 billion in assets to FTX's creditors, marking one of the most extensive asset recoveries in bankruptcy history. 
FTX has secured approval for its bankruptcy reorganization plan, positioning itself to repay billions of dollars to its creditors, potentially turning the once-disastrous collapse of the crypto exchange into a significant financial recovery. On Monday, Delaware bankruptcy Judge John Dorsey approved the plan, allowing the company to distribute between $14.7 billion and $16.5 billion in assets to FTX's creditors, marking one of the most extensive asset recoveries in bankruptcy history. -
US Treasury Yields Surge Past 4% as Fed Rate Cut Hopes Fade
U.S. Treasury yields climbed back above 4% on Monday, marking their highest levels since August, as investors reassessed their expectations for future interest rate cuts from the Federal Reserve. The move followed a stronger-than-expected U.S. jobs report, which undercut hopes for a significant reduction in rates by the central bank. The 10-year Treasury yield jumped to 4.03%, while the two-year yield surged to 4.02%, reflecting a market-wide shift in sentiment about the Fed's monetary policy trajectory. 
U.S. Treasury yields climbed back above 4% on Monday, marking their highest levels since August, as investors reassessed their expectations for future interest rate cuts from the Federal Reserve. The move followed a stronger-than-expected U.S. jobs report, which undercut hopes for a significant reduction in rates by the central bank. The 10-year Treasury yield jumped to 4.03%, while the two-year yield surged to 4.02%, reflecting a market-wide shift in sentiment about the Fed's monetary policy trajectory. -
Gold Dips Amid Strong Dollar and Waning Hopes for Major Fed Rate Cuts
Gold prices retreated on Monday as the U.S. dollar remained strong, causing investors to reassess their expectations of a significant interest rate cut from the Federal Reserve in the near term. Spot gold slipped 0.3% to $2,645.00 per ounce by mid-morning in New York, pulling back from its recent record peak of $2,685.42 reached in late September. U.S. gold futures also eased slightly, down 0.1% to $2,664.70. 
Gold prices retreated on Monday as the U.S. dollar remained strong, causing investors to reassess their expectations of a significant interest rate cut from the Federal Reserve in the near term. Spot gold slipped 0.3% to $2,645.00 per ounce by mid-morning in New York, pulling back from its recent record peak of $2,685.42 reached in late September. U.S. gold futures also eased slightly, down 0.1% to $2,664.70. -
Hedge Funds Miscalculate Yen's Future as Dovish Policy and U.S. Jobs Data Rattle Markets
Hedge funds have faced a significant setback in their currency bets as the yen plunged following dovish comments from Japan's new prime minister and a surprisingly strong U.S. jobs report. The rapid reversal in the yen's fortunes has sparked concerns in the global financial markets and left many investors recalibrating their strategies amid volatile conditions. 
Hedge funds have faced a significant setback in their currency bets as the yen plunged following dovish comments from Japan's new prime minister and a surprisingly strong U.S. jobs report. The rapid reversal in the yen's fortunes has sparked concerns in the global financial markets and left many investors recalibrating their strategies amid volatile conditions. -
Oil Prices Surge as Middle East Tensions Threaten Global Oil Supply
Global oil markets are facing a surge in prices as fears of a broader Middle East conflict intensify, with Brent crude nearing $80 per barrel and West Texas Intermediate (WTI) crude trading close to $76. The sharp increase in oil prices comes on the back of escalating tensions between Israel and Iran, raising concerns over potential disruptions to global oil supplies. 
Global oil markets are facing a surge in prices as fears of a broader Middle East conflict intensify, with Brent crude nearing $80 per barrel and West Texas Intermediate (WTI) crude trading close to $76. The sharp increase in oil prices comes on the back of escalating tensions between Israel and Iran, raising concerns over potential disruptions to global oil supplies. -
U.S. Economy Surges with 254,000 Jobs Added in September, Unemployment Rate Falls to 4.1%
The U.S. labor market surged in September, as employers added 254,000 jobs, significantly surpassing economists' expectations and easing concerns about the economic outlook. The job gains, released by the Bureau of Labor Statistics (BLS) on Friday, highlighted the resilience of the U.S. economy despite ongoing challenges, and the unemployment rate fell to 4.1% from 4.2%. 
The U.S. labor market surged in September, as employers added 254,000 jobs, significantly surpassing economists' expectations and easing concerns about the economic outlook. The job gains, released by the Bureau of Labor Statistics (BLS) on Friday, highlighted the resilience of the U.S. economy despite ongoing challenges, and the unemployment rate fell to 4.1% from 4.2%. -
US Labor Market Holds Steady, But Strikes and Storm Loom as Potential Game Changers
According to a report from the Labor Department, the number of Americans filing new applications for unemployment benefits increased slightly by 6,000, reaching 225,000 for the week ending September 28. While these figures still reflect a relatively robust labor market, external factors may soon bring additional pressures. 
According to a report from the Labor Department, the number of Americans filing new applications for unemployment benefits increased slightly by 6,000, reaching 225,000 for the week ending September 28. While these figures still reflect a relatively robust labor market, external factors may soon bring additional pressures. -
Yen Plunges as Traders Bet on Weaker Currency Amid Prime Minister Ishiba’s Dovish Turn
The yen carry trade is once again drawing attention from global investors after Japanese Prime Minister Shigeru Ishiba's recent comments jolted markets. Traders are betting on further yen weakness, driven by signals that Japan is not ready for additional interest rate hikes. Ishiba's dovish stance has led to a resurgence in carry trades, where investors borrow low-interest yen to invest in higher-yielding assets, a strategy favored by hedge funds. 
The yen carry trade is once again drawing attention from global investors after Japanese Prime Minister Shigeru Ishiba's recent comments jolted markets. Traders are betting on further yen weakness, driven by signals that Japan is not ready for additional interest rate hikes. Ishiba's dovish stance has led to a resurgence in carry trades, where investors borrow low-interest yen to invest in higher-yielding assets, a strategy favored by hedge funds. -
Oil Prices Surge Amid Escalating Israel-Iran Conflict, Global Supply Faces Uncertainty
Oil prices edged higher in the wake of escalating conflict in the Middle East, as concerns over potential disruptions to crude supplies weighed on the market. Investors are closely watching the impact of ongoing hostilities between Israel and Iran, which have spilled over into neighboring regions. Brent crude futures rose 0.87% to $74.54 a barrel, while U.S. West Texas Intermediate crude futures gained 1.03%, closing at $70.82 per barrel. Oil prices edged higher in the wake of escalating conflict in the Middle East, as concerns over potential disruptions to crude supplies weighed on the market. Investors are closely watching the impact of ongoing hostilities between Israel and Iran, which have spilled over into neighboring regions. Brent crude futures rose 0.87% to $74.54 a barrel, while U.S. West Texas Intermediate crude futures gained 1.03%, closing at $70.82 per barrel.
