by Bloomberg.com | May 28, 2026 | AlphaTack Intel
Bitcoin fell to its lowest level in more than six weeks as jitters over the US-Iran war and outflows from US exchange-traded funds weighed on the largest cryptocurrency. Bitcoin dropped as much as 3.3% to $72,643 on Thursday, its weakest since April 13. It was trading...
by Bloomberg.com | May 27, 2026 | AlphaTack Intel
The buzz surrounding ChangXin Memory Technologies Ltd.’s anticipated IPO is also triggering anxiety in parts of China’s market, where investors recall earlier mega-deals that absorbed vast amounts of liquidity and marked turning points for equities. Hefei-based CXMT,...
by Bloomberg.com | May 27, 2026 | AlphaTack Intel
Chinese imports of crude oil are set to drop to levels not seen since the pandemic, as the war in Iran reveals the extent to which demand has disappeared and may not be coming back. Inbound shipments could fall to an average of 10.9 million barrels a day this year,...
by Bloomberg.com | May 27, 2026 | AlphaTack Intel
KKR & Co.’s co-chief executive officer Scott Nuttall said it was likely that the alternative asset manager would eventually start trading private credit, following early efforts by Apollo Global Management Inc. to create a market for less liquid debt. “The...
by Bloomberg.com | May 27, 2026 | AlphaTack Intel
Wall Street banks are predicting another banner quarter for their trading desks. Bank of America Corp. expects second-quarter revenue from sales and trading to increase about 15% from a year ago, Chief Executive Officer Brian Moynihan said Wednesday. And JPMorgan...
by Bloomberg.com | May 26, 2026 | AlphaTack Intel
Bank of Japan Governor Kazuo Ueda indicated the need for vigilance over the impact of oil price spikes on the underlying inflation trend without dropping a clear hint on how that dynamic might influence the outcome at next month’s policy meeting. “Japan’s experience...
