Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
Global hedge funds made a strong start to the year, registering performance-based gains of $21.5 billion in January, while trend following hedge funds that mostly rely on futures enjoyed stellar outperformance, amid oil price weakness.
Net asset outflows for the January stand at $3.2 billion, which was nearly twice the outflows compared to the same period last year, but this was more than compensated for by the strong performance-based gains, according to data from research provider Eurekahedge.
"Hedge funds were off to a strong start in 2015, gaining 1.29 percent, outperforming underlying markets as the MSCI World Index fell 0.41 percent over concerns about a lack of global demand and Greece's debt problems," Eurekahedge's latest report, published Tuesday found.
"This atmosphere of uncertainty and central bank activity contributed to heightened market volatility, which picked up in the first trading month of the year. U.S. equities witnessed their largest loss since January 2014, underperforming global markets significantly," the report added.
Separate data from alternative assets data provider Preqin, also released Tuesday, showed Commodity Trading Advisors (CTAs), or a hedge funds that use futures to to achieve returns and tend to follow trends in markets using computers, posted their strongest monthly return since April 2011.
CTAs returned 3.1 percent in January, building on solid returns seen last year, bringing 12-month rolling returns to 14.72 percent in the year to January 2015, Preqin said.
Oil price trends were consistent in late 2014, having collapsed in the second half of last year on oversupply, while the Organization of the Petroleum Exporting Countries refused to cut its output.
Brent has gained around 35 percent in the last month, currently trading at around $62 per barrel, having touched a six-year low of just over $45 in mid-January, down from $115 in June.