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Markets
Mutual funds that buy U.S. stocks just had their best ‘hit rate’ in two years, BofA says
Managers of mutual funds focused on large-cap stocks in the U.S. did a stronger job of beating their benchmark last month, but they’re still struggling to do…
The UK is doing the right thing in steel — just badly
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s annual haul of scrap steel would cover Hyde Park…
Can EUR/USD test decent resistance at 1.0765? – ING
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EUR/USD is enjoying a brief foray above 1.0700. Economists…
Indian steel manufacturers propose auto-grade steel price hike amid coal volatility
© Reuters.
Today, amid coal price volatility, Indian steel manufacturers are negotiating a price increase for auto-grade steel. The proposed hike is Rs 2,000-3000 per tonne…
Charter, Diamondback, and 6 Other Stocks That Hit Growth, Value, and Momentum
This year has seen growth stocks trounce their value peers, in a sharp reversal of 2022’s pattern. But it hasn’t always been smooth: Momentum has shifted on a…
Yawning ESG trust discounts offer opportunities, say analysts
Anyone thinking about investing sustainably will quickly come across plenty of options among mutual funds and exchange traded funds. Often, this is due to aggressive marketing that…
ECB’s de Guindos on interest rate cuts: We are not there yet
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In a newspaper interview on Thursday, European Central…
Could yield curve control reach the US?
Good morning. It’s Jenn Hughes here, helping Ethan out while Rob is away. The Nasdaq Composite is on its longest winning streak in two years and hedge fund managers are being…
EUR/USD: Focus now shifts to 1.0640 – UOB
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EUR/USD sees its upside impulse somewhat diminished for…