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Three sources familiar with the matter said Apple (AAPL.O) will refuse to pre-install Indian state-owned cybersecurity apps on its smartphones and will express its concerns to the Indian government. 1. Every penny we earn is earned knowing how, and we understand perfectly where we lost money. 2. You only realize how much you could have made after the market moves in. Before the market moves, we only have expectations about the future. 3. When a trading opportunity arises, its a high-probability event. What we need to do is make money that we can sleep soundly through high-probability events. 4. In investing, including financial management, the most crucial thing is to clarify your philosophy to understand how money is earned. 5. Stable profits are relative. What we can do is to seize opportunities and profit while keeping risks under control. Theres no single key to stable profits; its not the only condition. If there has to be a key, its preserving your principal. 6. Hedge funds are for risk management and protecting returns. From an investment strategy perspective, they are conservative and generate excess returns; from an investment target perspective, they are diverse and abundant. 7. When theres bloodshed on the streets, thats your best time to invest.On December 2nd, BNP Paribas, in its 2026 Global Outlook report, indicated that UK government bond yields are likely to remain range-bound in the first half of 2026, before declining in the second half. Analysts stated that the recently released UK budget confirmed "moderate fiscal consolidation in the new fiscal year," and "we still expect the supply and demand dynamics to improve in 2026." However, the bank also warned that UK government bond yields may be under pressure in the first half of the year due to political tensions ahead of the May local elections. BNP Paribas predicts that the yield on 10-year UK government bonds will reach 4.50% by the end of the second quarter, falling to 4.30% by the end of 2026. According to Tradeweb data, the current yield is 4.491%.December 2nd - The French National Assembly will begin the second reading of the 2026 social security budget bill on Tuesday, posing a crucial test for Prime Minister Le Kohns push through controversial fiscal legislation in a divided parliament. The leader of the minority government needs to secure an unconventional compromise on healthcare spending before next weeks vote. However, current disagreements between the center-left and center-right on issues such as pensions, taxes, and indexed welfare payments are hindering progress. The political turmoil in France has shaken the bond market, widening the spread between French and German 10-year government bond yields—a key indicator of risk. However, as Le Kohns efforts to pass the budget have progressed and the opposition has abandoned its threat to force his resignation, the spread has narrowed to approximately 73 basis points in recent weeks.A spokesperson for the European Commission stated that Canada will contribute €10 million to the EU budget for the Security in Europe (SAFE) program.

Jane Street Global Sues The LME For $15.3 Million Due to The Cancellation of Nickel Deals

Aria Thomas

Jun 07, 2022 11:02

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Jane Street Global Trading, located in the United States, has sued the London Metal Exchange for $15,3 million due to the cancellation of nickel deals in March. This is the second lawsuit the London Metal Exchange has faced this week.


The LME, which is controlled by Hong Kong Exchanges and Clearing, is being investigated by authorities after it paused operations and canceled nickel contracts on March 8 owing to volatility that caused prices to double within hours to more than $100,000 per tonne.


A Jane Street official stated in a statement that the move to cancel nickel deals "during a moment of heightened volatility seriously undermines the integrity of the markets and establishes a hazardous precedent that throws future contracts into doubt."


The Hong Kong bourse said in a statement that the LME viewed the U.S. quantitative fund and market maker's allegation to be "without merit and that the LME would fiercely oppose it."


Monday, the LME said it was being sued for $456 million by hedge fund Elliott Associates for canceling nickel deals.


HKEX issued a similar statement in response to the Elliott lawsuit, asserting that the LME had to intervene to safeguard the whole market when trading got chaotic.