Trump Trade War Fuels Use of Currency Options as Hedge in Europe
European corporate treasurers increasingly are turning to the options market to hedge currency exposure, a more costly method than typically used, as Donald Trump’s trade policies cause bigger-than-usual price swings.
Daily volumes of currency options surged to a record in early April in the aftermath of Trump’s “Liberation Day” tariff unveil,
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Read MoreCathie Wood Is Pounding the Table on AMD Stock. Should You Buy Shares Now?
Cathie Wood is returning to Advanced Micro Devices (AMD), adding to her position in the chip stock across several of her Ark Invest exchange-traded funds. Since June 20, Wood has added nearly $50 million in shares,
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Read MoreStock Market LIVE Updates: GIFT Nifty indicates a firm start; US, Asian markets gain
U.S. equity markets closed higher on Wednesday, following a trade agreement between the U.S. and Vietnam. The U.S. will charge a tariff rate of 20% on goods imported from Vietnam, which is significantly lower than the 46% rate announced in early April. Meanwhile, Vietnam has reportedly agreed to drop levies on U.S. imports.
Read MoreNifty 50, Sensex today: What to expect from Indian stock market in trade on July 3
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a flat note Thursday, tracking mixed cues from global markets.
The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 25,579 level,
No Taxes On Social Security Is A Promise Only Partially Kept
No taxes on Social Security is a promise only partially kept.
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When it comes to tax news, but especially when it comes to tax law, it’s important to always read the fine print. Both whitehouse.gov and the Social Security Administration issued press releases following the passage of the One Big Beautiful Bill Act that told America’s seniors that the Trump administration delivered on its “no taxes on Social Security” promise.
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Read MoreThe Burst
Market Commentary: Why Tesla Could 4x in the Next 7 Years
The founder of Baron Capital, a firm with approximately $50 billion under management, believes that Tesla has the potential to quadruple in value over the next seven years.
Ron Baron isn’t just a voice in the wind, his fund has delivered an annualized return of 15.4% over the last 20 years, handily beating the S&P 500.
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Read MoreThe Ivy
Down We Go?
Yesterday, we discussed how the market had shown relative strength recently and asked the question whether the bullish sentiment would last. While it’s hard to know precisely when a bottom will take place, we highlighted the danger of trying to pick the low point because inevitably at some stage betting on the bottom will lead to a losing trade where lower lows follow.
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