Day: 13 May 2020

US April PPI Falls More than Expected

US wholesale prices declined more than expected in April, led by energy prices again, the Labor Department reported Wednesday. The inflation data are all moving in the same downward direction, as sharply lower demand due to social distancing has kept prices depressed at both the wholesale and consumer levels. That trend is likely to continue […]

Hedge Funds Stage April Comeback

The global hedge fund business staged a comeback in April, with a positive aggregate return of +5.02%, according to the just-released April 2020 eVestment hedge fund performance data. All major hedge fund types tracked were in the green for April, although some just barely. This marks a major and promising turnaround from March when almost […]

Bitfinex. Koine in Custody Collaboration

Digital asset exchange, Bitfinex, and digital asset custody provider, Koine, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. Koine customers gain access to a post-trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for institutional […]

WHW: One Word Said It All – ‘Inevitable’

The testimonies of Dr Tony Fauci, Robert Redfield, Stephan Hahn and Brett Giroir Tuesday seemed to many, perhaps even a lot of investors and traders, like something new when in fact there was not only nothing new, but what was there was way too late. The testimonies, if anything, just demonstrated again it’s not the […]