
Insight with Haslinda Amin 7/29/2025
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Flow Traders Ltd (FLTLF) (Q2 2025) Earnings Call Highlights: Record Trading Income and ...
Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Flow Traders Ltd (FLTLF) achieved a net trading income of 143.4 million in the second quarter, marking the fourth consecutive quarter of triple-digit NTI. The company's total value traded increased by 14% year over year, reaching close to 1.7 trillion, the third highest quarter in company history. Flow Traders Ltd (FLTLF) recorded an EBITDA of 68 million in the quarter, more than triple the results from a year ago, with a 47% margin. The company's trading capital reached record levels, increasing by 33% year over year to 831 million. Flow Traders Ltd (FLTLF) maintained its position as a leading liquidity provider in ETPs in Europe amidst increased market activity and volatility. Negative Points Market activity declined gradually from the second half of April into May and June, with volatility in July running below historical averages. There was a meaningful decrease in contributions from digital assets compared to the same quarter a year ago. Fixed operating expenses increased by 15% year over year to 49.8 million, driven by select hiring and technology investments. The company's market ETP value traded declined in Europe and Asia in the second quarter compared to the first quarter. Flow Traders Ltd (FLTLF) faced a decrease in trading volumes in cryptocurrencies compared to the first quarter. Q & A Highlights Warning! GuruFocus has detected 2 Warning Signs with FLTLF. Q: Can you provide insights into the strong performance in the US, especially given the weak crypto trading activity in Q2? A: The strong performance in the US was driven by increased volatility and market activity, which presented significant opportunities. Historically, during volatile times, the size and depth of the US market improve profitability. While crypto trading was muted, capital was reallocated towards equities and fixed income, enhancing returns. (Unidentified_4) Q: Could you elaborate on the All Unity stablecoin project and its expected economic impact? A: All Unity is a tokenization platform launching a MiCA-compliant EUR stablecoin, EuroAU, backed by Flow Traders, DWS, and Galaxy Digital. The stablecoin is regulated and aims to connect traditional financial markets with digital assets, enhancing market efficiency. The economics are similar to other stablecoins, but with regulatory backing. (Unidentified_5) Q: How does Flow Traders plan to capitalize on regional differences in Europe, America, and Asia Pacific? A: In Europe, Flow Traders maintains a leading position in ETP trading. In the Americas, the large market size and volatility present growth opportunities, though it's competitive. Asia Pacific offers significant growth potential, especially with the expanding Chinese ETF market. The firm aims to provide liquidity and enhance market presence globally. (Unidentified_4) Q: What drove the operational cost increase of 40% and the 8 million impairment of intangibles? A: The operational cost increase was mainly due to higher variable compensation and additional hires. The 8 million impairment of intangibles relates to a reversal of previous impairments in the trading books, with corresponding positives recorded in NTI due to hedging. (Unidentified_5) Q: What qualities will the new CEO, Thomas Spitz, bring to Flow Traders, and will there be strategic changes? A: Thomas Spitz brings a diverse background in trading, sales, and research, with a focus on innovation. He will continue executing the firm's growth and diversification strategy, enhancing it with his experience to identify new opportunities. No immediate strategic changes are planned, but his leadership is expected to accelerate growth. (Unidentified_3) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
20 minutes ago
- Yahoo
Trump's New Tariff Tsunami: Is a Global Recession the Next Chapter?
Four months after Donald Trump rattled markets with a tariff-filled placard at the Rose Garden, the president has followed through with a sweeping new tariff regimeand this time, the investor reaction was more muted, but far from calm. The average US tariff rate is now set to climb to 15.2%, up from just 2.3% before Trump first took office, marking one of the steepest climbs in modern trade history. While markets initially held upS&P 500 futures dipped ~1%, Asia and Europe fell modestlysome of the new figures turned heads, including a 39% tariff on Swiss imports and 35% on certain Canadian goods. For investors, the message is clear: the tariff cycle isn't over, and uncertainty is back on the table. Warning! GuruFocus has detected 2 Warning Signs with FLTLF. Economists are already modeling the fallout. According to Bloomberg Economics, the 12.8 percentage point jump in average tariffs could shave 1.8% off US GDP over the next two to three years, and push core inflation up by around 1.1%. That's not just a numberit's a macro headwind with real consequences for rate policy and corporate earnings. Former IMF Chief Economist Raghuram Rajan called it a serious demand shock that could force global central banks to start cutting. Meanwhile, Fed Chair Jerome Powell pushed back on rate cut calls, but admitted that persistent price pressures from tariffs could be a risk to manage. For multinationals and exporters, the road ahead may get bumpier as consumption patterns shift and investment plans stall. And there's more coming. Trump's team is expected to roll out additional sector-specific tariffstargeting semiconductors, critical minerals, and pharmaceuticalsin the weeks ahead. Companies with global supply chains, including Tesla (NASDAQ:TSLA), could face heightened scrutiny under a new 40% penalty aimed at deterring transshipment, though exact enforcement rules remain vague. Nations like Canada and Mexico may breathe easier thanks to USMCA carve-outs, but othersespecially those hit with 15% or higher ratesmay find themselves repricing or rerouting exports entirely. As one former US trade official put it: Don't assume this is the end of the story Trump sees this as an ongoing reality show. For investors, the playbook is shifting. Again. This article first appeared on GuruFocus.


Bloomberg
22 minutes ago
- Bloomberg
Policy is Suboptimal: BlackRock's Russ Brownback
BlackRock Strategic Income Opportunities Fund Co-Portfolio Manager Russ Brownback discusses the bond market betting on rate cuts and says that the current monetary policy is suboptimal. He speaks with Sonali Basak on 'Bloomberg Real Yield.' (Source: Bloomberg)