Latest news with #Swissquote
Yahoo
22-05-2025
- Business
- Yahoo
U.S. Treasury Yield Path May Depend on Budget Sustainability, Investor Behavior
The trajectory of U.S. Treasury yields will depend on a few things, said Swissquote Bank's Ipek Ozkardeskaya in a note. The fiscal choices made by the U.S., whether the budget is sustainable, and whether there is any long-term plan to rein in the debt.
Bloomberg
16-05-2025
- Business
- Bloomberg
Tech Investors Digest Trump's Week in the Middle East
Ipek Ozkardeskaya, Swissquote Senior Analyst, discusses how markets are reacting to tech deals announced during President Trump's visit to the Gulf. She joins Caroline Hyde and Ed Ludlow on 'Bloomberg Technology.' (Source: Bloomberg)
Business Recorder
14-05-2025
- Business
- Business Recorder
Gold regains some ground as dollar eases, trade optimism fades
NEW YORK: Gold prices rose on Tuesday as the dollar crept lower and initial optimism over a trade truce between the United States and China ebbed, while investors looked forward to US inflation data due later in the day. Spot gold was up 0.6% at $3,255.09 an ounce, as of 1144 GMT, after dropping more than 2% in the previous session. US gold futures were up 0.9% at $3,258.40. The dollar index slipped 0.2% after a sharp rise in the previous session. A weaker greenback makes gold less expensive for those holding other currencies. 'The uncertainty around the trade tariffs still remain in the marketplace... the stock market is taking a breather after massive rally and we are seeing a bit of decline of the dollar,' said Carlo Alberto De Casa, external analyst at Swissquote. On Monday, US and China announced tariff reductions for the next three months, with US tariffs on Chinese imports dropping from 145% to 30% and Chinese duties on US imports falling to 10% from 125%, leading to a surge in global shares. The US and China had imposed tit-for-tat tariffs on each other last month, triggering a trade war. Traders now await the US Consumer Price Index report for fresh signals on the Federal Reserve's monetary policy trajectory. The market is expecting a 55-basis-point rate cut this year by the Fed, starting September. 'If the inflation data happened to produce a downside miss this could take some momentum away from the USD, which could see gold make forward progress,' said KCM Trade Chief Market Analyst Tim Waterer. Gold, traditionally considered a safe-haven asset during times of political and economic uncertainty, tends to thrive in a low-interest-rate environment. On the technical front, spot gold may retest support at $3,206 per ounce, a break below which could open the way towards $3,135, according to Reuters technical analyst Wang Tao.
Zawya
13-05-2025
- Business
- Zawya
Gold regains some ground as dollar eases, trade optimism fades
Gold prices rose on Tuesday as the dollar crept lower and initial optimism over a trade truce between the United States and China ebbed, while investors looked forward to U.S. inflation data due later in the day. Spot gold was up 0.6% at $3,254.39 an ounce, as of 0639 GMT. U.S. gold futures were up 1% at $3,258.70. The dollar index slipped 0.2% after a sharp rise in the previous session. A weaker greenback makes gold less expensive for those holding other currencies. "The uncertainty around the trade tariffs still remain in the marketplace... the stock market is taking a breather after massive rally and we are seeing a bit of decline of the dollar," said Carlo Alberto De Casa, external analyst at Swissquote. On Monday, U.S. and China announced tariff reductions for the next three months, with U.S. tariffs on Chinese imports dropping from 145% to 30% and Chinese duties on U.S. imports falling to 10% from 125%, leading to a surge in global shares. The U.S. and China had imposed tit-for-tat tariffs on each other last month, triggering a trade war. Traders now await the U.S. Consumer Price Index report for fresh signals on the Federal Reserve's monetary policy trajectory. The market is expecting a 55-basis-point rate cut this year by the Fed, starting September. "If the inflation data happened to produce a downside miss this could take some momentum away from the USD, which could see gold make forward progress," said KCM Trade Chief Market Analyst Tim Waterer. Gold, traditionally considered a safe-haven asset during times of political and economic uncertainty, tends to thrive in a low-interest-rate environment. On the technical front, spot gold may retest support at $3,206 per ounce, a break below which could open the way towards $3,135, according to Reuters technical analyst Wang Tao. Elsewhere, spot silver rose 1.5% to $33.10 an ounce, platinum climbed 1.2% to $987.85 and palladium was up 0.6% at $950.95. (Reporting by Brijesh Patel in Bengaluru; Editing by Janane Venkatraman)
Bloomberg
09-05-2025
- Business
- Bloomberg
Swissquote Seeks to Shake Crypto Link Despite 1,500% Stock Rally
When Swissquote Group Holding SA became the first European bank to let clients trade Bitcoin in 2017, the cryptocurrency was changing hands for around $2,000 per token. Shares in the online brokerage have surged more than 1,500% since then, riding the wave of soaring demand for digital currencies that has pushed Bitcoin back above $100,000. But being closely linked to crypto also comes with volatility and risks — and Swissquote wants to be clear that there's more to the company.
