Interstellar Capital

2025/01/21

Hedge fund industry asks for 'Day One' reprieve on SEC rules

LONDON, Jan 21 - Hedge fund industry lobbyists have sent a wish list to the U.S. Securities and Exchange Commission (SEC) asking for repeals and delays to much of the regulator's hard-hitting agenda on industry transparency.

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2025/01/20

Markets optimistic as Trump returns to the White House

NEW YORK, Jan 20 - Investors welcomed Donald Trump's second inauguration, anticipating a pro-business agenda, while remaining wary of his protectionist trade policies, particularly his stance on tariffs.

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2025/01/20

European shares steady as Trump inauguration centre stage

Jan 20 - European stocks closed flat on Monday, having earlier hit a three-month high on expectation Donald Trump would refrain from increasing tariffs on U.S. trading partners as soon as he is inaugurated as president.

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2025/01/17

Morning Bid: Waller and Bessent help peg back Treasury yields

A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired retreat in worrisome U.S. Treasury yields before Donald Trump's inauguration as president on Monday.

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2025/01/17

Wall St set for higher open in countdown to Trump presidency

Jan 17 - Wall Street's main indexes were on track to open higher on Friday, with the S&P 500 and the Dow looking set to log their biggest weekly gains since November, as investors anticipate a wave of policy changes under the incoming Trump administration.

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2025/01/16

Global stocks rally on lower bond yields

SINGAPORE/LONDON, Jan 16 - Stocks surged on Thursday, extending momentum from the previous session when data showed an easing in core U.S. inflation that raised expectations for Federal Reserve cuts and sent global bond yields lower.

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2025/01/16

Trump faces a powerful check on his power: bond vigilantes

NEW YORK/LONDON, Jan 16--- When Bill Clinton began his first term as president in 1993, he faced a challenge to his authority from an unexpected adversary: bond traders. Low taxes and high defense spending over the prior decade had contributed to U.S. debt doubling as a share of economic output.

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2025/01/15

Stocks surge after softer US inflation, upbeat fourth quarter earnings

Jan 15 Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in December, raising the chances of a second rate cut this year, while investors cheered the first wave of quarterly earnings.

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2025/01/14

Morning Bid: Markets catch a break before inflation, earnings

hanks largely to a stabilisation of bond markets and an ebbing of the super-strong dollar, global stocks caught a rare new year bid on Tuesday with critical inflation and corporate earnings updates now in view.

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2025/01/15

Wall St set to open higher after inflation data, strong bank earnings

Jan 15 Wall Street's main indexes were set to open higher on Wednesday, as investors were relieved by data that showed core inflation rose less than expected in December, and cheered a strong batch of quarterly results from the country's biggest banks.

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2025/01/13

European shares extend slide as markets ponder Fed rate outlook

Jan 13 European shares slipped in a broader market selloff on Monday, as global equities faced pressure after U.S. jobs data reinforced bets the Federal Reserve will be cautious in cutting interest rates this year.

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2025/01/13

Stocks tumble as traders cast doubt over 2025 rate cuts

Jan 13 Global stocks fell on Monday while the dollar hit 26-month peaks after a U.S. jobs report that prompted investors to question if interest rates will fall at all this year.

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2025/01/10

New Hampshire Proposes Bill to Establish "Strategic Bitcoin Reserve

January 10 – Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), shared on the X platform that New Hampshire state legislator Keith Ammon has introduced a bill proposing the creation of a "strategic reserve." This reserve would allow the state treasury to invest in precious metals such as gold, silver, and platinum, as well as digital assets, including Bitcoin.

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2025/01/10

Gold rebounds on Trump policy uncertainty despite robust US jobs data

Jan 10 Gold prices rebounded on Friday as uncertainty surrounding the incoming Trump administration's policies lifted safe-haven appeal, even as a stronger-than-expected U.S. employment data reinforced expectations the Federal Reserve might not cut interest rates as aggressively this year.

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2025/01/10

VIEW Surprising Dec US payrolls jump supports longer Fed pause

Jan 10 U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November's 4.2% as the labor market ended 2024 on a solid footing, reinforcing the Federal Reserve's cautious approach to interest rate cuts this year.

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2025/01/08

Treasury yields keep rising on growth hopes, tariff fears, stocks suffer

LONDON, Jan 8 global bond sell-off continued on Wednesday hurting stocks and boosting the dollar on the back of data the day before showing the U.S. economy is in good health, likely limiting further rate cuts, as well as renewed reports about U.S. tariffs.

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2025/01/10

US property and casualty insurers slide as Los Angeles wildfire losses mount

Jan 10 U.S. property and casualty insurance stocks slid in premarket trading on Friday on worries over the billions of dollars in potential catastrophe-related claims from the wildfires menacing Los Angeles, California.

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2025/01/08

Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead

Jan 8 Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia (NVDA.O), CEO Jensen Huang said the technology's practical use was likely two decades away.

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2025/01/07

Deutsche Bank, Citi turn bullish on European equities

Jan 7 Deutsche Bank and Citigroup have turned bullish on European equities as lower interest rates, hopes of a strong corporate earnings season and an improving political outlook are expected to bolster sentiment in 2025.

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2025/01/07

Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

Jan 7 Aurora Innovation's (AUR.O), shares rose 38% in premarket trading on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy self-driving trucks.

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