Interstellar Capital

2025/05/15

Institutional investors juggle bitcoin ETF holdings, US filings show

A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a 12% drop in the cryptocurrency's price in the first quarter of 2025, according to recent regulatory filings.

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2025/05/14

'Magnificent 7' ride back into town

What matters in U.S. and global markets today by Amanda Cooper. The stock market is a little on the weaker side today, with U.S. futures mostly steady, as investors take a breather from this week's blistering rally. Global trade tensions might finally be easing, money is flowing back into the glittering AI sector and the prospect of potentially bullish Federal Reserve rate cuts is back on the table.

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2025/05/13

Safe haven concerns mount as US Treasuries face twin recession and inflation risks

Concerns for the safe haven status of U.S. Treasuries are rising with benchmark 10-year yields expected to drift sideways over the coming year, pinned between trade war-driven recession and inflation, according to a Reuters poll of bond strategists.

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2025/05/12

Dollar surges after China-US truce improves growth outlook

May 12 - The dollar surged on Monday as the United States and China struck a truce to reduce reciprocal tariffs temporarily, easing fears of carnage from a trade war between the world's two biggest economies.

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2025/05/09

Trade hopes feed risk appetite, boosting stocks and bitcoin

World stocks hovered near their highest levels in six weeks on Friday after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries.

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2025/05/08

Pound boosted by surprise BoE vote, with Trump trade deal in focus

The pound received a lift on Thursday from a surprising split in votes on interest rates at the Bank of England while shares in UK companies rallied after U.S. President Donald Trump said he had struck a "full and comprehensive" trade deal with Britain.

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2025/05/07

US, China to hold ice-breaker trade talks in Geneva on Saturday

U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.

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2025/05/06

Safe-haven demand lifts gold to 2-week peak, focus on Fed meet

Gold prices rose to a two-week high on Tuesday, as tariff threats from U.S. President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was also in focus.

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2025/05/05

Berkshire shares fall as Buffett, CEO for 60 years, names Abel successor

Berkshire Hathaway shares fell 2.8% before the bell on Monday after famed investor Warren Buffett decided to step down from his 60-year role as CEO of the $1.16 trillion conglomerate, handing over the reins to Vice Chairman Greg Abel.

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2025/05/02

Trading Day: Resilience trumps uncertainty

One of the biggest surprises in a week overflowing with them - from top-tier economic indicators, to company earnings and policy decisions from around the world - was how steadfast financial markets were.

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2025/05/01

Gold hits two-week low as easing trade tensions boost risk appetite

Gold fell nearly 2% to a two-week low on Thursday as signs of easing trade tensions boosted risk appetite and reduced bullion's safe-haven appeal, while a stronger U.S. dollar also weighed on prices.

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2025/04/30

US shares set to open lower after GDP data, oil slides

U.S. share futures dropped and bond yields rose on Wednesday after data showed the U.S. economy contracted in the first quarter, underscoring the disruptive nature of President Donald Trump's often chaotic tariff policy.

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2025/04/29

Amazon in White House crosshairs over report of displaying tariff costs

Amazon said on Tuesday its low-cost Haul unit had considered listing import charges for goods in light of new U.S. tariffs but denied looking at such a plan for its main website, after the White House accused it of a hostile political act.

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2025/04/28

Morning Bid: The toll from Trump's tariffs

The furious April for U.S. markets has calmed down a bit as the month draws to a close on Wednesday, and now its time to consider the costs to the real economy.

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2025/04/25

US bond funds attract first weekly inflow in six weeks

U.S. bond funds recorded net inflows in the week through April 23 for the first time in six weeks, as a selloff in U.S. bond markets eased and investors grew hopeful about a potential de-escalation in the trade war between the U.S. and China.

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2025/04/24

Drugmakers brace for Trump tariffs with production shifts

Several major drugmakers are counting on their manufacturing flexibility to counter potential disruptions from tariffs threatened by President Donald Trump on the sector.

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2025/04/23

Investors relieved Musk will refocus on Tesla, but worry about brand damage

Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company's brand.

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2025/04/22

Wall Street bounces back as earnings take focus over tariff chaos

U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports helped investors look past President Donald Trump's warnings of recession if the U.S. Federal Reserve does not cut interest rates, which sparked worries that the central bank could lose its essential autonomy.

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2025/04/21

US bond funds suffer fifth weekly outflow on tariff-driven inflation fears

U.S. bond funds came under heavy selling pressure in the week to April 16, highlighting concerns that U.S. President Donald Trump's tariff measures could fuel inflation and push the economy into a recession.

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2025/04/17

Dollar, US stock futures find some stability as trade talks help the mood

U.S. stock futures and the dollar rose on Thursday as traders took some heart from trade talks between the U.S. and Japan, though the positive mood was curbed by Fed Chair Jerome Powell saying the Fed would be cautious about cutting interest rates.

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