Bepace.finance

There is a record level of bearish stock market bets held by hedge funds

This big rally that broke out in the middle of a bear market is making hedge funds increasingly skeptical.

Yuan eases on surprise PBOC rate cut as Chinese recovery falters

Australian and New Zealand dollars fell from near two-month highs against the greenback on Monday after disappointing data from China, a key trading partner, while the Chinese yuan weakened after a surprise interest rate cut.