In 2019, fixed income was king. Many macro funds turned rates to rates RV and duration trading, and many went as far as shutting down currency risk taking. This trend was also prevalent within pension funds. They focused on equity and credit beta, and the hedging benefit offered by duration,…
US equity indexes were higher on the week: DJIA +3.8%, S&P 500 and NASDAQ were both up +2.5%. Friday summed up the themes impacting the market this week when rising US-China tensions and continued uncertainty about the new US coronavirus stimulus package outweighed optimism from the decent July US jobs…
US equity indexes slightly mixed to higher on the week. DJIA -0.16%, S&P 500 +1.73%, and NASDAQ +3.69%. Market focus was on US Q2 GDP, the Federal Reserve Board monetary policy meeting, and major tech company earnings. On Wednesday, the FOMC left the policy setting unchanged and noted that “the path…
Week In Review US equity indexes finished lower on the week. DJIA -0.7%, S&P 500 -0.2%, and NASDAQ -1.3%. Technology shares and tech-heavy NASDAQ fared the worst. The week started with positive sentiment with an agreement on the EU Budget and Next Generation EU (NGEU) Recovery Fund out of a marathon…
Week In Review US equity indexes were mixed on the week. The S&P 500 and DJIA were up +1.2% and +2.3% respectively. Nasdaq fell -1.1% as major tech names were lower. On the positive side, investors focused on upbeat vaccine news. On the negative side, investors were concerned with rising coronavirus…
Jens Nordvig on Bloomberg Surveillance – July 13, 2020.
Week In Review The week started off in risk-on mode on Monday as Shanghai Composite was up 5.71% in the Asia trading session. The positive equity index price action followed through to the European and New York trading sessions on the day. China equities remained in focus throughout the week…
By Grant Wilson, Alex Etra, Web Begole and Jens Nordvig The alternative data (“Alt-Data”) revolution was well underway before the COVID-19 shock. However the pandemic has dramatically accelerated the trend. We think financial market participants face a choice: embrace the revolution, or wither. We made this point in our inaugural…
Dear Friends and Colleagues, We are pleased to announced two senior additions to the Exante Data team, which will help us build analytical depth and expand our client reach globally. We are pleased that Amelia Bourdeau is joining Exante to lead new initiatives on external communication. Amelia has a unique…
Grant Wilson, Head of Asia Pacific, sat down with Oliver Renick and TD Ameritrade Network. They discussed our latest views about the US states with concerning COVID19 confirmed case growth, whether the emergence of a second wave has as dramatic implications as back in February at the onset of the…
Click Here to listen. EPISODE SUMMARY As our crisis series of the Alpha Exchange continues, I was pleased to have the opportunity to engage with Jens Nordvig, the founder and CEO of Exante Data. After stints at both Goldman Sachs and Nomura, Jens launched his independent firm in 2016 with…
By Jens Nordvig, Founder and CEO of Exante Data Inc. Europe is facing an unprecedented shock from the coronavirus, and policy makers are starting to put in motion a historical policy response. The European Commission yesterday proposed a EUR750bn Recovery Fund, based on the ideas outlined by Chancellor Merkel and…
