Hedging

BT EXPLAINS

Why is silver whipsawing while gold steadies? Here’s what investors should know

Industry observers say thin liquidity and speculative unwinding are behind silver’s wild swings

Steve Brice (right), global chief investment officer of StanChart, and Albert Tse, chief executive of Amundi South Asia, say being overweight on gold has been their best investment call for 2025, and expect it to continue as a core growth driver for 2026.
BT INVESTMENT ROUNDTABLE

Gold’s bullish outlook makes it a core portfolio asset, not just a hedge, say panellists

The precious metal will likely continue to rally amid geopolitical uncertainty and central bank demand, observers say

Global consumption of bars and coins reached around a quarter of total silver demand in 2025; the figure continues to climb.

From Changi vaults to Asian markets, silver rallies even as caution grows

Heavy investor buying has pushed the metal into a persistent supply deficit despite softening industrial and jewellery demand

Rising concerns over Fed leadership, its independence, and US policy uncertainty have helped keep pressure on the US dollar, even as US stocks have rallied.

Foreign investors can exploit cheaper US dollar hedges as Fed easing resumes

Foreigners currently have more than US$30 trillion invested in US stocks and bonds

Indonesian President Prabowo Subianto (right) and his Brazilian counterpart Luiz Inacio Lula da Silva. Brazil, this year's Brics chair, announced Indonesia's entry as a full member into Brics.

S-E Asia’s Brics interest raises eyebrows as largest Asean members stir the US-China balancing act

Status check: Indonesia snags full membership; Thailand partners up; Malaysia, Vietnam stay in the wings; others wait and see

Should Vice-President Kamala Harris become the Democratic nominee, risk pricing is likely to look similar to what it was before Biden’s debate against Donald Trump.

Investors remember ‘stocks can go down too’, in return to hedging

Beyond politics, traders are watching whether technology company earnings can support still-lofty valuation

The effect of a rupiah depreciation is likely more severe for Indonesian property developers today because the unhedged portion of their US dollar borrowings has increased, said Moody’s Investor Service in a report on Thursday (Jun 9).

High risk of rupiah depreciation likely to hurt Indonesia property developers: Moody’s

Most developers, however, likely have enough liquidity to cover higher interest expenses

Bitcoin climbs after inflation jump rekindles hedging debate

Bitcoin climbs after inflation jump rekindles hedging debate

[LONDON] Bitcoin climbed above US$44,000 for the first time in a week as the most US inflation in four decades revives the debate about whether the cryptocurrency is a hedge against rising consumer pr...

Slump in Nordic power prices prompts hedging revival

Slump in Nordic power prices prompts hedging revival

[OSLO] After years of decline, the trading of Nordic power contracts is increasing again as electricity producers seek to protect future earnings from a slump in delivery prices to their lowest in 20 ...

Stars are aligned for cheap hedging costs to drive yen gains

Stars are aligned for cheap hedging costs to drive yen gains

[NEW YORK] It's been getting cheaper for Japanese investors to hedge their foreign-exchange risk and that has the potential to push the yen higher in the coming quarters.