Esteban Ma
573 Articles
Esteban Ma, CFA Level 2 CANDIDATE, is a financial editor at TradingKey, mainly focusing on covering equities, cryptocurrencies and commodities. With two years of experience in crypto at Gate.io Research and three years in comprehensive finance, he specializes in cryptocurrency industry analysis and macroeconomic analysis.
He passed the Certificate of Security Qualification(CSQ) and Certificate of Futures Qualification(CFQ).
Written by Esteban Ma
Reviewed by Esteban Ma
China Holds June LPR Rates Steady – Trade War De-Escalation Leads to More Cautious Monetary Easing Outlook
TradingKey - On Friday, June 20, China released its June Loan Prime Rate (LPR) decision, with the one-year LPR rate held steady at 3.0%, and the five-year or longer LPR also unchanged at 3.5%, in line with market expectations.
Fri, Jun 20
Europe Returns to the Era of Zero Interest Rates! Swiss National Bank Warns of Intervention Against Strong Franc
TradingKey - While major central banks around the world remain hesitant about further rate cuts, the Swiss National Bank (SNB) has cut interest rates for the sixth consecutive meeting, pressured by deteriorating economic outlook and an abnormally strong Swiss franc. Its latest rate decision has ...
Fri, Jun 20
Why You Should Watch the Bank of Japan’s Rate Hikes? Has the Yen Lost Its Safe-Haven Status?
TradingKey - In global capital markets, the Bank of Japan's policy moves and yen exchange rate trends are often key indicators for investment decisions. In many cases, BOJ actions can influence global stock, bond, and currency markets, such as when a BOJ rate hike triggers international capital flow
Fri, Jun 20
The Biggest "Triple Witching" in History Approaches – Will the Israel-Iran Conflict Make U.S. Market Trading Wackier?
TradingKey - On Friday, June 20, U.S. financial markets will face the much-anticipated "Triple Witching" day, when stock index futures, stock index options, and stock options all expire simultaneously. This event is typically accompanied by high trading volume and increased market volatility.
Thu, Jun 19
Fed’s 2025 PCE Forecast Surpasses 3% – Peter Schiff: Rate Cuts Are the Cause, Not the Cure
TradingKey - Despite U.S. President Donald Trump's claims that high inflation does not exist, and his continued pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the June FOMC meeting's Summary of Economic Projections (SEP) continues to signal rising stagflation risks, with ...
Thu, Jun 19
Is Trump Destroying the EV Market? Bloomberg Report Says U.S. Electric Vehicle Adoption to Lag Global in the Long Term
TradingKey - U.S. President Donald Trump’s preference for traditional energy industries and ambivalent stance toward new energy sectors — including electric vehicles (EVs) — is evident. His administration's policies, such as the rollback of EV subsidies and weakening of state-level emissions ...
Wed, Jun 18
How to Price the Risk of the Potential Strait of Hormuz Closure? Oil Rises 10%, Tanker Rates Surge 40%!
TradingKey - While crude oil prices have risen around 10% since Israel's airstrikes on Iran last Friday, market concerns over the risk of a Strait of Hormuz closure are even greater — and tanker markets are pricing in far more extreme scenarios than oil futures.
Wed, Jun 18
Fed June Meeting Preview: The First Dot Plot Since Trump’s Tariffs – What Changes and What Doesn’t
TradingKey - On Wednesday, June 18, the Federal Open Market Committee (FOMC) will announce its latest monetary policy decision. Markets widely expect the Federal Reserve to keep interest rates unchanged, with the federal funds rate likely to remain at 4.25%–4.5% for the fourth consecutive meeting si
Wed, Jun 18
Wells Fargo Remains Fully Bearish on Tesla – Free Cash Flow to Turn Negative in 2025, Even Robotaxi Won’t Help
TradingKey - After rallying nearly 50% from its late-April lows, Tesla’s stock has recently shown signs of weakness ahead of its Robotaxi event on June 22. Wells Fargo analyst Colin Langan has reiterated his underweight rating on the stock, warning that a combination of weaker deliveries, declining
Wed, Jun 18
De-Dollarization Accelerates at Record Pace – WGC Survey: Central Banks Buy Gold, Reduce Dollar Reserves
TradingKey - Despite gold prices nearly doubling since the outbreak of the Russia-Ukraine conflict in 2022 — and amid JPMorgan’s forecast of a pause in Chinese central bank purchases and Citi’s bearish outlook on gold — the World Gold Council (WGC) has released new survey results showing that global
Wed, Jun 18
Trump Organization to Launch $499 “President Phone” – Experts: “Made in America” Looks to Be Vaporware
TradingKey - The Trump Organization has announced its latest venture — entering the telecommunications and smartphone manufacturing industry with the launch of Trump Mobile, a branded mobile network service, and the T1 smartphone, priced at $499.
Tue, Jun 17
Market Bets on AI + Advertising — Meta Shares Rebound 40% from April Lows as WhatsApp Enters the Age of Advertising
TradingKey - As open-source, cheaper, and more efficient AI technologies continue to challenge the justification for massive AI capital expenditures, Meta, the parent company of Facebook, has carved out a viable path for AI commercialization through its "AI + advertising" strategy — and investors...
Tue, Jun 17
U.S. 20-Year Bond Auction Stays Strong, But BofA Warns of “Unusual” Foreign Demand Weakness
TradingKey - Following last week’s auctions of 10-year and 30-year U.S. Treasuries, Monday’s 20-year bond auction delivered solid results, continuing to ease investor concerns over the long-end of the bond market. However, a recent report from Bank of America warns that cracks are emerging in ...
Tue, Jun 17
Stablecoin Arena Shakeup: Walmart & Amazon Jostle In; Visa-Mastercard's Monopoly Under Threat?
TradingKey - As blockchain technology becomes increasingly integrated into mainstream applications and the U.S. stablecoin legislation GENIUS Act advances smoothly, not only Wall Street financial institutions but also major retailers such as Walmart and Amazon are exploring the issuance of their own
Mon, Jun 16
China’s May Retail Sales Growth Hits Highest Since December 2023 – NBS: More Policy Tools in Reserve
TradingKey - According to the National Bureau of Statistics on June 16, China's total retail sales of consumer goods in May rose 6.4% year-on-year to reach CNY 413.26 billion, marking the fastest growth since December 2023. This reflects the positive impact of policies such as old-for-new appliance
Mon, Jun 16
BOJ June Meeting Preview: 2025 Rate Hikes Off the Table; Slowdown in Bond Purchase Cuts?
TradingKey - On Tuesday, June 17, 2025, the Bank of Japan (BOJ) will hold its monetary policy meeting. The market widely expects that the policy interest rate will remain unchanged at 0.5%. The key focus ahead of the meeting is likely to be how quickly the BOJ will reduce its pace of scaling back...
Mon, Jun 16
Trump: U.S. Could Get Involved in Israel-Iran Conflict; Its Stocks & Dollar Defy Fears with Surprising Resilience!
TradingKey - As the conflict between Israel and Iran enters its fourth day with no clear signs of de-escalation, market sentiment has taken a subtle turn. While concerns over a potential blockade of the Strait of Hormuz have kept oil and gold prices rising, U.S. stock futures remain positive, and ..
Mon, Jun 16
The Biggest Concern in the Israel-Iran Conflict: Will the Closure of the Strait of Hormuz Push Oil Prices Past $100?
TradingKey - The outbreak of conflict between Israel and Iran has shaken off the recent weakness in international oil prices, which surged 10% last week. Wall Street is now focused on whether this new front in the Middle East could lead to the closure of the Strait of Hormuz — a critical global oil
Mon, Jun 16
AMD Launches New AI Chips Outperforming NVIDIA – OpenAI Places First Order
TradingKey - On Thursday, June 12, during the Advancing AI Developer event, AMD unveiled its next-generation artificial intelligence (AI) chip, claiming significant performance advantages over all existing products from rival NVIDIA, and forecasting that the AI chip market will surge to over $500...
Fri, Jun 13
Trump Opens New "Frontier" – Drone Stocks Surge 30% in 4 Days as eVTOL Commercialization Accelerates
TradingKey - Following U.S. President Donald Trump’s executive order to accelerate drone development, drone-related stocks saw a sharp rally. Within just four trading days, shares of two leading electric vertical takeoff and landing (eVTOL) companies — Joby Aviation and Archer Aviation — surged...
Fri, Jun 13
