Esteban Ma
💼TradingKey Financial Editor
🏅CFA Level 2 CANDIDATE
📊Stocks | Cryptocurrency | Commodities
Summary
Esteban Ma, CFA Level 2 CANDIDATE, is a financial editor at TradingKey, 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 and macroeconomic analysis.
Areas of Expertise
Macroeconomic Research: Analysing Federal Reserve policy, inflation trends, and employment growth
Crypto Finance: Analysing blockchain projects
Data Modeling: Proficient in building and analysing statistical models
Market Insights: Keenly capturing market trends, reporting headline news, and conducting in-depth analyses
Experience
TradingKey｜Financial Editor 2023 - Present · Shenzhen Responsible for writing and publishing real-time news and in-depth analysis articles in the fields of macroeconomics, stock markets, cryptocurrencies, and commodities. Gate.io｜Financial Analyst 2021 - 2023 · Shenzhen Focused on analysing blockchain projects and on-chain ecosystems, building models for traditional finance and crypto finance, and interpreting on-chain metrics and market trends.
Total 624 articles
U.S.-China Tariff Deal Exceeds Expectations, Risk Assets Rally in Major Reversal! Nasdaq Futures Up 3%, Hong Kong Stocks Jump 6%, Oil Rises 3%, Gold..
TradingKey – Following high-level economic and trade talks, both China and the United States announced "substantial progress" in their negotiations. According to a joint statement released on May 12, China will cut its tariffs on U.S. goods from 125% to 10%, while the U.S. will reduce tariffs on...
Mon, May 12
Crude Oil Market Imbalance: Weak Q1 Results from “King of Oil” Aramco May Be Just the Beginning
TradingKey – Before U.S. President Donald Trump’s official visit to Saudi Arabia, Saudi Aramco — the kingdom’s cash cow and the world’s largest oil producer — released its first-quarter 2025 earnings report. Affected by persistently weak global oil prices, Saudi Aramco’s profits fell by 4.6%...
Mon, May 12
U.S.-China Tariff Talks Bring Positive News, Could Chinese Yuan Return to the "6" Level?
TradingKey - Following two days of high-level talks over the weekend, U.S.-China trade negotiations have achieved "substantial progress," easing global trade tensions sparked by the tariff war under the Trump 2.0 administration. Goldman Sachs forecasts that the Chinese yuan could appreciate...
Mon, May 12
"Suicidal" Tax Cuts? Trump Undermines His Own Base: Plans to Raise Tax Rate to 39.6% on Wealthy
TradingKey – After facing fierce backlash over proposed cuts to Medicaid, U.S. President Trump, determined to extend his 2017 tax cuts and manage debt, has now turned his blade toward his own allies—considering higher taxes on the wealthy and eliminating the carried interest tax break for hedge...
Fri, May 9
U.S.-UK Talks Pave the Way: What Will Be Discussed in the China-U.S. Trade Negotiations That Could Impact Half the World?
TradingKey – After the U.S. and the UK reached the first tariff agreement in the Trump 2.0 trade-war era, the world’s eyes now turn to the China-U.S. trade talks. Despite the UK leading the charge, uncertainties still loom over the China-U.S. negotiation.
Fri, May 9
Understanding the U.S. Fiscal Framework: Is Trump’s Tariff-for-Tax-Cut Strategy Viable?
TradingKey – With the U.S. Senate and House of Representatives passing the budget resolution for President Donald Trump's second administration (Trump 2.0), his fiscal blueprint—centered on tax cuts, slashing government spending, and debt reduction—is moving forward. However, with federal debt at...
Fri, May 9
May Fed Meeting: Did Powell Have No Clue? Amid Recession Fears, Data Paints a Different Picture
TradingKey – The Federal Reserve’s May policy meeting concluded as expected with no rate cuts, but the post-meeting statement introduced new language flagging rising unemployment and increased risks to inflation. Against the backdrop of ongoing uncertainty in Trump’s tariff policies, Chair Powell...
Thu, May 8
What Will Be on the Table in the First Round of U.S.-China Trade Talks? Bessent: Expectations Exceed Agreements
TradingKey – On Tuesday, May 6, 2025, both China and the United States officially confirmed that their first round of tariff and trade negotiations will take place this weekend. This marks the first step toward thawing U.S.-China trade tensions since Donald Trump returned to the White House.
Wed, May 7
U.S. Trade Deficit Surges to Record High: Trump's Tariff Short-term Pain or Strategic Failure?
TradingKey – Despite strong opposition from economists, U.S. President Donald Trump remains steadfast in his belief that raising tariffs will reduce the U.S. trade deficit. Ahead of the so-called "reciprocal tariffs" that took effect in April, American companies rushed to import goods ahead of the..
Wed, May 7
May Fed Meeting Preview: Diminishing odds of rate cuts to defy Trump’s rate cut dream
TradingKey – This Wednesday afternoon, May 7, the Federal Reserve will announce its latest monetary policy decision. Despite repeated pressure from U.S. President Donald Trump and some “soft data” pointing toward the case for rate cuts, solid inflation and employment figures—the hard data...
Wed, May 7
Has the Weak Dollar Trend Ended? Goldman: The Worst Days of Dollar Depreciation Are Still Ahead
TradingKey - Despite the U.S. Dollar Index (DXY) falling below the 100 mark, the chorus of bearish calls on the dollar from Wall Street has not abated. Goldman Sachs believes that the negative impact of Trump's tariff policies on the U.S. economy may only become apparent in the summer, leaving...
Mon, Apr 28
Weak Dollar as a Safety Net for U.S. Stocks? Morgan Stanley Remains Bullish: The Quality Stock Cycle Isn’t Over
TradingKey - While major institutions have been advising against buying the dip in U.S. equities and continue to warn about the decline of American exceptionalism, Morgan Stanley analysts are bucking the trend, arguing that the weakening dollar is providing support for U.S. corporate earnings.
Mon, Apr 28
Doomsday Shadows Over the Dollar and U.S. Treasuries: Treasury Sales Pressure and Private Credit Risks Looming
TradingKey - Following the U.S. Treasury storm and the dollar's collapse in April, even with a rebound, the market appears unlikely to quickly regain confidence after such tsunami-like financial volatility. This episode may signal the beginning of a new world order or a new investment paradigm.
Mon, Apr 28
U.S. Price Hikes Surge: From Amazon, Temu, and Shein to Procter & Gamble and Unilever
TradingKey - Due to the impact of high tariff policies, whether it’s U.S. online retailers or offline consumer brands, cheap goods or luxury brands, American consumers are facing a wave of price increases. Fast-fashion giant Shein has even seen some products surge by more than threefold.
Mon, Apr 28
Preview of Trump’s First Economic Report Card: U.S. Q1 2025 GDP May Signal Official Recession
TradingKey - April 30, 2025, marks the 100th day of Donald Trump’s return to the White House, and the market will also receive the first economic report card of the Trump 2.0 administration—U.S. Q1 2025 GDP. Wall Street analysts widely predict that GDP growth will slow sharply to near-zero...
Mon, Apr 28
"Five Sins" of Trump 2.0's First 100 Days: How a Pro-Business President Undermines "America First"?
TradingKey - U.S. President Donald Trump is approaching the 100-day mark of his second term on April 30. However, sharp declines in U.S. stocks, bonds, and the dollar, alongside rising recession forecasts from Wall Street, reflect widespread dissatisfaction with his administration’s performance.
Mon, Apr 28
Outlook for Trump 2.0's Second 100 Days: Tax Cuts Bill – Widening Wealth Gap, Unwanted U.S. Debt?
TradingKey - In the first 100 days of Trump’s 2.0, his administration focused on cutting government spending, imposing high tariffs, and challenging the Federal Reserve. Looking ahead to the second 100 days of Trump 2.0, the centerpiece of his agenda will likely be a new tax cuts bill...
Sun, Apr 27
Behind Trump's Battle with the Fed: Is Not Firing Powell Just a "Scapegoat Strategy"?
TradingKey - The uproar over U.S. President Donald Trump’s threat to fire Federal Reserve Chair Jerome Powell has temporarily subsided. Some argue that this may be Trump’s "scapegoat strategy" to shift focus, instead of the pressure from the sharp declines in U.S. stocks and bonds.
Sun, Apr 27
Is a U.S. Economic Recession Looming This Summer? The Path: Early Buying in April, Weak Transport in May, Layoffs in June
TradingKey - Amid the shock of Trump's tariffs, signs of early purchasing and inventory replenishment have emerged among major U.S. companies, as reflected in their earnings reports and guidance. Wall Street economists predict that the economic downturn triggered by the U.S. trade war will become...
Sun, Apr 27
Intel Q1 Earnings Beat, Q2 Guidance Misses: This "Lesson" Deserves More Attention!
TradingKey - Former semiconductor giant Intel (INTC.US) reported stronger-than-expected earnings for the first quarter of 2025. However, weaker guidance for the second quarter sent its shares down 5% in after-hours trading. While concerns over the pace of business recovery and the impact of U.S...
Fri, Apr 25
