Esteban Ma
328 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
Analysts Hesitate as U.S.-China Talks Set the Framework, but Details Are Still Missing
TradingKey - The ongoing de-escalation in U.S.-China trade tensions has prompted Wall Street heavyweights like Morgan Stanley and Goldman Sachs to turn more bullish on U.S. stocks. However, many analysts remain cautious — while a consensus framework has been reached through the London negotiations..
Wed, Jun 11
Why Can't the U.S. Break Free from Its Dependence on Chinese Rare Earths? 4 Rare Earth Stocks to Watch
TradingKey - As the Trump 2.0 administration reignites global trade wars, China has demonstrated a firm stance that challenges U.S. political and economic ambitions. Behind China’s confidence lies a powerful card: its dominance in rare earth resources. China nearly monopolizes the global supply...
Wed, Jun 11
U.S. May CPI Preview: First Inflation Rise in 2025, Yet Wall Street Shifts Into Risk-On Mode
TradingKey - On Wednesday, June 11, the U.S. Bureau of Labor Statistics will release the May 2025 Consumer Price Index (CPI) report, offering critical insight into how Trump tariffs are being passed on to consumers. Ahead of the report, markets have increased bets on a single Federal Reserve rate...
Wed, Jun 11
Bitcoin Price Breaks Through $110,000 as Bitcoin ETF Scale Hits Milestone
TradingKey - With positive progress in China-U.S. trade negotiations, improved Trump-Musk relations, and ongoing advancement of the U.S. stablecoin legislation, Bitcoin's price has rebounded above the $110,000 mark and is approaching its all-time high. Against a backdrop where diversified investment
Tue, Jun 10
China-U.S. London Talks Signal Strongest Concessions Yet, Chip Stocks Surge! Hassett Says "Any" Export Controls to Be Eased
TradingKey - During the first day of the first meeting of the China-U.S. economic and trade consultation mechanism in London, the U.S. conveyed positive progress and a willingness to make broad concessions. News of potential eased semiconductor export restrictions to China boosted the semiconductor
Tue, Jun 10
AI Becomes Artificial Stupidity? Apple AI Research: Reasoning Models Overthink Simple Questions and Collapse on Complex Ones
TradingKey - As concerns grow over whether Apple (AAPL), the iPhone maker, is falling behind in the global race for artificial intelligence, a recent research paper from Apple has exposed what it calls the “illusion of intelligence” in today’s popular large reasoning models (LRMs).
Mon, Jun 9
How Will the Trump-Musk Feud Affect Tesla? Short-Term Pain, Long-Term Still Gains?
TradingKey - Although the so-called “Trump-Musk alliance” has largely collapsed, Wall Street analysts believe the fallout will mainly hurt Tesla’s electric vehicle sales in the short term. In the long run, however, Tesla still holds many strong, non-political cards that can sustain its growth...
Mon, Jun 9
A Major Test for Long-Dated Bonds – The 30-Year U.S. Treasury Auction, Analysts Say “Watch and Wait”
TradingKey - As global long-term bond markets remain turbulent due to concerns over soaring government deficits, this week’s $22 billion auction of 30-year U.S. Treasury bonds has drawn intense attention from Wall Street.
Mon, Jun 9
China’s May CPI Flat at -0.1%, PPI Deflation Accelerates as Auto Price Wars Intensify Factory Pressures
TradingKey - Weighed down by domestic manufacturers’ price wars, uncertainty from the U.S.-China tariff conflict, and weak domestic consumption, China’s May Consumer Price Index (CPI) and Producer Price Index (PPI) both continued to decline, with the PPI now in deflation for a 32nd consecutive month
Mon, Jun 9
First Meeting of China-U.S. Economic and Trade Consultation Mechanism – What’s on the Agenda Beyond Tariffs?
TradingKey - Following a phone call between Chinese President Xi Jinping and U.S. President Donald Trump — their first in nearly six months — China and the U.S. are set to hold the inaugural meeting of their economic and trade consultation mechanism in the UK. While tariff reductions remain a key...
Mon, Jun 9
Japan's Q1 GDP Confirmed to Have Contracted, Focus Turns to Japan-U.S. Talks for Prospects of BOJ Rate Hikes
TradingKey - Benefiting from improved consumption, the revised contraction for Japan's Q1 GDP in fiscal 2025 was less severe than initially estimated. Nevertheless, Japan's economy still shrank, adding uncertainty to the Bank of Japan's (BOJ) prospects for rate hikes. Ongoing trade negotiations...
Mon, Jun 9
Market Pressures Japan to Adjust Bond Supply and Demand; Eyes on BOJ Meeting in June, Potential Issuance Changes in July
TradingKey - Analysts expect Japan authorities to take action on both the supply and demand sides, potentially adjusting the Bank of Japan’s (BOJ) bond-buying program at its June meeting, with issuance changes expected as early as July.
Fri, Jun 6
Price War Has No Winners: BYD Sales Surge, Shares Fall as Short Bets Surge Over Tenfold
TradingKey - BYD (1211.HK), China’s leading electronic vehicle (EV) manufacturer, has once again ignited a fierce price war in the EV sector — boosting its monthly sales to a record high for 2025. Yet, the aggressive pricing strategy appears to have come at a cost: shares of the automaker have...
Fri, Jun 6
Trump and Musk Feud Sends Tesla Shares Plummeting, Shorts Pocket $4 Billion — Bulls Return as Tensions Ease
TradingKey - A public spat between U.S. President Donald Trump and Tesla CEO Elon Musk sent the electric vehicle giant’s shares tumbling nearly 14% on Thursday, marking one of the biggest single-day drops in its history. The sharp selloff handed short sellers an estimated $4 billion in profits...
Fri, Jun 6
U.S. and China Agree to Launch Second Round of Talks, Trump Might Grant China a 'Privilege'
TradingKey - Both sides agreed to resume the second round of trade negotiations, with Trump notably extending a welcome to Chinese students to study in the United States — marking a sharp contrast to his earlier stance restricting international student admissions at American universities.
Fri, Jun 6
Trump and Musk in Full Meltdown: Analysts Warn on Tesla Outlook, Can the U.S. Afford to Lose Musk?
TradingKey — The escalating public feud between U.S. President Donald Trump and Tesla CEO Elon Musk has spiraled into a full-blown market crisis. Tesla shares plunged more than 14%, wiping out a record USD 150 billion in market value — the largest single-day loss in the company’s history.
Fri, Jun 6
Trump's Dollar Dilemma: Why a Weaker USD Stings More Now
TradingKey – During Donald Trump’s second term in office, efforts to reduce trade deficits have clashed with attempts to preserve the dollar’s global dominance, leading to conflicting narratives around whether the administration favors a strong or weak dollar.
Thu, Jun 5
Lee Jae-myung’s Victory Sparks “Korea Revaluation” — Is the Era of the “Korea Discount” Over?
TradingKey - The successful election of Lee Jae-myung, the presidential candidate from the ruling Democratic Party who pledged political stability and economic revitalization, has brought a wave of optimism to South Korea’s stock market and currency.
Thu, Jun 5
U.S. May Nonfarm Payrolls Preview: Risk of Disappointing Jobs Looms, Can Unemployment Hold at 4.2%? S&P Braces for Volatility
TradingKey - The U.S. Bureau of Labor Statistics (BLS) will release the May nonfarm payrolls report on Friday, June 6, with investors closely scrutinizing the data for signs of labor market resilience or weakness. This comes after mixed signals earlier this week — JOLTS job openings unexpectedly...
Thu, Jun 5
Stablecoin Issuers to Become Second-Largest Holder of U.S. Treasuries by 2028?
Experts predict that the passage of the GENIUS Act, a landmark stablecoin regulation, could catalyze a tenfold expansion in the stablecoin market over the next three years. This growth is expected to result in stablecoin issuers becoming the second-largest holders of U.S. Treasury securities.
Thu, Jun 5
