Wall Street’s macro traders eye their biggest haul in 16 years

Wall Street’s macro traders eye their biggest haul in 16 years

Firms including Goldman Sachs, JPMorgan Chase and Citigroup are expected to generate $165 billion in revenue from trading in fixed-income, credit and commodities this year, up 10% on 2024

Macro Traders Poised for Record Year

Wall Street’s macro traders are on track to record their best year since 2009, driven by increased client activity focused on shifting interest rate policies implemented by central banks worldwide. Major financial institutions such as Goldman Sachs Group, JPMorgan Chase & Co, and Citigroup are projected to collectively generate approximately $US165 billion ($255 billion) in revenue from trading in fixed-income, credit, and commodities this year.…