【Wall Street Macro Traders Will Have The Worst Year Since The Pandemic】Affected By Tight Profit Margins And Macroeconomic Background Challenges, The Foreign Exchange And Interest Rate Transaction Revenue Of Banks Around The World Is Expected To Hit The Lowest Level Since The Pandemic. According To Coalition Greenwich Data, More Than 250 Companies, Including Goldman Sachs, J.P. Morgan Chase, Citigroup, And Morgan Stanley, Are Expected To Earn 32 Billion US Dollars In Revenue From G10 Group Interest Rate Transactions And 16.7 Billion US Dollars In Revenue From Currency Transactions, Down 17% And 9% Respectively From Last Year. Investors' Confidence In Making Major Macroeconomic Predictions Declined This Year As Economic Data Unexpectedly Hit Bets On Interest Rate Cuts By Major Central Banks Around The World. The US Presidential Election, Which Seemed To Be Evenly Balanced, And The Cancellation Of The Once Popular Japanese Yen Financing Arbitrage Deal Also Made The Market Uneasy. Angad Chhatwal, Head Of Global Macro Markets At Coalition Greenwich, Said, “2024 Is A Year Of Wait And See.” “Hedge Funds Occasionally Enter The Market Around Data Points And Events, But Compared To Previous Years, They Are Less Active.” Chhatwal Said That Macro-Transaction Revenue Was Also Hit By Tightening Profit Margins This Year, As Increased Competition In The Industry And Advances In Electronic Trading Weighed Down Prices