Bet On Markets
Key Facts
Abbreviation
BOM
Pronunciation
/bɛt ɔn ˈmɑrkɪts/
Category
Miscellaneous
Related Field
Unclassified
Examples in Context
- The move, announced yesterday, means investors holding Renminbi deposits in Hong Kong or elsewhere outside mainland China can use the currency to bet on markets including metals, grains and energy.
- Many Chinese funds had bet that a slowing economy would weigh on copper while a subsequent loosening of monetary policy would boost equities, leading them to take opposing positions in the two markets.
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