By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
RBC Cuts Methanex Target to $65, Sees Methanol Prices Past Peak
RBC analysts cut Methanex's price target to $65 from $70, even as they raised 2026-27 EBITDA forecasts. The move suggests methanol prices ha
China State Buyer CMRG Tells Mills to Halt Fortescue Portside Deliveries
China Mineral Resources Group (CMRG) has told some Chinese steel mills not to accept certain Fortescue iron ore cargoes at ports from July 1
Martin Marietta's $13.5B Lhoist Deal Raises Debt Concerns, UBS Says
Martin Marietta Materials plans to buy Lhoist North America for $13.5 billion. UBS likes the assets but notes the deal pushes leverage past
Asian ADRs Flat as Token Cat Surges 170%, Wipro Plunges 12%
US-traded Asian ADRs were nearly flat, but the index hid extreme swings. Token Cat jumped 170% and Wipro dropped 12%, highlighting the risks
Morgan Stanley Upgrades Grindr, Sees AI and Telehealth as Growth Drivers
Morgan Stanley upgraded Grindr to overweight, arguing its AI-powered EDGE tier and Woodwork telehealth service could drive significant reven
Gold Surges 2.1% as Weak ADP Hiring Data and Dovish Fed Comments Weigh on Yields
Spot gold rose 2.1% as softer private hiring data and dovish comments from former Fed governor Kevin Warsh pushed Treasury yields lower. Mar
South Africa's Rand Holds Near 16.37/$ as US-Iran Talks and Factory Sentiment Weigh
South Africa's rand remained near 16.37 per dollar on Wednesday, as traders weighed uncertainty around US-Iran talks and a June decline in f
Nike's Turnaround Drags On as China Sales Drop 17% and Revenue Forecast Weakens
Nike's turnaround is taking longer than expected, with China sales down 17% and revenue forecast to decline into early 2027. The stock slipp
Oxmiq Raises $35M to Simplify AI Chip Design with All-in-One IP Block
AI chip startup Oxmiq raised $35 million to make custom AI chip design cheaper and faster. The company plans to bundle CPU, GPU, and tensor
Finimize Portfolio July 2026: SpaceX IPO, SK Hynix, and Defense Stocks Under Review
The Finimize Portfolio's monthly check-in shows an average return of 32% since October 2024, beating benchmarks by 18 percentage points. Spa
Aluminum and Copper Slide as Strong Dollar, Tariff Uncertainty Hit Base Metals
Aluminum and copper prices dropped sharply as a stronger dollar and rising US bond yields increased the cost of holding metal futures. Uncer
Italy's €4 Billion Broadcast Tower Merger Stalls as RAI, Rai Way, EI Towers Fail to Agree on Valuation
Italy's state broadcaster RAI said Rai Way and EI Towers couldn't agree on valuation, stalling plans for a €4 billion national tower group.