By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
BofA Cuts Sipchem Price Target but Keeps Buy Rating on Volume Growth
Bank of America cut its profit forecasts for Saudi chemicals maker Sipchem and lowered its price target to 16.5 riyals, yet kept a buy ratin
UAE stocks diverge as Gulf investors await Fed rate decision
UAE stocks ended mixed on Wednesday, with Abu Dhabi easing 0.2% and Dubai gaining 0.7%, as investors held back ahead of the US Federal Reser
Dollar Steady Near Highs as Fed Rate Hike Looms, Yen Weakens
The US dollar is hovering near recent highs as traders await a widely expected Federal Reserve rate hike. Japan's yen slipped to around 155.
BofA keeps Yansab underperform, raises target to 30 riyals
BofA Global Research kept its bearish stance on Yansab, raising its price target to 30 Saudi riyals. The bank warns that China-led oversuppl
Asian stocks rise as oil cools and tech steadies ahead of Fed decision
Asian stocks rose as oil prices cooled and tech shares steadied, with Brent crude slipping 1.1% to $107.60 a barrel. Investors are now focus
Copper edges up as China import demand signals strength
Copper prices edged higher after a key gauge of Chinese import demand climbed, signaling buyers are paying up for metal. Traders remain caut
FTSE 100 edges higher as oil cools and rate decisions loom
The FTSE 100 rose 0.34% as homebuilders jumped and oil prices cooled. Traders are watching today's Fed decision and tomorrow's Bank of Engla
Chip stocks lift South Korea and Taiwan as Fed rate decision looms
Chip-heavy South Korea and Taiwan lifted emerging Asian shares as traders braced for a widely expected Federal Reserve rate hike. A weaker w
McLaren's £500M bet: new SUV, in-house engines, and a Ferrari-style push
McLaren will spend £500 million on a new assembly plant, in-house engines and transmissions, and its first SUV. The move follows a post-acqu
Vietnam considers first dollar bond sale in over a decade
Vietnam is exploring its first sovereign US dollar bond in over a decade, a 10-year deal of $500 million to $1 billion. Banks suggest a coup
BofA sees urea prices supported into 2027, trims Sabic Agri-Nutrients target
Bank of America sees urea prices staying supported into 2027 on strong Indian imports and elevated gas costs, even as it trims its price tar
Nikkei snaps three-day losing streak as energy shares lead gains
Japan's Nikkei ended a three-day slide, rising 0.69% as energy shares led gains. Investors remain cautious ahead of Fed and BoJ rate decisio