By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
New Home Sales Slip, Oil Inventories Drop: Mixed Signals for Investors
US new-home sales slowed in May, dropping to a 580,000 annual pace, as high mortgage rates continue to weigh on buyers. Meanwhile, a big dro
Germany's Warship U-Turn Sends Defense Stocks Diverging: Winners and Losers
Germany's decision to cancel a major warship contract sent defense stocks in opposite directions. Rheinmetall tumbled 19% while TKMS surged
Toyota Narrows US Sales Gap with GM as Hybrid Demand Surges on High Gas Prices
Toyota is closing the sales gap with General Motors in the US as high gas prices drive buyers toward hybrids. Cox Automotive data shows Toyo
Stocks Rally as Oil and Bond Yields Slide, Banking Sector Lags
US stocks climbed Wednesday as oil prices and Treasury yields slid, with Brent crude falling to about $74 a barrel and the 10-year yield dro
European Stocks Split as Oil Plunges 3.5% and Dutch Urge US to Ease Chip Export Curbs
European stocks ended split Wednesday as oil's slide dragged energy and mining shares lower, while chip stocks faced political pressure over
Funds Boost Bearish Bets on Euronext Wheat as Commercials Trim Longs
Funds and other speculators raised their net short position on Euronext milling wheat to 26,018 contracts in the week to June 19. Commercial
Singapore Unveils Eight-Point Plan to Make AI Central to Economic Growth
Singapore released an eight-point plan to build an AI-empowered economy, focusing on partnerships, growth capital, and regular policy update
World Cup Ad Windfall Set to Boost Fox's Quarterly Results, UBS Says
UBS expects Fox's fiscal Q4 advertising revenue to jump 31% year over year, fueled by World Cup ad dollars. The investment bank estimates th