By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
China's central bank boosts gold buying to 21-month high in July
China's central bank bought 640,000 ounces of gold in July, its biggest monthly haul since October 2023, extending a 21-month buying streak.
European stocks edge higher but oil and jobs data keep gains in check
European shares edged up Friday, led by healthcare, but oil prices held above $83 and fresh Middle East tensions kept gains modest. Investor
Jefferies reshuffles India portfolio as credit growth hits 17-18%
Jefferies is rebalancing its India portfolio as credit growth runs at 17-18% and foreign money returns. RBI steps are helping stabilize the
MPS beats profit forecasts as it weighs options against Intesa's €36B bid
Banca Monte dei Paschi di Siena beat expectations with €610 million in quarterly profit and highlighted a strong capital position as it weig
Japan's 2-Year Bond Yield Hits 31-Year High on BOJ Rate Hike Bets
Japan's 2-year government bond yield climbed to 1.605%, its highest since 1995, as traders bet on a Bank of Japan rate hike as early as Sept
ByteDance reportedly trains 10-trillion-parameter AI model
ByteDance is reportedly pre-training an AI model with up to 10 trillion parameters, a scale that could rival Anthropic's Mythos. The move si
South Africa's busy Friday meets US jobs report: what to watch
South Africa has a packed Friday with July reserves, business confidence, and bond auctions, but the US jobs report could steal the show. He
China's central bank shifts gold reserves to Hong Kong, backing bullion hub push
China's central bank is reportedly shifting some of its gold storage from London to Hong Kong, adding bars there over recent months. The mov
Spire Healthcare Extends Toscafund Takeover Deadline for Fourth Time
Spire Healthcare has again extended Toscafund's deadline to make a formal 250p-a-share takeover offer, now set for August 21. This fourth ex
RBI's quiet dollar sales keep rupee steady as oil climbs
The rupee stayed near a one-month high even as oil prices climbed on Strait of Hormuz worries. Traders say the RBI quietly sold dollars via
China's yuan holds near 3-1/2-year high as exports beat forecasts
China's yuan remained near a 3-1/2-year high as July exports rose more than expected, widening the trade surplus. The PBOC set a weaker dail
Palm oil slips on rival oils, but crude rally cushions fall
Malaysian palm oil futures fell again, dragged by weaker rival edible oils, but a climb in crude oil prices helped limit the decline. The be