By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
DAX slips as Hormuz transit deal hopes meet investor skepticism
Germany's DAX dipped 0.29% as investors weighed reports of a possible 60-day fee-free transit plan for the Strait of Hormuz. Skepticism pers
Morgan Stanley lifts Wayfair price target to $145 on US market share gains
Morgan Stanley raised its price target on Wayfair to $145 from $110, pointing to loyalty, tech upgrades, and logistics as drivers of US mark
Amex Gold advances Perron project with portal blast complete
Amex Gold has completed portal drill-and-blast work at its Perron project in Quebec, clearing the way for underground ramp development. The
Latin American markets climb as softer dollar lifts currencies and commodities
MSCI's Latin America equities index gained about 0.8% as the real, peso, and Chilean peso firmed alongside higher commodity prices. A softer
Anthropic builds in-house chip team to ease AI supply crunch
Anthropic is assembling an in-house team to design custom AI chips for its Claude models, a move to ease the supply crunch on high-end proce
Glencore's ASX listing pitch targets Australia's $4.4 trillion pension pool
Glencore is proposing a secondary listing on the ASX via CHESS Depositary Interests, aiming to join the ASX 200 within a year. The move woul
Saudi stocks edge higher as US-Iran talks raise hopes for Hormuz reopening
Saudi stocks edged up after President Trump said the US and Iran are having 'very good discussions' about reopening the Strait of Hormuz. Th
AI stocks slip despite strong results as spending and lock-up worries weigh
Stock futures edged higher Wednesday, yet SpaceX and Advanced Micro Devices shares slipped despite beating expectations. Investors focused o
Schaeffler expands German retirement plan, bets on robot orders
Schaeffler is widening a partial-retirement program for about 1,300 workers in Germany, taking a €51 million charge in 2026. The move comes
S&P 500 futures rise on ceasefire hopes and Arista's strong outlook
S&P 500 futures rose 0.4% after Tuesday's record close, buoyed by reports of a possible ceasefire in the Persian Gulf and a strong earnings
UBS cuts adidas to neutral, warns margins may have peaked
UBS downgraded adidas to neutral, warning that profit margins may have peaked. The bank cut its price target to €173 from €219 and sees 2028
Commercial Bank International's Q2 profit surge keeps FAB Securities bullish
Commercial Bank International's second-quarter net profit more than doubled to AED 95 million, beating expectations. FAB Securities kept its