By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Copper holds firm as LME inventories tighten and dollar softens
Copper prices held steady on Friday, supported by a softer US dollar and shrinking LME warehouse stocks. Inventories fell 21% in July, with
Adani Energy Solutions may return to markets for more cash
Adani Energy Solutions may tap institutional investors again by early next fiscal year after its 35 billion-rupee share sale drew triple the
Aussie and kiwi dollars hold multi-week highs after yen intervention
Japan's yen intervention rattled currency markets, helping the Aussie and kiwi hold multi-week highs against the US dollar. Traders are also
Yuan Hits Three-Year High, PBOC Sets Weaker Fixing to Cool Rally
The yuan touched its strongest level in over three years, but the PBOC pushed back with a weaker daily fixing. The move signals Beijing's ca
Nikkei 225 heads into packed earnings week with Toyota, Nintendo, SoftBank
Japan's Nikkei 225 is set for a packed earnings week, with heavyweights like Toyota, Nintendo, and SoftBank Group reporting. The releases co
Foreign inflows and Microsoft's forecast lift Indian shares at open
Indian shares were set to open higher after foreign investors poured $864 million into local equities over two sessions. A tech-led rebound
India's July 31 data and earnings set up a busy day for markets
India's markets face a busy July 31, with June's fiscal deficit and weekly FX reserves data due, alongside a packed slate of earnings and sh
Australian shares head for fourth monthly gain as banks, miners rally
Australian stocks climbed 1% on Friday, putting the S&P/ASX 200 on track for a fourth straight monthly gain. Banks and miners led the rally,
Gold heads for best month since February as Fed bets and Suez risks collide
Gold is hovering near $4,096 an ounce, poised for its first monthly gain in five months. Traders are balancing softer Fed rate expectations
Alliant Energy beats profit estimates as rate hikes and data center demand boost results
Alliant Energy beat second-quarter profit estimates as higher regulated electricity rates in Iowa and Wisconsin and growing data center dema
Mettler-Toledo raises profit forecast after strong lab instrument sales
Mettler-Toledo raised its full-year profit forecast after a strong second quarter. The precision instruments maker beat earnings estimates a
Tech selloff pressures hedge funds as banks tighten lending terms
Hedge funds that piled into tech and AI stocks are feeling the heat as the Nasdaq 100 slides 7%. Banks that lent them money are demanding mo