By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Indian Rupee Slips to Near Three-Week Low as Dollar Strengthens on Yields and Fed Watch
The Indian rupee weakened to a near three-week low, closing down 0.6% at 95.2475 per dollar. Higher US Treasury yields pushed the dollar up,
US Car Sales Stay Flat in Q2 as Affluent Buyers and Hybrids Offset Higher Gas Prices
US auto sales remained flat in the second quarter at about 4.16 million vehicles, defying expectations of a slowdown from higher gas prices.
Markets Pause as Investors Eye US Jobs Data, Rising Yields and Yen Weakness
After a strong quarter led by chipmakers, markets are taking a breather. Investors are watching rising Treasury yields, a weaker yen, and st
Syngenta Names Insider Hengde Qin CEO as $10 Billion Hong Kong IPO Looms
Syngenta has named insider Hengde Qin as its new CEO, effective August 1, as the crop-science company continues preparations for a Hong Kong
Topps Tiles Warns Heatwave and Cheaper Tile Demand Will Squeeze Margins
Topps Tiles warned that extreme UK summer heat has paused builder work and customers are choosing cheaper tiles, squeezing its profit margin
Tesla's European Registrations Surge in France, Denmark, Sweden in June
Tesla's new vehicle registrations more than doubled in France and rose in Denmark and Sweden in June, signaling a potential demand rebound i
Aluminum Hits Four-Month Low as Middle East Risk Premium Fades, Dollar Strengthens
Aluminum prices dropped to a four-month low as traders removed risk premiums tied to Middle East tensions. A stronger dollar and expectation
European Stocks Slip as Iran Talks Stall and ECB Conference Awaited
European stocks took a breather after a strong quarter-end run, with the STOXX 600 slipping 0.3%. Iran-US talks appeared stuck again, and tr
Greggs CFO Richard Hutton Steps Down After 28 Years, Shares Dip 2.8%
Greggs CFO Richard Hutton is leaving after 28 years, replaced by Bakkavor's Ben Waldron in January. The news sent shares down 2.8% in early
Australia's Commodity Prices Dip in June as Base Metals Weaken
The RBA's commodity price index dropped 2.2% in June, pulled down by base metals. Rural commodities rose, and the decline was milder in Aust
Italian Sea Group Seeks Court Protection After Client Talks Stall
Italian Sea Group is heading to court for creditor protection after talks with some clients stalled. The move follows a court decision that
Primark Owner AB Foods Reaffirms 2026 Profit Below Last Year Amid Demerger Plans
Associated British Foods, owner of Primark and food brands, says 2026 profit will still be below last year despite steady sales. The company