Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
AI data center boom may be masking a profits reality check
S&P 500 earnings look strong, but one strategist cautions that the AI data center boom may be propped up by a financial loop, not just real
NZX 50 rises 0.68% as tech rally lifts mood despite higher unemployment
The S&P/NZX 50 gained 0.68% to 13,997.18, following a strong US tech rally. But local data showed unemployment rising to 5.6% and commodity
Rio Tinto warns iron ore supply gap looms as aging mines falter
Rio Tinto warns that iron ore's next decade will be defined by a supply shortage, not weak demand. The miner says only 300 million tonnes of
FTSE 100 set to rise as oil slide continues, miners and mid-caps shine
FTSE 100 futures point to a firmer open as oil extends its slide, weighing on energy stocks but helping other sectors. Miners and mid-caps a
India expands LIC stake sale to 6.5% after strong investor demand
India's government is selling a larger stake in Life Insurance Corporation after investors subscribed 3.32 times to Tuesday's offer. The ful
Rupee steadies near 95 per dollar as oil prices cool
India's rupee is edging toward 95 per dollar as falling oil prices ease import costs. The RBI's steady intervention and expectations of unch
Indian shares set to rise as RBI holds rates, inflation in focus
Indian stocks are poised to open higher as the RBI is widely expected to hold rates steady. Investors are focused on Governor Sanjay Malhotr
Oil's slide points to higher open for Australian shares
Oil prices dropped more than 5% on hopes of US-Iran progress, easing supply fears. Australian shares are set to open higher, supported by a
Japan PM privately urges BOJ to step up bond buying if yields spike
Japan's prime minister has privately urged the central bank to intervene in the bond market if long-term yields rise too fast. The request h
Hearst to Buy Disney's A+E Stake for $1.2B, Taking Full Control
Hearst will pay $1.2 billion to acquire Disney's half of A+E Networks, giving it full ownership of A&E, Lifetime, and History. The deal lets
Spain's IBEX outshines US as investors seek a break from tech
European indexes are on the rise as investors look beyond tech-heavy markets. Spain's IBEX, with its heavy weighting in banks and utilities,
Loonie slips to six-day low as oil drops and US tariffs loom
Canada's dollar slipped to a six-day low even as June's trade surplus hit a four-year high. A 5.7% drop in oil and fresh US tariff worries w