Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
European ADRs slip 0.58% as Novo Nordisk, Sanofi drag while SAP gains
European ADRs traded in the US slipped 0.58% late Thursday morning, as losses in Novo Nordisk and Sanofi outweighed gains in Materialise and
Treasury yields dip as traders await Warsh's Jackson Hole speech
US Treasury yields edged lower Thursday as investors awaited Fed Chair Kevin Warsh's Jackson Hole speech for clues on the path of interest r
SoftBank, Nvidia in Deal Talks as M&A Wave Hits Banks and Asset Managers
Deal activity is heating up across finance and tech. SoftBank and Nvidia are reportedly in talks for stakes and buyouts, while Victory Capit
Nvidia's upbeat forecast revives AI rally, but Jackson Hole looms
Nvidia's upbeat forecast put AI stocks back in charge, lifting Nasdaq-100 futures. But the market's focus is shifting to Fed Chair Kevin War
Zinc rally cools as LME stockpiles climb to three-week high
Zinc's multi-year rally hit a speed bump as fresh metal flowed into LME warehouses, lifting inventories to a three-week high. Copper also ea
Saudi stocks edge lower as investors weigh US-Iran talks and Fed inflation data
Saudi stocks ended the week slightly lower as investors weighed diplomatic efforts to ease US-Iran tensions and a US inflation update that s
African currencies split: kwacha steady, cedi and shilling soften
African currencies are heading for a mixed week against the dollar. Zambia's kwacha is seen steady, Ghana's cedi and Uganda's shilling softe
India's bond buyers pull back as RBI tightening looms
India's government bond yields climbed as a heavy September auction calendar and expectations of RBI liquidity tightening dampened demand. T
Dollar firms as traders await jobless claims and Jackson Hole
The US dollar ticked up against major peers as traders paused ahead of key labor data and the Federal Reserve's Jackson Hole symposium. Fed
Sterling slips as traders trim Bank of England rate hike bets
Sterling weakened against the dollar and euro after traders trimmed expectations for Bank of England rate hikes. Markets now price less than
FTSE 100 slips 0.5% as Nvidia's AI boost fails to lift old-economy stocks
London's FTSE 100 fell 0.5% as a tech rally sparked by Nvidia's upbeat outlook was offset by declines in beverages, chemicals, and real esta
HDFC Bank's slide drags India's benchmarks lower on lawsuit, CEO worries
India's benchmarks fell Thursday, dragged by HDFC Bank's slide on reports of a possible US class-action lawsuit and renewed CEO contract que