Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Blue Owl Private Credit Redemptions Ease but 5% Cap Stays in Place
Blue Owl Capital says investors requested $4.7 billion in withdrawals from two private credit funds last quarter. While requests cooled, the
European ADRs Jump 2.2% as Biotech Stocks Cellectis, BioNTech Lead Gains
European stocks trading in the US climbed 2.21% late Thursday morning, with biotech names leading the charge. Cellectis jumped 14% and BioNT
TSX Edges Higher as Gold Jumps on Softer US Jobs Data, Rate Hike Odds Fade
A softer-than-expected US June jobs report cooled the dollar and boosted gold, helping Canada's TSX edge higher. Traders trimmed near-term F
Asia 50 ADR Index Surges 2.22% as Shinhan Financial and Korea Electric Power Lead Gains
Asian stocks trading in the US as ADRs jumped early Thursday, with the S&P Asia 50 ADR Index climbing 2.22% to 2,904.10. The rally was led b
Hedge Fund Stockpickers Surge 17% in First Half, Led by Healthcare Bets
Stock-picking hedge funds posted strong first-half returns, with Goldman Sachs' fundamental long-short group up roughly 17%. Healthcare bets
Rising Vet Bills Cool US Pet Ownership, Sparking Deal Talk in Pet E-Commerce
Bank of America says rising vet bills have reduced US pet ownership by 2.6% in two years. The trend is dragging down valuations of pet-relat
Australia Warns China's State-Backed Iron Ore Buyer Could Push Prices Lower
Australia's Department of Industry says China's state-backed iron ore buyer is pushing for pricing changes that could drag benchmarks lower.
Mixed Jobs Data Leaves Wall Street Divided as Gold Rises and Oil Falls
June's jobs report came in well below expectations at 57,000 new payrolls, but a dip in the unemployment rate to 4.2% muddied the picture. S
Blue Owl Keeps 5% Exit Cap as Redemption Requests Ease to $4.7 Billion
Blue Owl Capital kept a 5% quarterly withdrawal cap on two non-traded private credit funds, even as redemption requests fell to $4.7 billion
Aluminum Prices Hit Four-Month Low as Middle East Supply Returns
Aluminum prices slid to a four-month low on the London Metal Exchange as Middle East supply returns faster than expected. Traders are unwind
FTSE 100 Edges Up as AstraZeneca Deal Boosts Healthcare; US Jobs Data in Focus
The FTSE 100 edged higher as AstraZeneca's $1.77 billion kidney-drug deal lifted healthcare stocks. Investors are watching Friday's US jobs
Brazil's Mining Plan 2050 Aims to Slash Permit Times and Boost Critical Mineral Output
Brazil's government has proposed a long-term mining plan to cut permit review times in half and increase its share of global critical minera