Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Singapore shares slip 0.7% as profit-taking outweighs Metech jump
Singapore's benchmark index dipped 0.7% on Thursday as traders took profits after a recent run-up. Meanwhile, small-cap Metech jumped 11% fo
Zinc's rally stalls as stronger dollar outweighs tight supply
Zinc prices slipped Thursday after a six-day rally, as the stronger US dollar outweighed signs of tight supply outside China. The pullback h
European stocks flat as Nvidia lifts tech, oil slips on Iran-Qatar talks
European stocks finished nearly unchanged as a tech rally, sparked by Nvidia's upbeat revenue forecast, was offset by declines in old-econom
Rand steadies near 15.95 as traders await inflation and Jackson Hole
The rand is trading around 15.95 per US dollar, with investors waiting for July producer inflation figures and the Jackson Hole central bank
Rupee steady as USD/INR swap costs spike on FCNR(B) liquidity
The rupee barely moved, but traders paid more to swap dollars as FCNR(B) liquidity met heavy demand at the RBI reference rate. One-day swap
Bank of Korea rate hike steadies won as Nvidia lifts chip stocks
The Bank of Korea raised its benchmark rate to 3.00% for a second straight meeting, helping the won firm to 1,377.40 per dollar. Nvidia's st
Gold edges higher as traders await Fed's Jackson Hole signal
Gold prices ticked up 0.6% to $4,618.93 as traders positioned ahead of Fed Chair Kevin Warsh's Jackson Hole speech. The dollar's steadiness
Nvidia's AI forecast lifts China hardware stocks, Hong Kong dips
Nvidia's upbeat AI chip outlook spilled into Chinese markets, lifting onshore hardware and 5G stocks while Hong Kong's tech-heavy index dipp
AU-backed ratings agency targets Africa's borrowing costs
The African Union-backed APRM will launch a continent-wide credit ratings agency in October, aiming to lower borrowing costs. The move comes
Zinc prices hit four-year high as supply tightens outside China
Zinc prices have surged to their highest level in over four years, driven by tight physical supply outside China and growing speculative pos
Yuan Holds Near 6.72 as Traders Await Fed Chief's Jackson Hole Speech
The yuan held near 6.72 per dollar as traders positioned for Fed Chair Kevin Warsh's Jackson Hole speech. A weaker-than-expected PBOC midpoi
Nordic Compass explores single stock exchange for four countries
Nordic Compass, backed by EQT, Nordea, SEB, and the Novo Nordisk Foundation, is exploring a single bourse for four Nordic countries. The goa