Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
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
Rupee seen steady near 95.40 as oil, RBI offset Fed worries
Traders expect the rupee to open around 95.40-95.44 per dollar on Thursday. Lower oil prices and steady RBI intervention are offsetting firm
Indian shares set to open higher as oil eases and Nvidia lifts tech
Indian shares are set to open higher after oil prices eased on signs of progress around the Strait of Hormuz, while Nvidia's upbeat results
Nikkei slips as chip stocks cool, but banks lift TOPIX
Japan's Nikkei 225 slipped on Thursday as chip-related stocks cooled, even as the broader TOPIX held up thanks to bank gains. Advantest, a k
Nvidia's AI demand outlook lifts Korean chip stocks despite rate hike
South Korean stocks climbed 1.2% as Nvidia's upbeat AI demand outlook lifted local chipmakers, even as the Bank of Korea raised its key inte
TSX slips 0.4% as metals cool and US auto tariff threat looms
Toronto's main stock index slipped 0.4% a day after hitting a record, as gold and other metals cooled and investors braced for a possible US
Treasury yields rise as July inflation holds steady, keeping Fed hike in play
July's PCE inflation held at 3.7%, matching June but not cooling as some hoped. That kept a September Fed rate hike on the table and nudged
Nvidia earnings and Hormuz talks take focus as inflation holds steady
July US inflation came in as expected, keeping rate-cut hopes in check. Now investors are turning to Nvidia's earnings and Iran-Oman talks o
Mota-Engil wins 30-year Congo rail deal to boost copper exports
Portugal's biggest builder, Mota-Engil, has won a 30-year concession to upgrade and run a key rail line in the Democratic Republic of Congo.