Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
AI Chip Stocks in South Korea and Taiwan Tumble on Demand Doubts
AI chip stocks in South Korea and Taiwan sold off after a rally, as investors questioned whether the industry is building capacity faster th
Japan Bond Yields Hit Mid-May High as Weak Auction and Fiscal Shift Rattle Markets
Japan's government bond yields hit their highest since mid-May after a weak auction, while the yen strengthened as traders watched for possi
Columbia Threadneedle and Patrizia Merge UK Property Trusts into £1.5 Billion Fund
Columbia Threadneedle and Patrizia are merging two UK property trusts into a roughly £1.5 billion fund. The deal aims to provide scale and d
Rand Edges Higher as Dollar Slips Ahead of US Jobs Report
The rand strengthened slightly to 16.3750 per dollar as the greenback slipped. Markets are focused on the upcoming US nonfarm payrolls repor
European Stocks Edge Lower as AI Rally Pauses Ahead of US Jobs Data
European stocks edged lower as the AI-driven tech rally took a breather. Investors are waiting for the US June jobs report to gauge the next
South Korean Stocks Tumble 8% as Defense Sector Deal Offers Rare Bright Spot
South Korean stocks plunged Thursday, with the KOSPI dropping 8% and the KOSDAQ sliding 7.7%, even as US-Iran talks in Doha eased geopolitic
Indian Rupee Slips as Central Bank Dollar Support Fades, USD/INR Breaches 95
The Indian rupee lost ground as central bank dollar sales faded, allowing USD/INR to breach the key 95 level. Arbitrage demand and stop-loss
New Zealand Stocks Dip as Wall Street Chip Sell-Off and Weak Housing Data Weigh
The S&P/NZX 50 slipped 0.21% as a sharp drop in US semiconductor stocks rippled into Asian markets. New Zealand housing data added to the ca
FTSE 100 Set for Higher Open as Oil Eases, BoE Governor Dampens Rate Cut Hopes
The FTSE 100 is poised for a slightly higher open as falling oil prices ease inflation concerns. However, Bank of England Governor Andrew Ba
China Chip Stocks Tumble After Rally; Alibaba, Tencent Lift Hong Kong
China's mainland chipmakers led a stock slide after a massive rally, while Hong Kong shares rebounded on gains in Alibaba and Tencent. Inves
Japan's JBIC Eyes Up to ¥80 Billion Loan for India's Power Grid Project
Japan's JBIC is considering joining a syndicated loan of up to ¥80 billion to support Power Grid Corporation of India's high-voltage direct
Indian Stocks Edge Higher as Falling Oil Prices and IT Rebound Lift Sentiment
Indian stocks edged higher as Brent crude fell below $71 on positive US-Iran talks, easing import cost fears. IT shares also rebounded after