Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
China State Buyer CMRG Tells Mills to Halt Fortescue Portside Deliveries
China Mineral Resources Group (CMRG) has told some Chinese steel mills not to accept certain Fortescue iron ore cargoes at ports from July 1
Asian ADRs Flat as Token Cat Surges 170%, Wipro Plunges 12%
US-traded Asian ADRs were nearly flat, but the index hid extreme swings. Token Cat jumped 170% and Wipro dropped 12%, highlighting the risks
Dollar Eases as Fed Official Strikes Calmer Inflation Tone; Yen Rebounds from 40-Year Low
The dollar took a breather after a senior Fed voice struck a calmer tone on inflation. The yen rebounded from a 40-year low as traders trimm
Gold Surges 2.1% as Weak ADP Hiring Data and Dovish Fed Comments Weigh on Yields
Spot gold rose 2.1% as softer private hiring data and dovish comments from former Fed governor Kevin Warsh pushed Treasury yields lower. Mar
Foreign Investors Pull $137 Billion from Asian AI Chip Stocks in Record Outflow
Foreign investors withdrew a net $137.36 billion from Asian stocks in the first half of the year, the fastest six-month outflow since at lea
South Africa's Rand Holds Near 16.37/$ as US-Iran Talks and Factory Sentiment Weigh
South Africa's rand remained near 16.37 per dollar on Wednesday, as traders weighed uncertainty around US-Iran talks and a June decline in f
US Futures Fall as ADP June Hiring Miss Signals Cooling Labor Market
US stock futures fell Wednesday after ADP data showed private employers added only 98,000 jobs in June, well below the expected 120,000. The
Aluminum and Copper Slide as Strong Dollar, Tariff Uncertainty Hit Base Metals
Aluminum and copper prices dropped sharply as a stronger dollar and rising US bond yields increased the cost of holding metal futures. Uncer
UAE Stocks Split as US-Iran Talks in Qatar Raise Hopes for Oil Flow Stability
UAE stocks showed mixed performance as investors weighed indirect US-Iran talks in Qatar. Abu Dhabi edged lower while Dubai gained, with Bre
Stock Futures Dip as Traders Await ADP Jobs and ISM Data Amid Tech Valuation Concerns
US stock futures slipped before the open as traders focused on Middle East tensions and stretched tech valuations. The market is waiting for
Dealmakers Stay Busy: ING Eyes Spanish Private Bank, Shell Sells Gulf Assets, South32 Shifts to Copper
Dealmakers are active across sectors, from ING's move into Spanish private banking to Shell's $1.7B Gulf asset sale and South32's $5.6B alum
Euro Zone Yields Rise Despite Cooling Inflation as US Rates Pull Global Markets Higher
Euro zone bond yields inched higher despite June inflation cooling to 2.8%, as rising US Treasury yields spilled into European markets. Inve