Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
RBI's Record $106.7B Forward Position Keeps Rupee Steady Near 94.68
The Indian rupee traded near 94.68 per US dollar as the RBI used record forward dollar sales to smooth volatility. The central bank's $106.7
ASX Drops 0.6% as Iran Tensions Push Oil to $73.31
The S&P/ASX 200 fell 0.6% as Middle East tensions pushed oil prices higher. Brent crude rose to $73.31 after Iran refused to meet US envoys.
Palm Oil Futures Rebound on Soyoil Strength and Weaker Ringgit
Malaysian palm oil futures rebounded Wednesday, lifted by firmer US soyoil prices and a weaker ringgit. Indonesia's new B50 biodiesel mandat
AI Enthusiasm Shifts to Chipmakers as Software Firms Face Rising Debt Costs
AI investing enthusiasm is moving from software companies spending on AI to chipmakers selling the picks and shovels. Meanwhile, lenders are
BayWa Extends Restructuring to 2030, Seeks to Convert €700 Million in Liabilities
BayWa has pushed its restructuring timeline to 2030, proposing to convert up to €700 million of liabilities into subordinated debt. The plan
Indian Bonds Edge Higher as Traders Eye Bloomberg Index Decision on FAR Debt
Indian government bonds edged higher as traders focused on Bloomberg's potential inclusion of FAR bonds in its Global Aggregate Index. Forei
New Zealand Stocks Flat as US-Iran Tensions and RBNZ Decision Loom
New Zealand stocks finished nearly flat as geopolitical uncertainty and anticipation of a Reserve Bank rate decision kept traders cautious.
Asia Stocks Pause After AI Rally as Dollar Strengthens on Iran Stalemate
Emerging Asia markets are pausing after a strong AI-driven run. Stalled US-Iran talks and higher US bond yields are strengthening the dollar
Asia's AI Rally Pauses as Dollar Strengthens and US-Iran Tensions Rise
Asia's AI-driven rally took a breather as a stronger dollar and US-Iran tensions made investors cautious. The MSCI EM Asia index remains up
European Stocks Rally as Oil Drops Toward $70, but US Earnings Still Lead
European stocks got a lift as oil slid back toward $70 a barrel after an Iran ceasefire eased supply fears. Still, many strategists say the
Battery Metal Prices Recover on Supply Cuts, But EV Demand Growth Slows
Supply cuts in key producing nations have lifted lithium, cobalt, and nickel prices from their recent lows. However, slower electric vehicle
Global M&A Hits Record $2.8 Trillion in First Half as Mega-Deals Dominate
Global M&A hit a record $2.8 trillion in the first half of 2026, fueled by a handful of mega-deals worth over $10 billion each. The number o