Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Yen Plunges to 40-Year Low as US Yields Surge, Tokyo Intervention Looms
The yen fell to 162.84 per dollar, its lowest since 1986, as US Treasury yields climbed. Investors are watching for possible intervention by
Gold Slips to Seven-Month Low as Rising Yields and Strong Dollar Weigh
Gold prices slid again on Tuesday, dropping 0.8% to $3,974.01 and touching a seven-month low. Rising US Treasury yields and a stronger dolla
French Deal Spree: KKR's $4.2B Renewables Buy and CMA CGM's $1.4B FedEx Talks
French companies and investors stayed busy this week with two major deals: KKR's $4.2 billion purchase of EDF's North American renewables an
Aussie and Kiwi Dollars Slide as Fed Rate Expectations Outpace Local Central Banks
The Australian and New Zealand dollars slipped as traders grew more confident the Fed will keep rates higher, while paring back bets on near
China Stocks Rise as Factory Data Extends Seven-Month Run, Boosting Xi's Growth Narrative
China's stock markets rose after a business survey showed factory activity expanded for a seventh straight month in June, supporting Preside
Magnificent Seven Slump as AI Spending Fears Shift Market Focus to Chipmakers and Japan's Yen Hits 40-Year Low
The Magnificent Seven tech giants saw their stocks slide in June as investors worried about AI spending. Meanwhile, chipmakers surged and Ja
Asia's Big Investors Stress-Test AI Costs, Private Credit Risks, and Indonesia's Fiscal Credibility
Fitch Ratings says Asian institutional investors are stress-testing three key areas: AI infrastructure costs and worker displacement, transp
Japan's Nikkei Extends Rally as AI Chip Stocks Surge, but Profit-Taking Caps Gains
Japan's Nikkei rose for a third straight session, powered by AI-related chip stocks, but early gains faded as profit-taking kicked in. The B
Indian Stocks Eye Higher Open as GIFT Nifty Rises, but Foreign Selling and Iran Tensions Cap Gains
Indian stocks are poised for a higher open after two weak sessions, with GIFT Nifty futures pointing above Tuesday's close. But persistent f
KOSPI Drops 2% as Foreign Investors Cash Out of Chip Stocks Despite Record AI-Driven Exports
South Korean shares slid more than 2% as overseas investors took profits in chip giants Samsung and SK Hynix. The selloff came despite recor
Corn and Wheat Futures Rise as USDA Reports Tighter US Grain Supplies
Corn and wheat futures ticked up after the USDA reported June 1 stockpiles and wheat acreage below analyst forecasts, signaling tighter US s
Singapore Stocks Rise as Oil Posts Steepest Quarterly Drop Since 2020 on US-Iran Ceasefire
Singapore stocks opened higher as oil prices tumbled, with Brent crude logging its steepest quarterly decline since the first quarter of 202