Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Yen's slide forces rare US-Japan intervention, flashing warning for record-high markets
The yen's sharp fall prompted a rare coordinated intervention by Japan and the US, the first since 2011. The move highlights the pressure bu
Latin American markets rally as dollar softens and commodities firm
MSCI's Latin America index jumped 2.3% on Friday, helped by a softer US dollar and firmer commodity prices. The region's currency gauge also
Citadel unwinds most of AI fund's portfolio after 67% July loss
Citadel slashed more than 80% of the AI-focused Situational Awareness portfolio it acquired last month, after the fund's tech-heavy bets los
Guggenheim closed-end fund drops to 2009 low after short-seller claims
Guggenheim Strategic Opportunities Fund hit its lowest level since March 2009 after short-seller claims it funded distributions by selling n
European ADRs rise as trivago and BioNTech lead Friday gains
European stocks trading in the US drifted higher Friday, with the S&P Europe Select ADR Index up 0.74%. Trivago and BioNTech led the gainers
Gold rally lifts Canada's TSX even as Treasury yields climb
Canada's TSX rose 0.6% on Friday, led by mining stocks as gold climbed. The gains came even as US Treasury yields pushed higher and Canada-U
Gold's rally to $4,600 gets a boost from options market dynamics
Gold is approaching $4,600 an ounce, and Goldman Sachs warns that a surge in bullish options could amplify price swings around key levels. H
KKR-led group to buy Australia's Steadfast in A$7.7 billion deal
A KKR-backed consortium has agreed to buy Australia's Steadfast Group for A$7.7 billion. The deal topped a busy day that also saw Monte dei
Zinc hits four-year high as LME inventories tighten
Zinc jumped to $3,823.85 a ton on the LME, its highest in four years, as warehouse stocks tightened. But Chinese inventories are building, c
KKR-led group to buy Australia's Steadfast for A$7.7 billion
A KKR-backed consortium will buy Australia's Steadfast Group for A$7.7 billion, paying A$6 per share—a 52% premium to the last close. The de
UAE stocks split as Hormuz shipping slowdown rattles markets
UAE markets ended the week mixed: Abu Dhabi dropped 0.7% while Dubai edged up 0.3%. A slowdown in Hormuz shipping and tougher US talk on Ira
India's FX reserves near record as RBI pulls in dollars
India's foreign exchange reserves jumped nearly $10 billion to $716.9 billion, approaching a record high. The RBI's recent measures have att