Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
China's Top Credit Rater Gains Power to Pause Ratings When Clients Withhold Data
China Chengxin International Credit Rating (CCXI) can now pause a borrower's rating when key information is withheld. The move comes as down
Baltic Dry Index Hits Two-Month Low as Capesize Rates Slump on Weaker Commodity Demand
The Baltic Dry Index slid to a two-month low of 2,490, extending its losing streak to six sessions. Capesize rates dropped 2.8%, signaling s
Texas Real Estate Giants Hunt, Crow Join Empery Digital in $230M Data Center Push
Two Texas real estate dynasties are partnering with Nasdaq-listed Empery Digital to convert a Midwest industrial site into a data center. Th
Rocket Lab and Martin Marietta Lead $22.5 Billion M&A Wave Across Sectors
Monday saw a surge in M&A activity, led by Rocket Lab's $8 billion acquisition of Iridium and Martin Marietta's $13.5 billion deal for Lhois
Guinea Bans Raw Gold Exports, Backs $30M Refinery to Capture Local Value
Guinea has banned raw gold exports and is backing a $30 million refinery set to start in July. The move aims to capture more value from the
TSX Futures Edge Up as Iran-US Tensions Ease, Gold Slips
Canada's TSX futures edged higher after Iran and the US signaled a pause in hostilities near the Strait of Hormuz. Oil steadied above $72 a
Nagarro CEO Calls for BaFin Probe into Pre-Bid Trading Surge Before Persistent Offer
Nagarro shares surged nearly 20% before Persistent Systems announced a €1 billion takeover offer. The CEO now expects Germany's BaFin to inv
Aluminum Prices Slip as Strait of Hormuz Tensions Ease and Dollar Strengthens
Aluminum prices slipped as traders grew less worried about US-Iran tensions disrupting Strait of Hormuz shipping. A stronger dollar added pr
Rupee Slips 0.1% as Indian Stock Slide Offsets Broader Asian Currency Gains
India's rupee weakened 0.1% to 94.54 per dollar on Monday, even as most Asian currencies gained. A slide in the Nifty 50 prompted foreign ba
Wall Street Rally Faces Rising Costs as Bank Financing Tightens
Wall Street's stock rally is increasingly funded by borrowed money, but Reuters reports that financing costs are rising as bank balance shee
AI Trade Hits a Wall as Strong Economy Clashes with Rising Real Rates
Solid US jobs and consumer spending are clashing with falling big tech stocks and lower Treasury yields. Rising real rates are starting to b
Wall Street Eyes Payrolls, Fed Speech, and Oil as Tech Selloff Deepens
The Nasdaq fell last week, dragging all Magnificent-7 stocks lower. Now investors are watching three key factors: nonfarm payrolls, Fed Chai