Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
South Africa's Rand Edges Up to 16.42 as Traders Eye Month-End Data and Protests
The rand ticked up to 16.42 per dollar on Monday as traders processed month-end economic data. However, political risks remain front and cen
UK Firms' Growth Expectations Hit 2025 Low as FTSE 100 Eyes Flat Open
UK shares are set for a flat open after a June survey revealed firms' growth expectations fell to their lowest level in 2025. Meanwhile, Hal
South African Markets Face Triple Test: Rand, Naspers, and T-Bill Auction
South African markets face a triple test Monday: foreign flows data, a Treasury bill auction, and Naspers full-year earnings. The dollar rem
China Copper Smelters Resist Antofagasta's Push for Spot-Linked Processing Fees
Chilean miner Antofagasta wants to link long-term copper concentrate contracts to spot processing fees, which are deeply negative. Chinese s
Asia's AI Rally Stumbles as Cost Pressures and Geopolitical Risks Mount
Asia's AI-driven stock rally hit turbulence as rising chip and energy costs, a fragile US-Iran ceasefire, and a strong dollar weighed on mar
Indian Stocks Stall as US-Iran Ceasefire Update Fails to Ignite Rally
Indian stocks mostly paused Monday, with the Nifty 50 inching up 0.24% after a US-Iran ceasefire update. Losses in IT and small-cap stocks s
Japan Bond Yields Jump as Government Signals Pro-Growth Push to BOJ
Japan's 10-year government bond yield climbed 5 basis points to 2.645% after a report indicated the government could push the Bank of Japan
China Stocks Rotate: Investors Dump AI for Healthcare and Consumer Staples
Chinese and Hong Kong stocks rose, but the leadership shifted sharply. Investors sold AI supply-chain shares and bought healthcare and consu
China Eyes First Sulphur Futures to Stabilize Fertilizer and Mining Costs
China is preparing to launch its first sulphur futures contract, potentially on the Dalian Commodity Exchange in the fourth quarter. The mov
Gold Dips as Oil Rises on US-Iran Tensions, Fed Rate Hike Bets Mount
Gold slipped 0.6% to $4,062.89 as oil prices rose on renewed US-Iran strikes. Traders are now pricing in three Federal Reserve rate hikes th
Yuan Holds Steady as Dollar Eases from Highs; PBOC Adds Short-Term Cash
The yuan held its ground Monday as the dollar cooled from a one-year high. China's central bank added short-term cash to smooth money-market
Soybeans and Corn Slip as Traders Await Key USDA Acreage and Stocks Reports
Soybean and corn futures declined on Monday as traders trimmed risk ahead of the USDA's planted-acreage and quarterly grain-stocks reports.