Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
UAE Stocks Split as Sticky US Inflation Revives Fed Rate Hike Fears
US inflation remained stubborn in May, leaving Abu Dhabi stocks flat and Dubai slightly lower. Traders now weigh the odds of further Fed rat
European Stocks Slip 1% as OpenAI IPO Delay Revives Tech Jitters
European stocks slipped 1% on Friday, led by a 1.9% drop in tech shares, after reports said OpenAI could delay its IPO until 2027. The Stoxx
TSX Futures Dip as Tech Reverses and Oil Tumbles Over 3%
September S&P/TSX futures slipped 0.2% as a tech selloff on Wall Street and a sharp drop in oil prices dampened sentiment. The decline highl
Oil's Slide Pulls Euro Zone Bond Yields Lower as ECB Rate Hike Bets Fade
Euro zone bond yields fell as Brent crude slid near $72.80 a barrel, prompting traders to scale back ECB rate hike expectations. A consumer
Pound Holds Near 86.26 Pence per Euro as Burnham Backs Fiscal Rules After Starmer Exit
The pound barely reacted to Prime Minister Keir Starmer's resignation, staying on track for its best week against the euro since mid-May. Ma
Chinese Futures Brokers Yongan, Orient, Guotai Junan Seek LME Membership to Expand Metals Clearing Role
Yongan, Orient, and Guotai Junan are lining up membership bids for the London Metal Exchange, Reuters reports. Only six of the LME's 40-plus
Singapore Stocks Dip Despite Strong Factory Output; Data Center and Digital Securities Plays Shine
The Straits Times Index slipped 0.5% on Friday, while Singapore's manufacturing output rose 13% in May. A handful of stocks gained on data c
Treasuries Rally as Tech Stocks Tumble in Asia; Nikkei Drops 4.5%
Asian markets saw a classic risk-off move as tech stocks sold off and Treasuries rallied. The Nikkei fell over 4.5% and oil dipped below $74
Malaysia's KLCI Edges Up as Oil Slips; Enest Group Plans ACE Market IPO
Malaysia's benchmark KLCI closed 0.2% higher as lower oil prices calmed inflation fears. Meanwhile, Enest Group filed for a 15.1 million rin
Chip Stocks Slip Again as AI Rally Fades, Russell Reshuffle and Rate Worries Loom
Chip stocks pulled back Friday after a brief AI-driven rally, dragging Nasdaq futures lower. Traders are also watching the annual Russell in
EU Extends Tariff Suspension on US Goods Indefinitely in Boeing-Airbus Spat
EU member states have agreed to extend the suspension of retaliatory tariffs on US goods related to the Boeing-Airbus dispute indefinitely.
China Blocks Brokers from Adding New Overseas Stock Exposure via Total Return Swaps
China's securities regulator told mainland brokerages to stop letting clients add new overseas stock exposure via total return swaps. The mo