Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Yuan Heads for Biggest Weekly Drop Since March as Strong Dollar Pressures PBOC
China's yuan slipped again, heading for its biggest weekly drop since early March. A strong dollar, fueled by hawkish Fed talk and higher US
Ghana to Buy 30% of Miners' Gold as US Sanctions Rwanda Refinery Over DRC Smuggling
Ghana will start buying 30% of large miners' gold output from July 1st to build foreign reserves. Separately, the US sanctioned Rwanda's Gas
Copper Heads for Weekly Drop as Strong Dollar and Tariff Jitters Reshuffle Inventories
Copper prices are set for a weekly drop as the US dollar strengthens and inflation fears persist. Meanwhile, tariff speculation is pulling m
Kalshi Targets $40B Valuation as Hot PCE Inflation Fuels Fed Uncertainty
Kalshi is aiming for a $40 billion valuation after a record $17 billion in monthly trading, but its regulatory gray area and high valuation
Iron Ore Heads for Seventh Weekly Drop as China Port Inventories Swell
Iron ore extended its losing streak, heading for a seventh consecutive weekly drop. China's port inventories surged to 175.44 million tons a
Palm Oil Rises Friday on China Demand, But Weekly Loss Persists
Malaysian palm oil futures climbed Friday, buoyed by gains in China's rival edible oils and stronger export data. However, the commodity sti
South Korean Stocks Plunge 5.8% as AI Spending Doubts Hammer Chip Giants
South Korea's benchmark KOSPI tumbled 5.84% and briefly halted program trading after US tech stocks fell. Chipmakers Samsung Electronics and
Nikkei 225 Plunges 3.7% on OpenAI IPO Delay Fears, SoftBank Tumbles 12%
Japan's Nikkei 225 dropped 3.7% after a report said OpenAI may delay its IPO until next year, sending SoftBank down over 12%. The broader TO
Soybeans Hold Weekly Gains as Heat Wave Offsets Oil and Dollar Pressure
Soybean futures dipped Friday but are still headed for a second straight weekly gain. Forecasts of near-100°F heat in the US Midwest are rev
Blackstone and Bain Lead Bidding for Tokyo's Sankei Building in Record ¥1 Trillion Deal
Blackstone and Bain Capital have moved to the next round of bidding for Fuji Media's Sankei Building in Tokyo, with Bloomberg reporting the
South Korea Opens Won to 24-Hour Trading in Bid to Boost Global Access
South Korea will let the won trade around the clock from July 6, aiming to make its currency market more accessible to global investors. Ban
ASX Cracks Down on Repeat Share Ramping in Company Announcements
The ASX is cracking down on companies that repeatedly use announcements to talk up their stock. Its first supervision report signals tougher