Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Westpac Sees Oil Cooling to $83, Gold Climbing to $4,350
Westpac expects Brent crude to cool to $83 in the September quarter, while gold stays hot at $4,350 an ounce. The divergent outlook suggests
New Zealand shares slip as Hormuz shipping disruptions rattle investors
New Zealand's benchmark index dropped nearly 1% as Middle East tensions escalated, with tanker attacks disrupting Hormuz shipping and US-Ira
FTSE 100 futures edge up as Fitch keeps UK at AA- and commodities firm
UK stocks look set to open higher after FTSE 100 futures rose 0.2%, helped by Fitch keeping the UK's credit rating at AA- and firmer commodi
China chip stocks rally lifts markets, but consumer shares lag
Semiconductor stocks led gains in China's mainland and Hong Kong markets, with the CSI Semiconductor Index up 4%. But liquor and consumer st
Oil prices and elections set the tone for African markets this week
African markets are starting the week with oil prices firmer and a busy political calendar. Zambia's election count and Kenya's plans to iss
ADQ moves to take full control of AD Ports with AED 6.25 tender offer
ADQ, Abu Dhabi's state investor, is offering AED 6.25 per share to buy the remaining 24.6% of AD Ports Group it doesn't already own. The all
Aussie and Kiwi Dollars Hit 10-Week Highs as Fed Hike Bets Fade
The Aussie and Kiwi dollars hit 10-week highs as traders cooled Fed rate hike expectations, pressuring the US dollar. Australia's jobs repor
Palm oil futures hold steady as crude, China oils lend support
Malaysian palm oil futures barely moved, with the November contract easing 0.12% to 4,801 ringgit a ton. Support from firm crude and higher
Japan's 10-year bond yield hits 2.925%, a three-decade high
Japan's benchmark 10-year bond yield hit 2.925%, its highest since September 1996, as global bond selling intensifies. Investors are weighin
NAB and JB Hi-Fi drag ASX 200 lower despite mining gains
The ASX 200 slipped 0.3% as weak earnings from NAB and JB Hi-Fi weighed on sentiment, even as miners and energy stocks gained. NAB's home-lo
Yen gains as traders scale back Fed rate hike bets
The yen edged higher to 159.06 per dollar despite Japan's mixed Q2 growth, as softer US data reduced expectations for another Federal Reserv
Gulf stocks rise as Hormuz shipping stays patchy and peace talks stall
Saudi Arabia's main index rose 0.9% even as shipping through the Strait of Hormuz stayed patchy and peace talks showed no progress. Brent se