Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
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
Jane Street's $15B July Loss Shows the Risks of Crowded AI Trades
Jane Street took a reported $15 billion hit in July tied to AI-related positions, including a stake in hedge fund Situational Awareness. The
Cooling inflation and weak retail sales lift odds of Fed pause to 67%
Cooling inflation and a surprise drop in retail sales have traders pricing in a 67% chance the Fed holds rates steady in September. Meanwhil
Weak US retail sales push euro and pound to multi-month highs
A disappointing July retail sales report weakened the US dollar, as traders scaled back bets on another Federal Reserve rate hike. The euro
US 30-year Treasury yield hits 5.22%, highest since 2001
The US government's 30-year borrowing costs just hit their highest level in 25 years, as investors demand more yield to lend to Uncle Sam. H
Eurozone growth accelerates but Middle East worries weigh on European stocks
European stocks slipped even as eurozone Q2 GDP rose 0.4% quarter-on-quarter. Investors kept an eye on Middle East tensions and a wave of co
DAX edges up 0.51% as eurozone growth, trade surplus offset tariff worries
Germany's DAX closed 0.51% higher on Friday, supported by stronger eurozone growth and a swing to a trade surplus. Fresh US tariff talk kept
Asia ADRs Edge Higher as Aurora Mobile Jumps 10%, Infosys Slips
The S&P Asia 50 ADR Index edged up 0.32% in early Friday trading, with Aurora Mobile surging 10% and Infosys slipping 1.8%. The modest move
Gold Rises 0.6% as Dollar Dips and Fed Rate Hike Odds Fall
Gold rose 0.6% on Friday as the dollar slipped and new data made a September Fed rate hike less likely. Inflation came in as expected, and J
Copper prices pause after rally as supply tightens
Copper prices took a breather as traders locked in gains, but underlying supply signals remain tight. LME inventories are down 48% since lat
UAE stocks end mixed as investors look past Hormuz attacks to earnings
UAE stocks finished split on Tuesday, with Abu Dhabi flat and Dubai lower, even as state oil giant ADNOC confirmed attacks on two vessels in