Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
PBOC Adds Overnight Reverse Repos to Steady Short-Term Funding Rates
The People's Bank of China is introducing overnight reverse repos to smooth short-term funding rates. The new tool, expected to operate at a
African Markets Navigate Oil Slide, Weaker Rand, and Mixed Credit Signals
Oil slipped as supply worries eased, while South Africa's rand weakened and Africa headlines ranged from Gabon's Moody's outlook cut to Ivor
Aluminum Prices Slide 8% in Week as Middle East Risk Premium Fades
Aluminum prices dropped 2.75% on the Shanghai Futures Exchange and are down 8% for the week as geopolitical risk premiums unwind. Traders ar
Chinese AI Giant Zhipu Soars 2,000% as Defense Stocks Diverge on Germany's Warship U-Turn
Zhipu's stock has surged 2,000% this year, but a looming lockup expiry on July 8th could trigger selling. Meanwhile, Germany's warship cance
Vedanta Returns to US Bond Market to Refinance Costly Debt with Cheaper Notes
Vedanta's finance arm is issuing new dollar bonds with coupons as low as 7.25% to repurchase older notes paying double-digit interest. The m
Yuan Hovers Near One-Month Low as Strong Dollar and Record Trading Volume Weigh
China's yuan is under pressure near a one-month low as the dollar strengthens on expectations of higher-for-longer US interest rates. Record
Shanxi Safety Checks Tighten Coking Coal Supply, Support Prices
Coking coal and coke futures on China's Dalian exchange ticked higher as safety inspections in Shanxi slowed miners' return to full output a
Japan Bond Yields Dip as Oil Retreats, Focus Shifts to 20-Year Auction
Japan's 10-year government bond yield slipped 4 basis points to 2.625% as falling oil prices tempered inflation worries. Attention now turns
Oil's Plunge Eases Pressure on Indian Rupee as RBI Steps In
A sharp slide in oil prices is giving the Indian rupee some breathing room, with Brent crude falling over 10% this week. Traders expect the
Indian Stocks Poised for Gains as Oil Drops and Asian Markets Rally
Indian stocks are set for a firmer open as oil prices cool and Asian shares rally. Brent crude fell 1.8% to $72.4 a barrel after tankers mov
Miners and Energy Weigh on ASX 200 as Jobs Data Looms for RBA Clues
The S&P/ASX 200 fell 0.4% as miners and energy stocks dragged the index lower. Investors are focused on May employment figures, which could
Oil's 4% Plunge Sets Stage for Firmer Australian Open as Energy Worries Ease
Australian shares are poised for a firmer open on Thursday after crude oil dropped more than 4%, calming supply concerns. Investors are also