Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Yuan hits 3-1/2-year high as US inflation cools dollar
China's yuan climbed to its strongest level in 3-1/2 years as cooling US inflation pressured the dollar. The PBOC set a weaker-than-expected
Shanghai Electric's Pearl Bond marks FTZ market revival
Shanghai Electric's overseas arm priced a 1.5 billion yuan three-year green Pearl Bond at a 1.8% coupon. It's the first non-financial issuer
Japan's Topix hits record high as chip stocks rally on US AI optimism
Japan's Topix index hit a record high on Thursday, led by a surge in chip-related stocks. Advantest rose 5.35% and Kioxia jumped 10.01% afte
KOSPI hits 3-week high as chipmakers rally on US AI strength
South Korean stocks rallied Thursday, with the KOSPI up 3.7% to a three-week high. Chipmakers SK Hynix and Samsung Electronics led gains, tr
China stocks rise as US inflation cools, easing Fed rate hike fears
China's Shanghai Composite opened 0.3% higher after US July CPI matched forecasts, easing worries about a near-term Fed rate hike. The softe
Venezuela renews push for $4B BoE gold after quakes, inflation spike
Venezuela's lawmakers say recovering $4 billion in gold held at the Bank of England is part of rebuilding after June's earthquakes, as July
Codelco scales back copper output targets to focus on profits
Chile's Codelco, the world's largest copper producer, is stepping back from its 1.34 million-ton output target for this year. New leadership
Corn Futures Climb to Two-Week High as USDA Cuts Stockpile Forecast
The USDA's latest report shows smaller corn stockpiles than expected, even with a slightly bigger crop. Corn futures jumped to a two-week hi
Canadian yields ease as US inflation cools rate-hike bets
Canadian government bond yields eased and the loonie stayed near a two-month high after softer US inflation data lowered the odds of another
Blackstone weighs scrapping $3B cash-return deal for investors
Blackstone is considering dropping Project Eclipse, a $3 billion debt plan to return cash to investors, after trouble placing the riskiest e
European stocks pause as oil costs keep inflation worries alive
European stocks took a breather from record highs as a steady US inflation report clashed with worries that high oil prices could keep costs
European stocks slip as German inflation accelerates to 2.8%
The Stoxx Europe fell 0.2% after Germany's July inflation accelerated to 2.8%, led by higher energy and fuel prices. The rise complicates th