Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Cooler PCE inflation pulls dollar down as rate bets ease
Core PCE inflation rose 0.3% last month, below the 0.4% forecast, cooling rate-hike bets. The dollar slipped as 2-year Treasury yields fell
Gold Rises on Cooler Inflation Data, Fed Hike Odds Slip
Gold prices rose after a slightly cooler-than-expected core PCE inflation report weakened the dollar and lowered the odds of an October Fed
Mortgage applications slide 6% as rates near 3-year high
US mortgage applications dropped 6% last week as 30-year rates stayed near a three-year high, cooling both purchase and refinance demand. Th
Stock futures edge up as core PCE cools, Fed rate path stays unclear
US stock futures edged higher after August core PCE inflation rose 0.2%, cooler than expected. But with Fed officials split on further hikes
Tata Trusts' internal rift reaches charity regulator amid Tata Sons listing push
A senior trustee at Tata Trusts has asked Maharashtra's charity regulator to investigate alleged lapses, escalating an internal fight over t
RBI's forward dollar liabilities hit record $200 billion in August
The RBI's net forward dollar liabilities hit a record $200 billion in August, even as FX reserves rose to an all-time high. Swaps boosted re
Saudi stocks end September flat as mixed data and OPEC+ loom
Saudi Arabia's Tadawul All Share Index ended September nearly unchanged, down just 0.14%. Mixed Q2 data—unemployment slipping to 3% but fore
Sri Lankan shares flat as central bank holds rates at 8.75%
Sri Lankan shares barely moved after the central bank held its key rate at 8.75%. Inflation stayed at 8% year-on-year, and foreign investors
Volkswagen's German cost cuts spark strike threat from IG Metall
Volkswagen's plan to cut costs in Germany has hit a major obstacle: IG Metall says strikes could start January 1 if the automaker scraps par
Foreign investors pulled $3.75 billion from Indian stocks in September
Foreign investors sold $3.75 billion of Indian stocks in September, hitting local benchmarks. Higher oil prices and rising US bond yields ma
France's borrowing costs hit 4.78% as gap with Germany widens to 12-year high
France's 10-year bond yield hit 4.78%, and the gap with Germany's bund widened to 120 basis points—the largest since 2012. Sticky inflation
UAE stocks dip as investors await US PCE inflation data
UAE stocks fell on Thursday as investors awaited the US PCE inflation report, the Fed's preferred price gauge. A hotter or cooler reading co