Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Gold heads for best month since February as Fed bets and Suez risks collide
Gold is hovering near $4,096 an ounce, poised for its first monthly gain in five months. Traders are balancing softer Fed rate expectations
Japan's bond yields rise as traders await BOJ signal on rates
Japanese government bond yields rose as traders awaited a more hawkish signal from the Bank of Japan after the government intervened to supp
Japan intervenes in currency markets as yen weakens ahead of BOJ decision
Japan is reported to have intervened in currency markets, buying yen and selling dollars in New York as the yen hovered near multi-decade lo
Tech selloff pressures hedge funds as banks tighten lending terms
Hedge funds that piled into tech and AI stocks are feeling the heat as the Nasdaq 100 slides 7%. Banks that lent them money are demanding mo
Citadel takes over AI hedge fund's stock portfolio after tech losses
AI-focused hedge fund Situational Awareness unloaded most of its $16 billion public equities portfolio to Ken Griffin's Citadel after tech-h
Treasury yields rise despite cooler June inflation data
June's PCE inflation report showed headline prices falling 0.1%, but the 10-year Treasury yield still edged up to 4.657%. Investors are weig
Germany's DAX rises as GDP beats forecasts, but adidas drops 11.5%
Germany's DAX gained 0.6% after Q2 GDP beat expectations at 0.2%, but July inflation rose to 2.8% and adidas tumbled 11.5% on results that f
Latin American currencies rally as US growth cools and inflation stays tame
Latin American currencies surged to a two-month high as US economic growth slowed and inflation met expectations, weakening the dollar. The
European ADRs Rally as Bank Stocks Lead Broad Advance in US Trading
European companies' US-listed shares jumped 1.84% on Thursday, led by a broad rally in bank ADRs including ING, BBVA, and Barclays. Nokia al
TSX edges up as gold miners and banks offset Lightspeed's 14.5% plunge
Canada's main stock index barely moved as a sharp sell-off in tech stock Lightspeed was offset by strength in gold miners and major banks. T
Yen Surges 2% as Markets Eye Possible Intervention Ahead of BOJ Decision
The yen surged more than 2% against the dollar on Thursday after a softer US inflation report pulled the dollar lower. The speed of the move
Asian ADRs Surge as Chip Stocks Lead Broad Rally in US Trading
Asian ADRs rallied in US trading Thursday, with the S&P Asia 50 ADR Index rising 2.39% as chip stocks led the charge. Silicon Motion surged