Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
FTSE 100 hits record high as defense and mining stocks rally
London's FTSE 100 hit a fresh record on Thursday, led by defense firms and miners. Rolls-Royce jumped 5.6% after raising its outlook, while
Arcadis rejects WSP's €5.2 billion bid, dealmaking heats up across sectors
Arcadis has rejected a €5.2 billion takeover bid from Canada's WSP Global, calling it too low. The news comes amid a flurry of cross-border
Hang Seng edges up as Fed split and China spending pledge offer mixed signals
The Hang Seng Index closed 0.2% higher at 25,858.88, as a divided Federal Reserve kept rates unchanged and China pledged to accelerate fisca
Asia AI hedge fund trade unravels with 18.6% July loss
Asia-focused long-short hedge funds that piled into AI chip stocks are suffering heavy losses. Goldman Sachs says the funds are down 18.6% i
South Korean stocks fall as Fed rate hold overshadows Samsung's AI earnings
South Korean stocks dropped sharply as retail investors sold tech shares after the Fed held rates at 3.5%-3.75%. The decline came even as Sa
Eurozone bond yields climb as US Treasury yields hit 19-year high and oil surges
Eurozone borrowing costs edged higher as long-term US Treasury yields hit a 19-year high and oil prices surged. Germany's 30-year yield rose
Thai flood warnings push Japanese rubber futures higher
Japanese rubber futures climbed as Thailand's flood warning raised supply concerns. A sharp rise in oil prices also supported the market.
South Korea's KOSPI swings 7.6% as regulators tighten leveraged ETF rules
South Korea's KOSPI index experienced a dramatic reversal, surging 5.5% before plunging 2.1% as regulators tightened rules on single-stock l
Dollar firms as Fed split and Iran strikes shift market focus
A divided Federal Reserve held rates steady, rattling bond markets, but the dollar rebounded as fresh US air strikes in Iran drew investor a
Japan's Bond Yields Rise as US Long-Term Treasury Yields Hit 19-Year Highs
Japan's 10-year government bond yield rose to 2.800% as US long-term Treasury yields hit 19-year highs. The move reflects global investor co
Rupee Holds Steady Near 95.62 as Fed's Mixed Signals Keep Traders Guessing
India's rupee traded near 95.62 per US dollar on Thursday, as forward premiums slipped and Brent crude stayed close to $89.75 a barrel. The
Gold slips as rising Treasury yields and Fed uncertainty weigh on bullion
Gold slipped as US 10-year Treasury yields firmed and markets recalibrated expectations for the Federal Reserve. Traders are now focused on