Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
US stocks steady as China factory gauge slips, oil dips
US equities closed near session highs even as China's July manufacturing PMI fell to 49.2, signaling contraction. Brent crude also slipped b
Singapore's STI slips 0.8% as tech cools, but Seatrium and Autagco shine
Singapore's benchmark STI dropped 0.8% on Friday as regional tech and chip stocks lost momentum. But underneath, Seatrium's profit surge and
Global AI trade cools, India's IT stocks jump 16.7% in July
India's software-heavy stocks rallied in July as global investors rotated out of crowded AI trades in North Asia. The Nifty IT index jumped
BP starts North Sea sale, HSBC offloads Australian loans as FTSE futures rise
London stocks are set for a modestly higher open, with FTSE 100 futures up 0.2%. BP has kicked off a formal sale of its North Sea business,
Rand firms, JSE climbs as softer producer inflation eases rate worries
South Africa's rand firmed and the JSE Top-40 gained about 1.3% after producer inflation came in softer than expected. Investors now look to
Swiss National Bank's Q2 profit driven by stocks, not gold
The Swiss National Bank reported a 25.7 billion Swiss franc second-quarter profit, driven by rising global stocks in its foreign-currency po
New Zealand shares slip 0.46% despite strong consumer confidence
New Zealand's benchmark index slipped 0.46% on Friday, bucking a mostly higher Asian session. Meanwhile, ANZ's consumer confidence index cli
Oil and cocoa pull African markets in opposite directions
African markets face mixed signals as oil slips despite a strong month and Ghana warns of a 16% drop in cocoa output for 2026-27. Global ris
Copper holds firm as LME inventories tighten and dollar softens
Copper prices held steady on Friday, supported by a softer US dollar and shrinking LME warehouse stocks. Inventories fell 21% in July, with
Aussie and kiwi dollars hold multi-week highs after yen intervention
Japan's yen intervention rattled currency markets, helping the Aussie and kiwi hold multi-week highs against the US dollar. Traders are also
Yen slips again as BOJ holds rates, dollar nears 160.76
The yen slipped back toward 160.76 per dollar after the Bank of Japan held rates at 1%, undoing some of the gains from recent coordinated in
Yuan Hits Three-Year High, PBOC Sets Weaker Fixing to Cool Rally
The yuan touched its strongest level in over three years, but the PBOC pushed back with a weaker daily fixing. The move signals Beijing's ca