Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Hong Kong Stocks Rally 2.4% on Hopes Beijing Will Boost Economy
Hong Kong stocks jumped 2.4% on hopes Beijing will announce new growth measures. Traders are watching the next Politburo meeting after China
Rand Holds Near 16.54 as Oil Rally and SARB Rate Decision Loom
The rand is hovering near 16.54 per US dollar as Brent crude oil surges about 3% above $90. Investors are watching June inflation data and t
Europe Stocks Dip as Brent Crude Tops $90 on Iran Supply Fears
The STOXX 600 fell 0.2% as oil's surge to $90 weighed on travel stocks. Ryanair slid after a profit drop, while energy shares gained. Invest
Sterling Holds Steady as Burnham Prepares to Take Over as UK Prime Minister
Sterling barely moved as Andy Burnham prepared to replace Keir Starmer as UK prime minister. Investors are watching closely for his pick for
UK Stocks Slip as Oil Tops $90 on Strait of Hormuz Tensions
UK stocks slipped as oil prices topped $90 a barrel after US-Iran tensions restricted shipping through the Strait of Hormuz. FTSE 100 future
South Korea's KOSPI Plunges 5% as AI Spending Doubts and Oil Jolt Rattle Investors
South Korea's KOSPI sank as much as 5.1% as investors cooled on the idea that big, long-lasting AI spending is a sure thing and higher oil p
South Korea's KOSPI Plunges 5% as AI Trade Unwind and Oil Spike Hit Emerging Asia
South Korea's KOSPI tumbled as much as 5.1% Monday, pushing its month-to-date loss past 22%. The selloff, driven by fading AI enthusiasm and
Copper Edges Up as LME Stockpiles Shrink, But Demand Fears Cap Gains
Copper prices edged up as LME warehouse inventories shrank, with over half the metal tagged for withdrawal. But demand jitters and higher-ra
Oil Above $90 Pressures Indian Bonds as Traders Await Bloomberg Index Decision
Rising oil prices are putting pressure on Indian government bonds and the rupee. Traders are also watching for Bloomberg's decision on inclu
Gold Slips as Oil Above $90 Reignites Rate Hike Fears
Gold slipped after Brent crude surged 3% above $90 a barrel on fresh Middle East escalation. Traders now see an 82% chance of a December Fed
Oil Above $90 Rattles Asian Markets as AI Rally Faces Higher Rate Threat
Brent crude's rise above $90 a barrel is stoking inflation worries, putting pressure on AI-led growth stocks. Asian markets are on edge ahea
Dollar Edges Up as Middle East Tensions Boost Oil, Safe-Haven Demand
The US dollar ticked higher in early Asian trading as Middle East tensions pushed oil prices up and sent traders toward safer assets. Brent