Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
South Korea's KOSPI Plunges 7% as Chip Stocks Tumble and Central Bank Hikes Rates
South Korea's KOSPI plunged nearly 7% on Thursday, triggering a sidecar trading halt, as chip giants Samsung and SK Hynix dragged the index
Nikkei Tumbles 3.1% as Chip Stocks Pause Ahead of TSMC Earnings
Japan's Nikkei index dropped 3.1% as chip-related stocks declined and investors adopted a cautious stance ahead of TSMC's earnings call. The
Australian Shares Set to Rise as Wall Street Gains and Oil Prices Firm on US Strikes
Australian shares are poised to open higher after a positive session on Wall Street. Energy stocks are drawing attention as crude oil prices
King Street Locks Out Hedge Fund Investors, Shifts Redemptions to Side Vehicle
King Street Capital Management is restricting withdrawals from its main hedge fund. Investors who request redemptions will be moved into a s
Stocks Edge Higher as Wholesale Inflation Cools, Geopolitical Risks Loom
The Nasdaq gained 0.4% as wholesale inflation cooled more than expected in June. However, investor optimism was tempered by reports of poten
Ford Warns US Automakers as BYD Sets Sights on Overtaking Toyota Globally
Ford Executive Chairman Bill Ford says US automakers must prepare for subsidized Chinese rivals. Meanwhile, BYD claims it can overtake Toyot
Sugar Slips on Better Brazil and India Weather; Cocoa Rebounds Ahead of Key Demand Data
Sugar slid toward two-week lows as better weather in Brazil and steadier rains in India cooled supply worries. Cocoa bounced as traders awai
Treasury Yields Slide as June PPI Drop Signals Cooling Inflation, Fed Hike Odds Plummet
June's producer price index dropped 0.3%, far below expectations, sending Treasury yields lower. Traders now see only a 10% chance of a Fed
Loonie Rally Fades After Bank of Canada Holds Rates, Drops Hike Warning
The Canadian dollar briefly touched a four-week high as the US dollar weakened, but gains faded after the Bank of Canada held rates at 2.25%
US Stocks Split as Cooling Inflation Offsets Red Sea Shipping Worries
US stocks showed a split personality Thursday. Broad-market ETFs edged higher on softer wholesale inflation data, but tech and chip funds sl
Slate Grocery REIT Holds July Distribution Steady at $0.072 Per Unit
Slate Grocery REIT announced it will maintain its July cash distribution at $0.072 per unit, payable on August 17th. The steady payout refle
FTSE 100 Snaps Winning Streak as Miners and Energy Stocks Slide on Weaker Commodities
The FTSE 100 snapped a three-day winning streak, slipping 0.1% as mining and energy stocks fell with weaker metals and oil prices. Middle Ea