Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Bank Earnings Surge and Russell 2000 Poised for Best Year in Decades
Five major banks reported blockbuster profits to start earnings season, while the Russell 2000 small-cap index is heading for its best year
Copper Edges Higher as US Inflation Data Eases Rate Hike Fears, China Growth Caps Gains
Copper prices edged higher after a softer US inflation reading eased fears of prolonged high interest rates. However, disappointing China gr
South Korea's KOSPI Surges 7% as AI Chip Stocks Skyrocket, Triggering Trading Curb
South Korea's KOSPI surged more than 7% on Wednesday, driven by AI chip heavyweights SK Hynix and Samsung Electronics. The rally briefly tri
Yuan Strengthens to June High as Weak China GDP Fuels Stimulus Hopes, Dollar Slips
China's yuan rose to its highest since June 18 after second-quarter GDP growth missed forecasts at 4.3%, reviving bets on stimulus. A weaker
Aussie and Kiwi Dollars Rally as US Inflation Cools, Fed Rate Hike Odds Drop
The New Zealand dollar briefly hit a one-month high as traders trimmed Fed hike bets and priced in another RBNZ increase. Softer US inflatio
Japan's Nikkei Pares Gains as Traders Await ASML Earnings for AI Chip Clues
Japan's Nikkei index jumped as much as 1.5% on Wednesday before trimming gains to 0.58% as traders held off ahead of ASML's earnings. Chip-l
China Stocks Split as Middle East Tensions Rise and Beijing Targets 60 Trillion Yuan Retail Sales
Chinese stocks moved in opposite directions Wednesday as Middle East tensions hit the Shanghai Composite while Beijing's plan to boost retai
Asian Stocks Rally as US Inflation Surprise Eases Rate Hike Fears
Asian stocks rallied after a surprise drop in US inflation eased fears of another Fed rate hike. Oil hovered near $85.50 after the US scrapp
ASX 200 Hits Near One-Month High as Banks and Miners Rally on US Inflation Data
The S&P/ASX 200 climbed 0.7% to 8,868.30 points, its highest in nearly a month, as banks and mining stocks surged. The rally was fueled by c
Live Cattle Futures Fall as Wholesale Beef Prices Hit Seven-Month Low
Live cattle futures fell Tuesday as USDA data revealed wholesale beef prices hitting their lowest level since February 23rd. Fund selling an
Alcoa's Gallium Plant in Western Australia Could Supply 10% of Global Market
Alcoa is building a gallium plant at its Wagerup alumina refinery in Western Australia. The project, backed by Australian, Japanese, and US
Foreign Investors Pour $132 Billion Into US Stocks and Corporate Bonds in May
Foreign investors added a net $132 billion to US securities in May, driven by strong demand for stocks and corporate bonds. Treasury bill ho