Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Iran Strait Closure Sends CEE Currencies Tumbling as Oil Spikes
Central and Eastern European currencies fell sharply after Iran announced it had again closed the Strait of Hormuz, sending oil prices highe
China Stocks Hit Three-Month Lows as Profit-Taking Hits AI and Defense Shares
Chinese stocks slid to three-month lows as profit-taking hit AI and defense shares hardest, while banks and energy stocks held up. Investors
Rubber Prices Rise as China Tire Demand Holds Steady and Oil Costs Climb
Rubber prices ticked higher across Asian markets on Monday, supported by rising oil costs and consistent demand from China's tire industry.
China Stocks Tumble as US-Iran Tensions Threaten Strait of Hormuz Oil Flows
Chinese stocks slid sharply as renewed US-Iran hostilities put the Strait of Hormuz in focus. The Shanghai Composite fell 2.1% and the Shenz
Segafredo Zanetti Sale Process Heats Up as QuattroR Hires Lazard
QuattroR has hired investment bank Lazard to sell its over-70% stake in Italian coffee brand Segafredo Zanetti. Buyout firms CVC and BC Part
Saipem-Subsea 7 Merger Faces Deeper EU Antitrust Probe, Risking Delays
The European Commission's preliminary review of the Saipem-Subsea 7 merger could shift to an in-depth probe, Reuters reports. This would del
Rupee Slips to One-Month Low as Oil Surge and RBI Intervention Clash
India's rupee slid to a one-month low as oil prices surged on concerns over the Strait of Hormuz. The Reserve Bank of India likely stepped i
South Africa Faces Oil Shock and Rand Pressure as Iran Claims Strait of Hormuz Closure
Iran's claim to have closed the Strait of Hormuz pushed oil prices higher, rattling global markets. For South Africa, a net oil importer, th
NZX 50 Dips 0.45% as Hormuz Tensions, Fonterra Forecast, and Rate Hike Weigh
The S&P/NZX 50 dropped 0.45% as investors digested conflicting reports on Strait of Hormuz shipping, a softer dairy outlook from Fonterra, a
Copper Dips Below $13,400 as US-Iran Tensions and Strong Dollar Weigh on Metals
Copper slipped to $13,387 a ton on the London Metal Exchange as renewed US-Iran conflict and Strait of Hormuz closure fears rattled markets.
Gold Slips 1.5% as Oil Surge and Rate Hike Bets Reshape Market Dynamics
Gold dropped 1.5% to $4,059.11 as oil surged over 4% on Strait of Hormuz closure fears. Traders now see a 72% chance of a Fed rate hike in S
Yuan Slips as Gulf Tensions Boost Dollar, PBOC Sets Strongest Fix Since Feb 2023
The yuan edged lower as Gulf tensions pushed oil prices higher and strengthened the US dollar. China's central bank responded by setting its