Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
EU Anti-Dumping Duties on Chinese Tyres Weigh on Japanese Rubber Futures
Japanese rubber futures slipped from a two-week high as the EU imposed anti-dumping duties of 4.3%-45.3% on Chinese tyre imports and the yen
South African Rand Edges Up as Dollar Weakens, Middle East Tensions Linger
The rand gained 0.3% to 16.2875 per dollar early Friday as the US dollar eased. Markets remain focused on Middle East headlines, which are s
Global M&A Hits $3.2 Trillion as Walmart Discounts Signal Two-Speed Economy
Global M&A hit $3.2 trillion through June, up 45% year-over-year, even as Walmart rolls out summer discounts on everyday items. The contrast
Gold Slips as US-Iran Tensions Fuel Rate Hike Bets, September Odds Hit 63%
Gold slipped 0.1% and is heading for a 1.4% weekly decline as traders raise bets on a September rate hike. The shift comes as US-Iran strike
GIC Names Two Deputy CIOs, Promotes Liang Jiajie to Lead Fixed Income Unit
GIC, Singapore's sovereign wealth fund, is restructuring its investment leadership with two new deputy group CIOs and a promotion for Liang
UAE's E& Group Sells Entire $5.95B Vodafone Stake; FTSE 100 Edges Higher
E& Group is exiting its entire Vodafone holding in a $5.95 billion sale. UK futures point to a slightly higher open for the FTSE 100. The bl
Hong Kong Tech Stocks Surge 8% This Week as Investors Rotate Into China Internet Names
Hong Kong's tech stocks rallied sharply this week, with the Hang Seng TECH Index up 8% and 14% above its June low. The move reflects a rotat
Copper Rises to $13,528 as Dollar Weakens and Iran Tensions Cool
Copper hit $13,528 a ton on the London Metal Exchange as the dollar weakened and fears of a US-Iran conflict eased. Aluminum also rose, head
African Markets Eye AI Rally, Oil Dip, and Key Data from Rwanda and Kenya
African markets are balancing a global AI-driven stock rally with softer oil prices and key local data. Rwanda's June inflation print and a
Yuan Breaks 6.8 as PBOC Fixing Tightens Grip on Currency Volatility
China's yuan edged past 6.8 per dollar after the PBOC set its strongest daily fixing since February. The narrower gap between the midpoint a
Japan Pushes GPIF to Invest More at Home, Yen and Bonds React
Japan's government wants the GPIF, the world's largest pension fund with 293.4 trillion yen, to shift more money into domestic assets. The y
Palm Oil Futures Slip on Friday but Still Head for Weekly Gain as Market Eyes Supply Data
Malaysian palm oil futures slipped on Friday as crude oil and other edible oils softened, but the benchmark contract remains on track for a