Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Rupee Steadies as Brent Crude Drops 2%, Offering Relief to India's Oil-Dependent Economy
India's rupee looked set to open slightly stronger after Brent crude fell about 2%, providing a breather for the oil-importing economy. The
Japan Urges Giant Pension Fund to Buy Local Assets, Yen Rises
Japan is leaning on its massive Government Pension Investment Fund to invest more at home, aiming to support the weak yen. The currency rose
Japan's Nikkei Surges as AI Chip Stocks Rally and Yen Strengthens on Pension Fund Shift
Japan's Nikkei climbed on a chip-led rally, with Micron's $250 billion US investment plan sparking gains. Comments about steering pension fu
Hugo Boss Urges Shareholders to Reject Frasers' €2.7 Billion Takeover Bid
Hugo Boss is urging shareholders to reject Frasers Group's €2.7 billion takeover bid, saying it significantly undervalues the company. The m
South Korea Warns Won's Slide Misaligned with Fundamentals, Launches 24-Hour Trading
South Korea's deputy finance minister says the won's slide is out of step with the country's strong exports and dollar reserves. The governm
KOSPI Jumps 4.6% in Relief Rally, but AI Doubts and Weak Won Keep Investors on Edge
South Korea's KOSPI jumped 4.62% on Friday as chip giants Samsung and SK Hynix rallied, but the index still ended the week down 6.1%. Foreig
Kiwi Hits Three-Week High as Traders Bet on More RBNZ Rate Hikes
The kiwi hit a three-week high near $0.5778 as traders price in a 73% chance of a follow-up rate hike from the Reserve Bank of New Zealand i
ASX Flat as Bank and Healthcare Losses Offset Mining Gains Amid Hormuz Reopening
Australian shares barely moved as mixed sector performance kept the market flat. Banks and healthcare dragged, while miners and tech offered
Yen Hovers Near 40-Year Low as Traders Await Possible Intervention
Japan's yen is hovering near a 40-year low against the dollar, with $1 buying about 162 yen. The slide is driven by higher US interest rates
Australian Stocks Poised for Modest Gains as Global Markets Rally on Easing Oil
Australian stocks are expected to open higher after global markets rallied on easing oil prices and a gold rebound. The S&P 500 and Nasdaq b
Treasury Yields Slide as Strong 30-Year Auction Lures Buyers Amid Iran Tensions
US Treasuries found buyers Thursday after a sharp yield spike earlier this week. A strong $22 billion 30-year auction pulled yields lower, e
Canadian Dollar Steadies as Export Data Offsets Oil Drop, Jobs Report in Focus
The Canadian dollar held its ground against the US dollar on Thursday, even as crude oil fell 2.3%. Better-than-expected export data and a s