Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Gold Lifts South African Rand Despite 4.3% Factory Output Drop
South Africa's rand firmed to 16.32 per dollar as gold prices rose over 1%, overshadowing a 4.3% year-on-year decline in May manufacturing o
Arm Surges 12% to Lead European ADRs Higher; S&P Europe Index Up 0.5%
European companies trading in the US as ADRs posted modest gains, led by a 12% surge in Arm Holdings and a 6% rise in Nokia. The S&P Europe
TSX Miners Rally on Gold and Silver Gains Ahead of Canada Jobs Report
Canada's TSX edged higher as gold and silver prices lifted mining stocks, with First Majestic Silver surging 8.7%. Oil slipped, and investor
Chip Stocks Drive Asian ADRs Higher as ASE Technology Surges 9.6%
Asian stocks trading in the US gained Thursday, with the S&P Asia 50 ADR Index rising 0.71% to 2,920.24. Chip stocks led the charge, with AS
Stocks Edge Higher as Oil Prices Swing on Middle East Strikes
Stocks ticked up as oil prices swung after fresh Middle East strikes. The S&P 500 gained 0.41%, while Brent crude slipped back toward $77.54
Morgan Stanley Forecasts Record $6.4 Trillion Global M&A by 2026 as Deals Surge
Morgan Stanley says global M&A could reach a record $6.4 trillion in 2026 after Q2 deal announcements surged 64%. A friendlier US regulatory
AI Stock Pullback Hits Quant Hedge Funds Hard, Worst Run Since August
Quantitative hedge funds are suffering their worst performance since August as a sharp reversal in AI-related stocks erodes gains. Goldman S
Barclays Preps $875 Million Debt Package for Blackstone-Tinicum Buyout of Senior
Barclays is preparing $875 million in debt financing for Blackstone and Tinicum's planned acquisition of UK aerospace supplier Senior. The d
Dry Bulk Shipping Rates Hit One-Month High as Capesize, Panamax, Supramax Strengthen
Dry bulk shipping rates hit a one-month high as the Baltic Exchange's main index climbed 1.4% to 2,910 on Thursday. Capesize, panamax, and s
Saudi Stocks Dip as Industrial Output Falls 18.7% in May, Oil Sector Drags
Saudi stocks edged lower as industrial output fell 18.7% year over year in May, led by a sharp decline in oil activities. Business confidenc
Volkswagen Workers Rally Across Germany as Reports Cite Up to 100,000 Job Cuts
IG Metall staged protests at more than a dozen Volkswagen sites ahead of a supervisory board meeting, after reports said the automaker is co
Stocks Hold Steady as US-Iran Strikes and Fed Split Keep Markets on Edge
US stocks held steady Thursday as new US-Iran strikes near the Strait of Hormuz pushed oil prices higher and Treasury yields rose. Traders a