Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Aluminum Prices Rise as Middle East Tensions and Low Inventories Squeeze Supply
Aluminum prices edged up as Middle East shipping disruptions and dwindling LME inventories to 292,425 tons—the lowest since September 2022—t
Indian Stocks Pause After Four-Day Rally as Profit-Taking Sets In Ahead of TCS Earnings
Indian stocks took a breather Tuesday, with the Nifty 50 and Sensex each dipping 0.13% as profit-taking followed a four-day rally. IT shares
Malaysia Stocks End Winning Streak as Middle East Tensions Rattle Regional Markets
Malaysian stocks snapped a winning streak as fresh Middle East tensions pushed investors toward safer assets. The KLCI closed nearly flat, w
China's Central Bank Extends Gold Buying Streak to 20 Months Despite Price Drop
China's central bank bought 480,000 ounces of gold in June, extending its buying streak to 20 straight months. The purchase came despite spo
Singapore STI Bucks Regional Weakness; Skylink, Luminor in Focus
Singapore's Straits Times Index edged up 0.2% on Tuesday, outperforming a cautious regional market. Corporate actions drove individual stock
Bank of England Warns Crowded AI Bets Could Amplify Market Turmoil
The Bank of England warned that leveraged, momentum-driven AI bets could worsen any market selloff if sentiment shifts. UK banks are resilie
Chip Stocks Slide as AI Spending Doubts Hit Nasdaq Futures
Nasdaq-100 futures slipped Tuesday after memory-chip stocks like Micron and Western Digital fell sharply in premarket trading, testing inves
Czech Crown, Hungarian Forint Dip as Cooling Inflation Paves Way for Rate Cuts
The Czech crown and Hungarian forint fell after June inflation came in below expectations, raising the odds of interest rate cuts. Geopoliti
Hong Kong Stocks Dip as AI Valuation Fears Resurface Ahead of Fed Minutes
Hong Kong stocks slipped Tuesday as the Hang Seng dropped 0.5%, driven by renewed concerns that AI-related shares may be overvalued. Investo
Yen Holds Near 40-Year Low as Traders Await Fed Minutes for Rate Clues
The yen is hovering near a 40-year low around 162 per US dollar, keeping markets on alert for possible intervention from Tokyo. Traders are
Pound Hits Three-Week High as Weak US Jobs Data and Falling Oil Weigh on Dollar
The pound hit a three-week high near $1.34 and a one-year high against the euro as softer US jobs data and falling oil prices reduced expect
Sumitomo Mitsui Trust Invests $500M in Morrison for Global Infrastructure Push
Sumitomo Mitsui Trust Bank is acquiring a 15% stake in infrastructure investor Morrison, committing $500 million. The deal aims to boost Jap