Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
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
European AI Chip Stocks Slip as Defense Names Gain on NATO Summit Focus
The STOXX Europe 600 held steady as investors sold AI-linked chip stocks and watched a NATO summit in Turkey for defense deals. ASML and Inf
South Korea's KOSPI Triggers Circuit Breakers as AI Chip Optimism Falters
South Korea's KOSPI index fell 4.9% on Tuesday, triggering circuit breakers after chip giants Samsung and SK Hynix plunged. The sell-off ref
Rubber Futures Edge Up on Weak Yen and Higher Oil, Not Tire Demand
Rubber futures in Japan and China inched up, but the gains were powered by a weak yen and higher oil prices, not a recovery in tire demand.
ASX 200 Dips as Strait of Hormuz Tensions Push Oil Near $72
The ASX 200 closed down 0.31% as oil prices rose on reports of shipping attacks in the Strait of Hormuz. Meanwhile, RBA payments data showed
Rupee Edges Up to 95.28 as NDF Contracts Mature, But Corporate Dollar Demand Caps Gains
India's rupee edged up to about 95.28 per US dollar on Tuesday, supported by maturing offshore forward contracts and a firmer daily fix from
Samsung's AI Trade Reality Check Sends Asian Stocks Tumbling
South Korea's market triggered circuit breakers after Samsung slid 9.8%, as its record profit failed to satisfy the high expectations of the
SKY Network Secures Exclusive NRL Rights in Seven-Year Deal as NZ Stocks Near Highs
SKY Network Television has locked in exclusive NRL broadcast rights for New Zealand under a seven-year agreement with the Australian Rugby L
South African Markets Hold Steady as Investors Await Fed Minutes for Rate Clues
South African assets opened the week on pause: the rand held steady and the JSE Top-40 fell 0.7% as investors waited for the Federal Reserve
China Stocks Slide as Property Shares Drag Markets Ahead of Fed, Data Cues
Chinese and Hong Kong stocks dipped as property shares fell 3.1%, dragging broader markets. Investors are waiting for Fed minutes and China'
Aluminum Prices Dip as Middle East Supply Fears Ease, but LME Inventories Hit 2022 Lows
Aluminum prices slipped as traders dialed back Middle East supply worries, but LME inventories remain at their lowest since 2022. The tight