Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
SARB rate hike fails to steady rand as US yields dominate
South Africa's central bank lifted its key rate by 25 basis points to 7.25%, yet the rand weakened to about 16.40 per dollar. Traders remain
Rupiah heads for worst week since May as US yields climb
Indonesia's rupiah weakened to around 17,935 per dollar, heading for its worst week since mid-May. Higher US Treasury yields and a stronger
Rupiah hits 17,935 per dollar as US yields pressure emerging markets
Indonesia's rupiah slipped to 17,935 per dollar, on track for its worst weekly decline since mid-May, after Bank Indonesia held rates at 5.7
African Markets Face Twin Pressures: High US Yields, Soft Oil
African markets are bracing for a tough session as US Treasury yields hover near two-decade highs and oil prices slip on possible US-Iran tr
Japan's stocks climb on AI chip demand and dividend deadline rush
Japanese stocks climbed as investors piled into AI-linked chipmakers and high-dividend banks ahead of Monday's mid-term payout deadline. Sof
Weak yen lifts Japanese rubber futures to biggest weekly gain since April
Japanese rubber futures are heading for their biggest weekly gain since early April, but the move is mostly about currency, not demand. A we
10-Year Treasury Yield Tops 5.2% as Oil Nears $105, Pressuring Stocks
US 10-year Treasury yields topped 5.2% for the first time in decades, while oil hovered near $105 a barrel. The combination is tightening fi
Hong Kong Stocks Slip as Oil and Yields Rise on US-Iran Talks
Hong Kong stocks slipped 1% as oil prices and US Treasury yields rose, keeping markets on edge. Investors also tracked US-Iran talks and the
Oil's climb back above $100 hits Australian shares as rate hike bets firm
Australian stocks slipped 0.5% on Friday as crude oil climbed back above $100 a barrel, stoking fresh inflation fears. Investors now lean to
Oil jumps 3% on Houthi strike, Australian shares under pressure
Oil jumped about 3% after a Houthi missile strike on Saudi Arabia, before cooling on reports of US-Iran talks. Australian shares are under p
Gold's 16% drop is a pause, not a reversal, says L1 fund manager
Gold has fallen about 16% since the US-Iran war began in late February, but L1 fund manager Raphael Lamm sees it as a pause. He points to he
Stronger Dollar and Rising US Yields Pressure Latin American Markets
MSCI's Latin America equity index dropped 1.7% as a stronger dollar and rising US bond yields drew capital away from the region. Mexico's ce