Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Funds Slash Bearish Wheat Bets on Euronext as Rapeseed Optimism Grows
Funds and financial institutions halved their net short position on Euronext milling wheat futures in the week to June 26. Meanwhile, bullis
Treasury Yields Retreat After Weak ADP Jobs Data and Dovish Fed Signals
US Treasury yields cooled after a weaker-than-expected ADP jobs report and dovish comments from a former Fed official. The 10-year yield fel
Goldman Sachs Private Credit Fund Sees Low Redemptions as Peers Struggle
Goldman Sachs reported that its GS Credit private credit fund faced redemption requests of just 3.24% of shares in Q2, far below the 5% cap.
European ADRs Slide as AstraZeneca, Ericsson Lead Broad Decline in US Trading
European stocks trading in the US as ADRs dropped 1.61% on Wednesday, led by AstraZeneca and Ericsson. The decline signals cautious investor
LME Explores Outdoor Aluminum Storage to Boost Hong Kong Warehouse Viability
The London Metal Exchange is exploring relaxed warehousing rules in Hong Kong, such as allowing outdoor aluminum storage, to address high co
China State Buyer CMRG Tells Mills to Halt Fortescue Portside Deliveries
China Mineral Resources Group (CMRG) has told some Chinese steel mills not to accept certain Fortescue iron ore cargoes at ports from July 1
Asian ADRs Flat as Token Cat Surges 170%, Wipro Plunges 12%
US-traded Asian ADRs were nearly flat, but the index hid extreme swings. Token Cat jumped 170% and Wipro dropped 12%, highlighting the risks
Dollar Eases as Fed Official Strikes Calmer Inflation Tone; Yen Rebounds from 40-Year Low
The dollar took a breather after a senior Fed voice struck a calmer tone on inflation. The yen rebounded from a 40-year low as traders trimm
Gold Surges 2.1% as Weak ADP Hiring Data and Dovish Fed Comments Weigh on Yields
Spot gold rose 2.1% as softer private hiring data and dovish comments from former Fed governor Kevin Warsh pushed Treasury yields lower. Mar
Foreign Investors Pull $137 Billion from Asian AI Chip Stocks in Record Outflow
Foreign investors withdrew a net $137.36 billion from Asian stocks in the first half of the year, the fastest six-month outflow since at lea
South Africa's Rand Holds Near 16.37/$ as US-Iran Talks and Factory Sentiment Weigh
South Africa's rand remained near 16.37 per dollar on Wednesday, as traders weighed uncertainty around US-Iran talks and a June decline in f
US Futures Fall as ADP June Hiring Miss Signals Cooling Labor Market
US stock futures fell Wednesday after ADP data showed private employers added only 98,000 jobs in June, well below the expected 120,000. The