Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Sterling Slips as Dollar Strengthens on US Jobs Data Anticipation
Sterling dipped 0.23% to $1.3234 as higher US Treasury yields boosted the dollar. Investors are parsing signals from central bankers in Sint
Markets Pause as Investors Eye US Jobs Data, Rising Yields and Yen Weakness
After a strong quarter led by chipmakers, markets are taking a breather. Investors are watching rising Treasury yields, a weaker yen, and st
Aluminum Hits Four-Month Low as Middle East Risk Premium Fades, Dollar Strengthens
Aluminum prices dropped to a four-month low as traders removed risk premiums tied to Middle East tensions. A stronger dollar and expectation
South Korea's KOSPI Drops 2% as Iran Nuclear Talks Stall; LG Electronics Falls 5% on Robotics Bet
South Korean stocks took a hit as Iran's Parliament Speaker declared nuclear red lines non-negotiable, sending the KOSPI down 2%. LG Electro
Euro Zone Bond Yields Edge Higher as Investors Await June Inflation Data
Euro zone bond yields ticked up as markets awaited June inflation data and weighed Middle East risks. Italy's 10-year yield rose more than G
European Stocks Slip as Iran Talks Stall and ECB Conference Awaited
European stocks took a breather after a strong quarter-end run, with the STOXX 600 slipping 0.3%. Iran-US talks appeared stuck again, and tr
Australia's Commodity Prices Dip in June as Base Metals Weaken
The RBA's commodity price index dropped 2.2% in June, pulled down by base metals. Rural commodities rose, and the decline was milder in Aust
RBI's Record $106.7B Forward Position Keeps Rupee Steady Near 94.68
The Indian rupee traded near 94.68 per US dollar as the RBI used record forward dollar sales to smooth volatility. The central bank's $106.7
ASX Drops 0.6% as Iran Tensions Push Oil to $73.31
The S&P/ASX 200 fell 0.6% as Middle East tensions pushed oil prices higher. Brent crude rose to $73.31 after Iran refused to meet US envoys.
Palm Oil Futures Rebound on Soyoil Strength and Weaker Ringgit
Malaysian palm oil futures rebounded Wednesday, lifted by firmer US soyoil prices and a weaker ringgit. Indonesia's new B50 biodiesel mandat
AI Enthusiasm Shifts to Chipmakers as Software Firms Face Rising Debt Costs
AI investing enthusiasm is moving from software companies spending on AI to chipmakers selling the picks and shovels. Meanwhile, lenders are
BayWa Extends Restructuring to 2030, Seeks to Convert €700 Million in Liabilities
BayWa has pushed its restructuring timeline to 2030, proposing to convert up to €700 million of liabilities into subordinated debt. The plan