Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
RBC Capital Markets Raises S&P 500 Target to 8,150 on Resilient Economy
RBC Capital Markets raised its 12-month S&P 500 target to 8,150 from 7,900, citing a resilient US economy and improving earnings. The bank u
European Stocks Flat as Tech Gains Offset by Construction Slide; ECB Sintra in Focus
Europe's STOXX 600 closed nearly flat as a tech rally was canceled out by a slide in construction stocks. Traders weighed the durability of
Speculators Pile on Bearish Bets Against Canadian Dollar Ahead of GDP, BoC Speech
Hedge funds and speculators increased bearish bets on the Canadian dollar to the highest level this year, with net short positions rising to
UK Stocks Dip as Middle East Tensions Rattle Markets; Bridgepoint Surges on $1.4B Deal
UK stocks slipped as Middle East tensions dampened investor risk appetite, dragging down miners and cyclical shares. The FTSE 100 fell 0.2%
Congo Tightens Cobalt Export Quotas, Forfeiting Unused Rights by June 30
Congo's minerals regulator is tightening its cobalt export quota system: unused January-to-June rights will be forfeited on June 30 and move
Aluminum Prices Hit Four-Month Low as Strait of Hormuz Tensions Ease
Aluminum prices on the London Metal Exchange slid to their lowest in four months as fears of a major Middle East supply disruption faded. Th
DAX Slips as US-Iran Talks Over Strait of Hormuz Keep Oil Risk in Focus
Germany's DAX index edged lower Monday as investors weighed US-Iran talks over the Strait of Hormuz. Brent crude rose 0.71% on the uncertain
Swiss Stocks Edge Higher as Hormuz Tensions Ease and Key Data Awaited
Swiss stocks edged up as reports of a tentative US-Iran stand-down eased fears of shipping disruptions in the Strait of Hormuz. Investors no
European Stocks Flat as Eni Starts Libya Gas Output and BAT Targets £600M Savings
The Stoxx Europe 600 barely moved Monday, rising just 0.1%. Eni kicked off new gas output in Libya, while British American Tobacco stuck to
FTSE 100 Edges Down as US-Iran Tensions Ease and UK Mortgage Approvals Slip
The FTSE 100 slipped 0.09% on Monday as signs of a US-Iran de-escalation offset cautious sentiment. Meanwhile, Bank of England data revealed
Latin American Markets Flat as Strong Dollar and Fed Rate Outlook Weigh on Sentiment
Latin American markets remained flat as a stronger dollar and expectations of higher-for-longer US interest rates kept risk appetite in chec
Biopharma ADRs Surge as European Stocks Edge Higher on Monday
European ADRs edged up Monday, with the S&P Europe Select ADR Index gaining 0.60%. Biopharma stocks Cellectis and Evaxion jumped over 6%, wh