Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Wall Street Rally Faces Rising Costs as Bank Financing Tightens
Wall Street's stock rally is increasingly funded by borrowed money, but Reuters reports that financing costs are rising as bank balance shee
AI Trade Hits a Wall as Strong Economy Clashes with Rising Real Rates
Solid US jobs and consumer spending are clashing with falling big tech stocks and lower Treasury yields. Rising real rates are starting to b
Wall Street Eyes Payrolls, Fed Speech, and Oil as Tech Selloff Deepens
The Nasdaq fell last week, dragging all Magnificent-7 stocks lower. Now investors are watching three key factors: nonfarm payrolls, Fed Chai
Nasdaq 100 Futures Jump as US-Iran Tensions Ease, Rate Cut Hopes Rise
Nasdaq 100 futures climbed 1.02% early Monday after a US official said Washington and Tehran plan to de-escalate tensions. The move reflects
Singapore Stocks Edge Up as Geopolitical Tensions Cool; Metech and XMH Make Moves
Singapore stocks inched higher as geopolitical nerves over the Middle East eased, lifting the Straits Times Index by 0.3%. Metech Internatio
Zloty Holds Steady as Dollar Strength Caps CEE Currency Moves Ahead of Poland CPI
Central European currencies barely budged Monday, with Poland's zloty stuck near 4.28-4.29 per euro. A strong dollar and calmer Gulf headlin
Malaysia's Fund Managers Near $300 Billion Milestone, Fitch Says
Fitch Ratings forecasts Malaysia's fund management industry assets will top $300 billion by late 2026 or 2027, up from $283 billion. Retail
Hong Kong Stocks Surge 1.6% as US-Iran Talks Ease Oil Disruption Fears
Hong Kong stocks climbed 1.6% Monday after the US and Iran agreed to pause attacks and restart talks. The deal eased fears that oil shipment
Gulf Stocks Dip as US-Iran Ceasefire Strains Overshadow Aramco's Ras Tanura Restart
Gulf stock markets slipped as the US-Iran ceasefire faced fresh accusations of violations from both sides. The uncertainty hit valuations ev
China's Sci-Tech Bonds Give LGFVs a Policy-Backed Funding Route, Fitch Says
China's loosened rules for sci-tech innovation bonds have opened a policy-backed funding route for local government financing vehicles (LGFV
China Stocks Rally as Industrial Profits Jump 18.8%, Signaling Factory Resilience
China's stock market climbed Monday after data showed industrial profits rose 18.8% year-over-year in the first five months. The Shanghai Co
Pound Steadies Near 7-Month Low as Burnham Speech, Finance Minister Pick Loom
The pound is steady near a seven-month low as investors watch for Andy Burnham's fiscal speech and finance minister pick. Heavy bearish posi