Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
South African Rand Holds Near 16.50 as High Bond Yield Offsets Commodity Slump
South Africa's rand held near 16.50 per US dollar on Friday, supported by high local bond yields even as gold and platinum prices slipped. T
Rubber Futures Slide as Seasonal Supply Surge and Falling Oil Prices Weigh on Market
Rubber futures in Japan and China slipped this week as seasonal supply picked up in Indonesia and Vietnam, outweighing concerns about heavy
Nikkei 225 Plunges 4.15% as AI Stock Frenzy Reverses Sharply
Japan's Nikkei 225 tumbled 4.15% on Friday after a US sell-off in AI-linked and semiconductor stocks spread to Asia. The drop highlights how
KOSPI Plunges 5.8% as AI Chip Doubts Trigger Circuit Breakers
South Korea's KOSPI index dropped 5.8% on June 26, triggering circuit breakers as a US tech selloff spread. Heavyweight chip stocks Samsung
S&P Upgrades NEC to A- as IT Services Profitability Strengthens
S&P Global Ratings raised NEC's credit rating to A- from BBB+, reflecting stronger profitability in its IT services business. The agency exp
Heathrow Cuts 2026 Outlook as UK Markets Slide; Oil and Gold Head for Weekly Losses
Heathrow cut its 2026 passenger forecast and flagged profit pressure, sending FTSE 100 futures lower. Oil and gold headed for weekly losses,
India's Gold Premium Returns as Price Dip Sparks Buying, China Demand Lags
Gold is trading at a premium in India again after a price pullback brought buyers back. Meanwhile, China's consumer demand remains soft even
New Zealand Stocks Hold Steady as Wall Street Slips; RBNZ Rate Path in Focus
New Zealand stocks ended Friday little changed, shrugging off a tech-led dip on Wall Street. ASB expects the RBNZ to hold rates at 2.25% in
Copper Smelters Turn to Gold and Acid as Processing Fees Hit Zero
Copper smelters are struggling as processing fees drop to zero or below, forcing them to rely on gold, silver, and sulfuric acid for profit.
Air France-KLM Raises €500M in Bond Market with 4.25% Fixed Coupon
Air France-KLM raised €500 million by issuing five-year senior notes with a 4.250% coupon. The bond sale helps the airline lock in fixed int
Yuan Heads for Biggest Weekly Drop Since March as Strong Dollar Pressures PBOC
China's yuan slipped again, heading for its biggest weekly drop since early March. A strong dollar, fueled by hawkish Fed talk and higher US
Ghana to Buy 30% of Miners' Gold as US Sanctions Rwanda Refinery Over DRC Smuggling
Ghana will start buying 30% of large miners' gold output from July 1st to build foreign reserves. Separately, the US sanctioned Rwanda's Gas