Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
ASX 200 Flat as Miners Rise, Banks Fall on RBA Rate Uncertainty
The S&P/ASX 200 finished unchanged as rising miners countered falling banks. Mixed economic data has left traders guessing whether the RBA w
Yen Hovers Near 40-Year Low as Fed Rate Cut Hopes Fade
Japan's yen is hovering near a 40-year low around 161.82 per US dollar. May PCE inflation matched forecasts, but mixed Fed signals and a wid
ASX 200 Slips as Strong Jobs Data Revives RBA Rate Hike Fears
Australian stocks slipped as a stronger May jobs report kept the Reserve Bank of Australia's rate-hike risk on the table. The ASX 200 fell 0
Oil Bounces but Canadian Dollar Stays Stuck Near Tariff-Era Lows as Yield Gap Widens
Canada's main stock index edged up as oil prices rebounded, but the Canadian dollar stayed stuck near its April 2025 tariff-era lows. A wide
Emerging Markets Offer Income Opportunity Beyond Traditional Growth Play
Emerging markets are no longer just for growth investors. They now offer a unique income opportunity with expanding dividends and structural
May PCE Inflation Hits 4.1% as Expected; JPMorgan Names New Co-Presidents
May's headline PCE inflation hit 4.1%, matching expectations, so markets didn't panic. JPMorgan also named Doug Petno and Troy Rohrbaugh co-
Ares Caps Withdrawals Again at $23B Private Credit Fund as Redemption Requests Surge
Ares Management capped withdrawals again at its $23 billion private credit fund after Q2 redemption requests hit 14.4%. The fund limited rep
Prediction Market Kalshi Seeks $40 Billion Valuation in New Fundraising Round
Kalshi, a platform for betting on real-world events, is raising new capital at a $40 billion valuation. Monthly trading volume has tripled t
European Stocks Hit Record Close as Bayer Surges on Supreme Court Win
European stocks closed at a record high, with the STOXX Europe 600 rising 0.8%. Bayer surged 18.7% after a US Supreme Court ruling narrowed
South African Rand Strengthens as US Inflation Data Weakens Dollar
South Africa's rand strengthened as the dollar slipped after US inflation data met expectations. The move came despite local producer inflat
Big Tech Slumps as Rate Hike Fears Resurface, But Chip Stocks Rally on AI Demand
The Nasdaq fell 1.2% Thursday as Apple and other mega-caps slid on rate hike fears, but chip stocks rallied on strong AI demand. Micron jump
FTSE 100 Rises as Oil Retreats to Pre-Strike Levels, Easing Inflation Fears
The FTSE 100 rallied on Thursday as oil prices slid back to levels seen before the Iran strikes, easing inflation concerns. Brent crude fell