Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
UAE and Saudi Arabia follow Fed with quarter-point rate hikes
The central banks of the UAE and Saudi Arabia each lifted their benchmark rates by 0.25%, following the Federal Reserve's move to a target r
Turkey shores up markets after fund redemptions freeze sparks selloff
Turkey moved to stabilize its markets after two fund managers froze redemptions, sparking a sharp selloff in the BIST-100 before a quick reb
Traders See 94% Chance of Fed Rate Hike After Hot August Inflation
August inflation came in hotter than expected, and traders now see a 94% chance the Fed raises rates again in September. Here's what that me
China's yuan fixing hits 3-1/2-year high as Fed hike lifts dollar
The PBOC set the yuan's daily midpoint at 6.7580 per dollar, its strongest since February 2023, despite a firm dollar after the Fed's quarte
European stocks edge higher as oil slips and bond markets calm
European stocks edged higher as falling oil prices and calmer bond markets supported risk appetite. Travel and tech led gains, while energy
Rubber prices split as weak yen lifts Osaka, oil drags Shanghai
Rubber prices moved in opposite directions on Thursday. Osaka's February contract rose as a weak yen made Japanese futures cheaper for overs
Why today's AI rally isn't the dotcom bubble — yet
Today's AI-fueled rally doesn't neatly match the dotcom bubble, says a Reuters column. Tech leaders are profitable, but rich valuations and
FTSE 100 flat as investors await BoE's rate decision and energy signals
The FTSE 100 stayed flat as markets waited for the Bank of England's rate decision. Rising energy prices have investors wondering if the cen
Rupee dips past 96 per dollar before RBI-linked dollar sales pull it back
The rupee briefly slipped past 96 per dollar on Thursday before rebounding to 95.90, after state-run banks likely sold dollars for the RBI.
Palm oil prices stall after hitting 21-month high on weak exports
Palm oil prices in Malaysia hit a 21-month high and then stalled as early-September export data disappointed and traders started talking abo
Indian stocks rebound as banks lead, but Fed and oil cap gains
Indian stocks rebounded modestly as bargain hunters stepped in after a recent selloff, with bank shares leading the way. However, the Fed's
Dollar's seven-week high pressures Asian currencies as Fed turns hawkish
The dollar surged to a seven-week high after the Federal Reserve's first rate hike in over three years, dragging Asian currencies like the r