Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Yuan slips despite PBOC's strongest fix since Feb 2023
The yuan slipped on Tuesday even after the PBOC set its strongest daily reference rate since February 2023. A steadier dollar and weak domes
Nikkei rebounds 1% as SoftBank surges 9% on AI spending rethink
Japan's Nikkei rebounded about 1% by midday, led by a 9% surge in SoftBank Group. Investors are weighing whether US tech leaders' caution on
Rupee seen near 95.80 as RBI defends level against oil-driven pressure
Traders expect the rupee to open near 95.80 per dollar, a level the RBI has repeatedly defended, as Brent crude trades around $107 a barrel.
Gold steadies near $4,301 as traders await Fed's rate path clues
Gold steadied near $4,301 an ounce after hitting a one-month low, as traders positioned for a quarter-point Fed hike and focused on Chair Ke
Oil surge and higher-for-longer rates set up rocky start for Australian shares
Australian shares are set for a shaky start after US markets fell overnight, with oil jumping and gold sliding on renewed 'higher for longer
US ETFs Hit Record $16.4 Trillion in August on Market Gains and Inflows
US ETFs ended August at a record $16.4 trillion, up from $15.8 trillion, as market gains and investor inflows fueled growth. Vanguard led wi
Financial stocks slip as investors await Fed's rate decision
US financial stocks slipped Monday as investors awaited the Fed's rate decision. UBS expects a 25-basis-point hike this week, while JPMorgan
German stocks slip as oil risks and central bank week collide
German stocks slipped Monday as Middle East shipping risks pushed oil prices higher, just as investors braced for a packed week of central b
Brazil's Tightening Race Sends Real and Bovespa Lower, Regional Markets Slide
Brazil's currency and stock market dropped after polls showed a statistical tie in the presidential race. The jitters spread across Latin Am
Vista explores sale of banking software firm Finastra
Vista Equity Partners is exploring strategic options for Finastra, the London-based banking software firm, including a potential sale. Morga
Zurich's Beazley deal clears regulatory hurdle, lifting Swiss stocks
The SMI gained 0.75% on Monday after Zurich Insurance said it has all regulatory approvals for its Beazley acquisition. A court hearing on S
European ADRs slip 1.09% as Nokia drops 10% on weak start to week
European stocks trading in the US as ADRs opened the week lower, with the S&P Europe Select ADR Index down 1.09%. Nokia led declines with a