Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
BHP's Copper Output Cut Drags Australian Market to Flat Close
BHP's copper production outlook for fiscal 2027 fell short of expectations, causing its shares to drop over 2%. The decline weighed on Austr
Asia Chip Selloff Triggers KOSPI Trading Halt as TSMC Earnings Loom
South Korea's KOSPI sank as much as 7.6%, triggering a sidecar trading halt, as chip stocks tumbled ahead of TSMC earnings. The selloff high
Gold Slips as Oil Surge Keeps Fed Rate Hike on the Table for December
Gold slipped Thursday as oil surged 11% this week on escalating US-Iran tensions, keeping inflation fears alive. Traders now see a 73% chanc
Rupee Slips to 96.30 as NDF Settlement Demand Pressures Onshore Market
India's rupee dropped to 96.30 per US dollar on Thursday, driven by dollar demand from maturing non-deliverable forwards during the RBI's fi
Japan's Long Bonds Wobble as Oil Rekindles Inflation Fears
Japan's longest-dated government bonds fell on Thursday, pushing yields up as oil rose on renewed US-Iran tensions and a Bank of Japan surve
ABB's $5.5 Billion Rotork Buy and British Steel Nationalization Reshape UK Corporate Landscape
UK stocks edged lower as ABB's $5.5 billion acquisition of Rotork and the government's takeover of British Steel dominated headlines. The mo
Nickel Rallies Nearly 2% on Strait of Hormuz Supply Fears
Nickel rose nearly 2% on the London Metal Exchange after concerns that disruptions in the Strait of Hormuz could tighten sulfur supplies, a
Indian Stocks Edge Up as IT Rebounds; Oil Stays Near $85 on Iran Strikes
The Nifty 50 rose 0.2% as Wipro and Tech Mahindra gained ahead of results. Brent crude hovered near $85 after US strikes on Iran's coastal d
Aussie and Kiwi Hold Near Multi-Week Highs as Fed Rate Hike Bets Fade
The Australian and New Zealand dollars are holding near multi-week highs as traders dial back expectations for further Federal Reserve rate
Australian Spending Cools in June as Shoppers Stick to Essentials
Australian household spending edged up 0.3% in June, but the pace cooled as retail, hospitality, and recreation lost momentum. CommBank says
China's Yuan Retreats as PBOC Sends Subtle Curb on Currency Strength
China's yuan pulled back from a one-month high after the central bank set a daily midpoint well below market expectations. The move signals
South Korea Plans New Curbs on Single-Stock Leveraged ETFs After KOSPI Volatility
South Korea's financial regulator plans new curbs on single-stock leveraged ETFs after a 6% KOSPI drop. The rules target leverage caps and r