Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
King Street Locks Out Hedge Fund Investors, Shifts Redemptions to Side Vehicle
King Street Capital Management is restricting withdrawals from its main hedge fund. Investors who request redemptions will be moved into a s
Stocks Edge Higher as Wholesale Inflation Cools, Geopolitical Risks Loom
The Nasdaq gained 0.4% as wholesale inflation cooled more than expected in June. However, investor optimism was tempered by reports of poten
Ford Warns US Automakers as BYD Sets Sights on Overtaking Toyota Globally
Ford Executive Chairman Bill Ford says US automakers must prepare for subsidized Chinese rivals. Meanwhile, BYD claims it can overtake Toyot
Sugar Slips on Better Brazil and India Weather; Cocoa Rebounds Ahead of Key Demand Data
Sugar slid toward two-week lows as better weather in Brazil and steadier rains in India cooled supply worries. Cocoa bounced as traders awai
Treasury Yields Slide as June PPI Drop Signals Cooling Inflation, Fed Hike Odds Plummet
June's producer price index dropped 0.3%, far below expectations, sending Treasury yields lower. Traders now see only a 10% chance of a Fed
Loonie Rally Fades After Bank of Canada Holds Rates, Drops Hike Warning
The Canadian dollar briefly touched a four-week high as the US dollar weakened, but gains faded after the Bank of Canada held rates at 2.25%
US Stocks Split as Cooling Inflation Offsets Red Sea Shipping Worries
US stocks showed a split personality Thursday. Broad-market ETFs edged higher on softer wholesale inflation data, but tech and chip funds sl
Slate Grocery REIT Holds July Distribution Steady at $0.072 Per Unit
Slate Grocery REIT announced it will maintain its July cash distribution at $0.072 per unit, payable on August 17th. The steady payout refle
FTSE 100 Snaps Winning Streak as Miners and Energy Stocks Slide on Weaker Commodities
The FTSE 100 snapped a three-day winning streak, slipping 0.1% as mining and energy stocks fell with weaker metals and oil prices. Middle Ea
DAX Dips as BASF Cash Burn Overshadows Sales Growth, Oil and Factory Data Weigh
Germany's DAX slipped 0.51% after BASF posted higher second-quarter sales but negative free cash flow, raising concerns about cash managemen
Goldman Sachs: G10 Carry Trade Returns at Best Levels in Over Two Decades
Goldman Sachs says wide interest-rate gaps and calm currency markets have created the best backdrop for G10 carry trades in over two decades
BoC Holds Rates Steady, TSX Edges Up as Financial and Real Estate Stocks Rally
The Bank of Canada held interest rates unchanged at 2.25%, sending the TSX higher as financial and real estate stocks gained. The central ba