Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Palm Oil Prices Stall Near 4,571 Ringgit as Weak Demand Offsets Crude Oil Support
Palm oil prices are stuck in a tight range near 4,571 ringgit per ton. Weak demand from top buyers India and Indonesia is offsetting support
NZX 50 Flat as US Inflation Cools and New Zealand Spending Slips
The NZX 50 ended unchanged at 13,635.07 as a sharper-than-expected drop in US inflation offset weak local card spending data. Investors are
FTSE 100 Opens Lower as Oil Surges on Iran-US Tensions; DCC Takeover Talks Heat Up
The FTSE 100 opened about 0.3% lower as oil prices rose after fresh Iran-US military escalation. Meanwhile, takeover talk swirled around DCC
Indian Bonds Rally as US Inflation Cools, Fed Rate Hike Odds Drop
Indian government bonds rallied after a cooler US inflation reading pushed Treasury yields lower and reduced expectations of further Fed rat
Indian Stocks Rise as Financials Rebound Amid Earnings Season Kickoff
Indian stocks edged higher in early trading Wednesday, with financial firms leading the rebound as the June-quarter earnings season gets und
China's Market Split Deepens as Investors Rotate Out of Chip Stocks
China's second-quarter growth miss barely moved mainland benchmarks, but the tech-heavy STAR 50 slid 3.7% as traders took profits ahead of C
Bank Earnings Surge and Russell 2000 Poised for Best Year in Decades
Five major banks reported blockbuster profits to start earnings season, while the Russell 2000 small-cap index is heading for its best year
Copper Edges Higher as US Inflation Data Eases Rate Hike Fears, China Growth Caps Gains
Copper prices edged higher after a softer US inflation reading eased fears of prolonged high interest rates. However, disappointing China gr
South Korea's KOSPI Surges 7% as AI Chip Stocks Skyrocket, Triggering Trading Curb
South Korea's KOSPI surged more than 7% on Wednesday, driven by AI chip heavyweights SK Hynix and Samsung Electronics. The rally briefly tri
Yuan Strengthens to June High as Weak China GDP Fuels Stimulus Hopes, Dollar Slips
China's yuan rose to its highest since June 18 after second-quarter GDP growth missed forecasts at 4.3%, reviving bets on stimulus. A weaker
Aussie and Kiwi Dollars Rally as US Inflation Cools, Fed Rate Hike Odds Drop
The New Zealand dollar briefly hit a one-month high as traders trimmed Fed hike bets and priced in another RBNZ increase. Softer US inflatio
Japan's Nikkei Pares Gains as Traders Await ASML Earnings for AI Chip Clues
Japan's Nikkei index jumped as much as 1.5% on Wednesday before trimming gains to 0.58% as traders held off ahead of ASML's earnings. Chip-l