Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Oil above $100 keeps pressure on South Korean stocks as KOSPI slides 1.8%
The KOSPI dropped 1.8% on Friday as oil prices held above $100 a barrel and investors braced for US inflation data. Rising energy costs thre
India's REC raises ₹70 billion in AAA-rated bond sale
India's REC raised ₹70 billion in the bond market, selling 5-year and 10-year notes at coupons of 7.67% and 7.73%. The AAA-rated lender's mo
Motilal Oswal plans 5-year bond sale to raise up to ₹5.6 billion
Motilal Oswal Financial Services is lining up a five-year bond sale to raise up to ₹5.6 billion at an 8.7% coupon. Bids are due Tuesday, wit
European stocks steady but head for worst week since April as oil tops $100
European stocks tried to stabilize Friday, but the STOXX 600 was still heading for its worst week since April. Oil above $100 and elevated b
KOSPI drops 1.76% as hot US inflation and Treasury sell-off hit South Korean stocks
South Korean stocks slid 1.76% as hot US inflation and a Treasury sell-off boosted expectations of another Fed rate hike. Local bond yields
RBI steps in to steady rupee as oil and US yields bite
India's rupee wobbled as Brent oil neared $110 a barrel and US bond yields climbed, prompting the RBI to step in with dollar sales and short
Oil near $107 drags New Zealand stocks lower on inflation fears
New Zealand's benchmark index dropped 0.95% on Friday as higher oil prices fueled inflation concerns. Brent crude near $107 raised fears tha
Oil's return to $100 reignites UK inflation worries
Oil prices have climbed back above $100 for the first time since May, reviving inflation concerns and pressuring UK stocks. The FTSE 100 fel
ECB Hikes Rates to 2.5% as Inflation Persists
The European Central Bank raised its key interest rate to 2.5% on Thursday, a move that was widely anticipated by markets. The decision sign
Yuan holds steady as PBOC fix counters firmer dollar ahead of US CPI
China's yuan held its ground Friday even as the dollar firmed, thanks to a stronger-than-expected daily fixing by the People's Bank of China
Oil rally near $110 and 5% Treasury yields push Indian rupee lower
India's rupee is under fresh pressure as Brent crude heads toward $110 a barrel and US Treasury yields hover near 5%. The currency is set to
Hong Kong stocks slide as oil above $100 and US inflation data rattle investors
Hong Kong stocks slipped Friday as US wholesale inflation data and oil above $100 a barrel kept investors cautious. The Hang Seng fell 0.9%,