Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Rupee Slips to One-Month Low as Oil Surge and RBI Intervention Clash
India's rupee slid to a one-month low as oil prices surged on concerns over the Strait of Hormuz. The Reserve Bank of India likely stepped i
South Africa Faces Oil Shock and Rand Pressure as Iran Claims Strait of Hormuz Closure
Iran's claim to have closed the Strait of Hormuz pushed oil prices higher, rattling global markets. For South Africa, a net oil importer, th
NZX 50 Dips 0.45% as Hormuz Tensions, Fonterra Forecast, and Rate Hike Weigh
The S&P/NZX 50 dropped 0.45% as investors digested conflicting reports on Strait of Hormuz shipping, a softer dairy outlook from Fonterra, a
Copper Dips Below $13,400 as US-Iran Tensions and Strong Dollar Weigh on Metals
Copper slipped to $13,387 a ton on the London Metal Exchange as renewed US-Iran conflict and Strait of Hormuz closure fears rattled markets.
Gold Slips 1.5% as Oil Surge and Rate Hike Bets Reshape Market Dynamics
Gold dropped 1.5% to $4,059.11 as oil surged over 4% on Strait of Hormuz closure fears. Traders now see a 72% chance of a Fed rate hike in S
Yuan Slips as Gulf Tensions Boost Dollar, PBOC Sets Strongest Fix Since Feb 2023
The yuan edged lower as Gulf tensions pushed oil prices higher and strengthened the US dollar. China's central bank responded by setting its
Palm Oil Futures Jump to 4,541 Ringgit as Crude Surges on Gulf Tensions
Malaysian palm oil futures climbed to 4,541 ringgit a ton in early Monday trade. The rally was fueled by a jump in crude oil prices due to e
South Korean Stocks Tumble Over 5% as Chip Giants SK Hynix and Samsung Slide
South Korean stocks plunged more than 5% on Monday, led by heavy losses in chipmakers SK Hynix and Samsung Electronics. The selloff triggere
Nikkei Falls as Oil Surge and Chip Weakness Hit Japan's Market
Japan's Nikkei 225 fell Monday as oil prices jumped and memory-chip stocks slid, with the sell-off concentrated in tech names. The broader T
Oil Surge Sends Aussie and Kiwi Lower as Dollar Gains on Inflation Fears
Brent crude rose 4.3% to $79.23 a barrel on Monday, reigniting inflation fears and driving investors toward the US dollar. The move weighed
Chinese Stocks Dip as Analysts See Correction Nearing End on Liquidity and Deflator Hopes
Chinese stocks opened the week lower, with the Shanghai Composite down 0.8% and the Shenzhen Component off 0.9%. Yet some analysts argue the
Oil Surge Lifts Energy Stocks but Tech Slide Drags ASX 200 Lower
The S&P/ASX 200 slipped 0.1% as a 3% oil jump lifted Woodside and Santos, but tech stocks like Xero and WiseTech slid on rate concerns. The