Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Gold Slips as US-Iran Tensions Fuel Rate Hike Bets, September Odds Hit 63%
Gold slipped 0.1% and is heading for a 1.4% weekly decline as traders raise bets on a September rate hike. The shift comes as US-Iran strike
GIC Names Two Deputy CIOs, Promotes Liang Jiajie to Lead Fixed Income Unit
GIC, Singapore's sovereign wealth fund, is restructuring its investment leadership with two new deputy group CIOs and a promotion for Liang
UAE's E& Group Sells Entire $5.95B Vodafone Stake; FTSE 100 Edges Higher
E& Group is exiting its entire Vodafone holding in a $5.95 billion sale. UK futures point to a slightly higher open for the FTSE 100. The bl
Hong Kong Tech Stocks Surge 8% This Week as Investors Rotate Into China Internet Names
Hong Kong's tech stocks rallied sharply this week, with the Hang Seng TECH Index up 8% and 14% above its June low. The move reflects a rotat
Copper Rises to $13,528 as Dollar Weakens and Iran Tensions Cool
Copper hit $13,528 a ton on the London Metal Exchange as the dollar weakened and fears of a US-Iran conflict eased. Aluminum also rose, head
African Markets Eye AI Rally, Oil Dip, and Key Data from Rwanda and Kenya
African markets are balancing a global AI-driven stock rally with softer oil prices and key local data. Rwanda's June inflation print and a
Yuan Breaks 6.8 as PBOC Fixing Tightens Grip on Currency Volatility
China's yuan edged past 6.8 per dollar after the PBOC set its strongest daily fixing since February. The narrower gap between the midpoint a
Japan Pushes GPIF to Invest More at Home, Yen and Bonds React
Japan's government wants the GPIF, the world's largest pension fund with 293.4 trillion yen, to shift more money into domestic assets. The y
Palm Oil Futures Slip on Friday but Still Head for Weekly Gain as Market Eyes Supply Data
Malaysian palm oil futures slipped on Friday as crude oil and other edible oils softened, but the benchmark contract remains on track for a
Rupee Steadies as Brent Crude Drops 2%, Offering Relief to India's Oil-Dependent Economy
India's rupee looked set to open slightly stronger after Brent crude fell about 2%, providing a breather for the oil-importing economy. The
Japan Urges Giant Pension Fund to Buy Local Assets, Yen Rises
Japan is leaning on its massive Government Pension Investment Fund to invest more at home, aiming to support the weak yen. The currency rose
Japan's Nikkei Surges as AI Chip Stocks Rally and Yen Strengthens on Pension Fund Shift
Japan's Nikkei climbed on a chip-led rally, with Micron's $250 billion US investment plan sparking gains. Comments about steering pension fu