Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Singapore stocks dip 0.2% as steady local data offsets strong US jobs
Singapore stocks slipped 0.2% even after strong US jobs data cooled rate-hike bets. Local retail sales rose 1.5% year-on-year in July, and f
China's central bank extends gold buying streak to 22 months
China's central bank added 650,000 ounces of gold in August, extending its buying streak to 22 months. The purchase came even as gold prices
AI chip rally lifts South Korea and Taiwan stocks to multi-month high
AI excitement lifted South Korea and Taiwan stocks to a multi-month high, led by chip giants SK Hynix and TSMC. Meanwhile, the Philippine pe
AI chip rally lifts Asian stocks, but peso hits record low
AI excitement lifted South Korean and Taiwanese chip stocks, driving MSCI EM Asia to a multi-month high. But the Philippine peso slipped to
New Zealand shares slip as oil near $96 and US rate fears return
New Zealand's benchmark index slipped 0.22% as oil prices stayed near $96 a barrel and strong US jobs data raised the odds of another Federa
South Africa's markets open week with reserves, foreign flows, T-bill auction in focus
South African markets kick off the week with three key local signals: August foreign-exchange reserves, foreign trading data, and a Treasury
AI chip rally lifts Asian stocks as oil stays near $97
Asian stocks climbed as AI chip demand boosted tech shares, with Japan's Nikkei up 2% and South Korea's Kospi up 3%. Brent crude held near $
India's IT stocks lead slide as rate-hike fears and Gulf tensions weigh
India's Nifty and Sensex slipped as traders turned cautious on Middle East tensions and firmer odds of a September US rate hike. IT shares f
Copper slips as strong US jobs data revive Fed rate hike bets
Copper prices slipped as strong US jobs data boosted expectations for a September Fed rate hike, even as physical supply tightens outside th
South Korea's NPS pauses FX hedging as won hits 2024 high
The world's third-largest public pension fund has paused its foreign-exchange hedging, just as the won reached its strongest level since Oct
Yuan hits fresh high but PBOC's soft fixing signals a ceiling
The yuan touched its strongest level since February 2023, but the PBOC set a daily fixing far weaker than markets expected. That signals Bei
Bathla Group secures two-week lifeline as administrators cut staff
Administrators at Australian home builder Bathla Group have secured only two weeks of funding and stood down 213 staff as they try to avoid