Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
South African Rand Hits One-Week Low as Oil Surges on Iran Deal Collapse
South Africa's rand weakened to a one-week low after Donald Trump said the interim Iran peace deal was over, pushing oil prices up. The JSE
Oil Surge and Weaker Rand Set the Tone for African Markets
Oil prices are climbing after fresh US strikes against Iran, pushing South Africa's rand to a one-week low. Investors are watching the rippl
China Chip Stocks Surge on CXMT IPO News, But Mixed Inflation Data Caps Market Gains
Mainland Chinese chip and AI stocks rallied after CXMT set a July 15 IPO book-build, but mixed June inflation data dragged down consumer and
South Korea's Kospi Enters Bear Market as Oil Surges on Iran Ceasefire Collapse
South Korea's Kospi index entered bear territory, dropping 20.5% from its June high, driven by a selloff in AI chip giants Samsung and SK Hy
Rupee Hits One-Month Low as Oil Surge and Fed Rate Worries Converge
The rupee slid 0.6% to a one-month low as rising oil prices from US-Iran strikes and higher US rate expectations squeezed India's currency.
Palm Oil Steadies as Crude Rally Offsets Weaker Chicago Soyoil
Malaysian palm oil futures edged up to 4,615 ringgit per ton as a rise in crude oil and stronger Chinese Dalian edible oils offset a decline
Iron Ore Prices Stay Flat as BHP Strike Threat at Port Hedland Offsets Weak China Demand
Iron ore prices barely moved as traders balanced the risk of a BHP strike at Port Hedland against signs of weaker steel demand in China. Fut
India's Nifty 50 Set to Rebound After 2% Drop as Oil Holds Near $79
Indian stock benchmarks are set to rebound after a more-than-2% drop, with GIFT Nifty futures pointing to a higher open. Oil remains near $7
KOSPI Jumps 2.5% as Samsung and SK Hynix Lead Tech Rally, Won Weakens
South Korea's KOSPI rebounded more than 2.5% on Thursday, led by Samsung Electronics and SK Hynix after US chip stocks rallied overnight. Th
Kiwi Rises as Oil Rally and Rate Hike Bets Boost New Zealand Dollar
The New Zealand dollar strengthened on higher oil prices and growing expectations for another interest rate hike from the Reserve Bank of Ne
Oil Surge on Iran Deal Collapse Rattles Bonds, Chip Stocks Rebound on China H200 Hopes
Brent crude rose to $78.65 after President Trump said the Iran interim deal is 'over,' lifting bond yields and inflation fears. Meanwhile, c
Oil Surge to $79 Lifts Yields, Keeps Yen Under Pressure Near 162
Escalating Middle East tensions drove Brent crude toward $79 a barrel, pushing US Treasury yields to seven-week highs. The dollar stayed fir