Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
ASX 200 Drops 1% as Iron Ore Weakness Overpowers Oil-Led Energy Rally
The ASX 200 slid 1% to 8,720.50 as iron ore weakness dragged miners to a three-month low, while energy stocks surged on higher oil prices af
Indonesia's Stock Market Faces Downgrade Threat Over Transparency Issues
Indonesia's stock market risks losing its emerging-market status after S&P Dow Jones flagged transparency concerns. The move echoes MSCI's o
Australian Stocks Set to Slip as Oil Surge on Strait of Hormuz Attacks Stirs Inflation Fears
Australian stocks are expected to fall after oil prices surged on Iranian attacks on vessels in the Strait of Hormuz. The move stokes inflat
Oil Jumps, Dollar Holds Firm as US Strikes on Iran Push Markets to Safe Havens
Oil climbed 2.6% to $76.12 a barrel and the dollar held near its strongest level since July 2 after the US launched strikes on Iran and revo
BlackRock and Stonepeak Compete for $5 Billion Brazilian Iron Ore Port
BlackRock's infrastructure unit and Stonepeak are preparing bids for Porto Sudeste, a Brazilian iron ore port worth about $5 billion. The po
Japan's Asset Managers Launch Yen Bond Funds as BOJ Rate Hikes Attract Global Investors
Japan's asset managers are racing to launch yen corporate bond funds for overseas investors as the Bank of Japan's rate hikes make local bon
Oil Rally Lifts TSX 0.2% as Energy Surge Offsets Global Chip Selloff
Canada's TSX Composite edged up 0.2% as a 3% surge in energy stocks, fueled by crude oil settling at $70.44, offset weakness from a global s
Treasury Yields Hit Four-Week Highs as Oil Surge and Heavy Auction Week Rattle Bond Markets
US Treasury yields rose to four-week highs Tuesday, driven by a 3.9% oil price surge on Strait of Hormuz tensions and a busy week of governm
Redbook Sales Jump 11.5% as Summer Heat and Holiday Deals Drive Shoppers Indoors
US same-store sales jumped 11.5% year-on-year in the week ended July 4th, driven by Independence Day deals and a heat wave that kept shopper
Chip Stocks Slide as Oil Surge on Tanker Strike Fuels Rate Worry
A missile strike on a Qatari tanker sent crude oil up 2.7%, flipping market sentiment. Energy ETFs rose about 1.1%, while chip stocks tumble
TSX Dips as Materials Stocks Slide Despite Record Canadian Exports in May
Canada's main stock index slipped midday as materials stocks led declines, even as new data showed the country's trade surplus widened to C$
North American Auto Demand Defies Fuel Cost Squeeze, BMO Reports
June auto sales in Canada and the US beat forecasts, with BMO reporting 182,000 vehicles sold in Canada and a 16.7 million annual pace in th