Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Chip Stocks Slide as AI Spending Doubts Hit Nasdaq Futures
Nasdaq-100 futures slipped Tuesday after memory-chip stocks like Micron and Western Digital fell sharply in premarket trading, testing inves
Czech Crown, Hungarian Forint Dip as Cooling Inflation Paves Way for Rate Cuts
The Czech crown and Hungarian forint fell after June inflation came in below expectations, raising the odds of interest rate cuts. Geopoliti
Hong Kong Stocks Dip as AI Valuation Fears Resurface Ahead of Fed Minutes
Hong Kong stocks slipped Tuesday as the Hang Seng dropped 0.5%, driven by renewed concerns that AI-related shares may be overvalued. Investo
Yen Holds Near 40-Year Low as Traders Await Fed Minutes for Rate Clues
The yen is hovering near a 40-year low around 162 per US dollar, keeping markets on alert for possible intervention from Tokyo. Traders are
Pound Hits Three-Week High as Weak US Jobs Data and Falling Oil Weigh on Dollar
The pound hit a three-week high near $1.34 and a one-year high against the euro as softer US jobs data and falling oil prices reduced expect
Sumitomo Mitsui Trust Invests $500M in Morrison for Global Infrastructure Push
Sumitomo Mitsui Trust Bank is acquiring a 15% stake in infrastructure investor Morrison, committing $500 million. The deal aims to boost Jap
European AI Chip Stocks Slip as Defense Names Gain on NATO Summit Focus
The STOXX Europe 600 held steady as investors sold AI-linked chip stocks and watched a NATO summit in Turkey for defense deals. ASML and Inf
South Korea's KOSPI Triggers Circuit Breakers as AI Chip Optimism Falters
South Korea's KOSPI index fell 4.9% on Tuesday, triggering circuit breakers after chip giants Samsung and SK Hynix plunged. The sell-off ref
Rubber Futures Edge Up on Weak Yen and Higher Oil, Not Tire Demand
Rubber futures in Japan and China inched up, but the gains were powered by a weak yen and higher oil prices, not a recovery in tire demand.
ASX 200 Dips as Strait of Hormuz Tensions Push Oil Near $72
The ASX 200 closed down 0.31% as oil prices rose on reports of shipping attacks in the Strait of Hormuz. Meanwhile, RBA payments data showed
Rupee Edges Up to 95.28 as NDF Contracts Mature, But Corporate Dollar Demand Caps Gains
India's rupee edged up to about 95.28 per US dollar on Tuesday, supported by maturing offshore forward contracts and a firmer daily fix from
Samsung's AI Trade Reality Check Sends Asian Stocks Tumbling
South Korea's market triggered circuit breakers after Samsung slid 9.8%, as its record profit failed to satisfy the high expectations of the