Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
EasyJet Backs £6.90 Castlelake Proposal as FTSE 100 Dips on Oil and BoE Bond Debate
EasyJet has backed a £6.90-per-share proposal from Castlelake, while the FTSE 100 fell as markets weighed lower oil prices and a debate over
China, Hong Kong Stocks Rise as AI Rally Broadens; Regulator Eases Refinancing Rules
China and Hong Kong stocks rose Monday as AI gains broadened into other sectors. The China Securities Regulatory Commission proposed easier
Aluminum Prices Rise as LME Stockpiles Drop Below 300,000 Tons for First Time Since 2022
Aluminum prices edged up as LME stockpiles slipped below 300,000 metric tons for the first time since 2022, signaling tighter supply. Three-
African Markets Face Mixed Signals: Oil Dips, Tanzania Hikes Rates, Unitel Plans IPO
Oil slipped after OPEC+ agreed to boost August output, while Tanzania raised its key rate to 6.25% to combat inflation. Angola's telecom Uni
India's Car Sales Surge 28.6% as CNG and Hybrids Hit Record 40.4% Share
India's passenger-car retail sales rose 28.6% year-on-year in June, driven by a record 40.4% share for alternative-fuel vehicles. Higher fue
Kiwi Dollar Dips Ahead of RBNZ Rate Decision as Markets Bet on Hike
The New Zealand dollar slipped 0.4% to $0.5687 on Monday as markets anticipate the Reserve Bank of New Zealand's rate decision on Wednesday.
Korea's KOSPI Drops 3% as Chip Stocks Face Valuation Doubts Despite SK Hynix's $29B Nasdaq Plan
South Korea's benchmark KOSPI index slid nearly 3% as chip heavyweight SK Hynix fell 5%, despite reports it plans a $29 billion Nasdaq ADR l
Palm Oil Bounces Back as Rival Edible Oils Firm, Ringgit Weakens
Malaysian palm oil futures bounced back over 1% on Monday, helped by a weaker ringgit and rising rival edible oil prices. Traders are watchi
Topix Extends Winning Streak as Oil Drop Lifts Japan's Industrials
Japan's Topix index rose for a sixth straight day as cooling oil prices supported industrials and transportation stocks. The tech-heavy Nikk
India's Rupee and Bonds Await Foreign Inflows and Bloomberg Index Decision
India's rupee and government bonds are focused on foreign flows this week, with the rupee expected to trade in a 94.80-95.80 range. Bond yie
Gold Holds Near Two-Week High as Softer US Jobs Data Cools Rate Hike Bets
Gold is holding near a two-week high after a softer US jobs report lowered the chances of a September rate hike to about 55%. The metal snap
China State Ore Buyer Tightens Grip on Fortescue as Price Talks Stall
China's state-backed iron ore buyer is tightening pressure on Fortescue by discouraging fresh US dollar purchases of its Super Special Fines