Global Markets Digest: Yuan Hits 3-Year High as Japan Defends Fiscal Policy Amid Yield Surge
Key Takeaways China’s PBOC set the yuan midpoint at 6.8047, the strongest level since February 2023, signaling a firm stance […]
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Global Markets React to Tech Selloff as Canada and Alberta Greenlight Major West Coast Pipeline
Key Takeaways South Korea's KOSDAQ plunged 3.6% in early trade on July 3, following a massive 8% slump in the
Asian Markets Mixed as Tech Sell-Off Offsets Positive Economic Data; JGB Yields Rise
Key Takeaways Asian markets traded mixed on Friday as a significant sell-off in semiconductor and technology stocks countered positive services
Japan Markets Slump as Weak Bond Auction and Tech Sell-Off Weigh on Sentiment
Key Takeaways Benchmark 10-year JGB futures fell 0.24 point in initial trading following a weak government bond auction that saw
Global Markets Update: Oil Stabilizes Amid Middle East Diplomacy; Japan Sees Record Convertible Bond Issuance
Key Takeaways Crude oil prices stabilized near $68 per barrel as shipping traffic through the Strait of Hormuz normalized to
Suncorp Forecasts Higher FY27 Reinsurance Costs; CEO Steve Johnston to Return
Key Takeaways Suncorp Group (SUN) expects FY27 reinsurance costs to exceed those of FY26, despite securing a new five-year aggregate
PJM Declares Grid Emergency Amid Record Heat; China-UK Trade Talks Focus on Services
Key Takeaways PJM Interconnection declares a "Maximum Generation Emergency" as electricity demand is forecasted to hit 166,304 MW, potentially shattering
Trump Touts Tech Donations as Soft Jobs Data Fuels Gold Surge
Key Takeaways U.S. Nonfarm Payrolls rose by just 57,000 in June, missing the 114,000 estimate and cooling expectations for a
Dow Hits Record High as Soft Jobs Data Eases Rate Hike Fears; Zuckerberg Flags AI Slowdown
Key Takeaways U.S. Nonfarm payrolls rose by only 57,000 in June, missing economist estimates of 110,000 and triggering a surge
Dow Hits Record as Tech Sell-Off Drags Nasdaq Lower; Lockheed Eyes $3.5B Maritime Deal
Key Takeaways The Dow Jones Industrial Average (DIA) climbed 1.1% to a new record high of 52,900.07, while the Nasdaq