FTSE 100 holds modest gains with oil stocks up amid rising prices The FTSE 100 index closed up 7.74 points, or 0.1%, at 10,728.04. Evening Standard · Aug 18
Bond markets from US to Japan whacked as inflation and fiscal worries take hold Global borrowing costs are hitting multi-decade highs again as inflation fears rise. The United States has seen its 30-year Treasury yields surpassing five percent, while Japan's 10-year borrowing costs approach a peak not seen in nearly 30 years. Additionally, long-term yields in Europe have reached some of their highest levels… The Economic Times · Aug 18
Rupee ends marginally lower as central bank shields from oil, yield strain The Indian rupee experienced a minor decline on Tuesday, with speculation that the Reserve Bank of India intervened to bolster its position. Contributing factors included high oil prices and climbing global bond yields, which put additional stress on the currency. Concurrently, yields on Indian government bonds rose, and there was… The Economic Times · Aug 18
Stocks Set to Open Higher on Tech Boost, Fed Minutes and Retail Earnings Awaited September S&P 500 E-Mini futures (ESU26) are up +0.14%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.46% this morning as investors kicked off the new week by piling into tech stocks amid fresh evidence of surging AI demand. Barchart · Aug 17
Rupee slips, muted price action sinks volatility expectations to five-month low The Indian rupee weakened a bit on Thursday, primarily influenced by dollar outflows, with derivative maturities and overseas debt repayments adding to its descent. The central bank's active interventions kept volatility in check this week. Meanwhile, Brent crude oil prices dropped amid diminished global demand, and India's trade deficit climbed… The Economic Times · Aug 13
Nasdaq Futures Climb as CoreWeave and Super Micro Provide a Boost, U.S. Inflation Data in Focus September Nasdaq 100 E-Mini futures (NQU26) are up +0.71% this morning as stellar earnings from CoreWeave and Super Micro Computer boosted sentiment. Barchart · Aug 12
Dollar subdued as markets await US inflation data for Fed clues As Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from the United States to gauge interest rate shifts. In response to assaults on shipping routes, oil prices experienced a modest rise. Meanwhile, the yen lingered near its monthly lows despite collaborative intervention.… The Economic Times · Aug 12
Rupee weakness cushioned by central bank intervention, shorts grow wary The Indian rupee ended the day with minimal fluctuations, influenced primarily by oil market dynamics and moves from the central bank. State-owned banks reportedly intervened by supplying dollars on behalf of the Reserve Bank of India, helping to buffer the currency against rising oil costs and global tensions. Traders are… The Economic Times · Aug 10
Europe’s economy faces the hard reality of climate change this summer The intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hampering agriculture and power generation, key waterways are also facing transportation restrictions. Southern European regions are bracing for lower tourist influx and skyrocketing food costs as authorities grapple with increased financial… The Economic Times · Aug 10
Stock Index Futures Gain With All Eyes on Key U.S. Jobs Report September S&P 500 E-Mini futures (ESU26) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.55% this morning, rebounding from yesterday’s losses, while investors await the key U.S. jobs report for fresh clues on the Federal Reserve’s policy path. Barchart · Aug 7
Rupee nudges up on-week; traders stay cautious as oil firms, US payrolls loom The Indian rupee maintained stability on Friday, showing a small improvement over the week. The central bank's intervention helped alleviate the impact of higher oil prices and market hesitance. Significant inflows from balance of payments strategies fortified the Reserve Bank of India’s defenses. Investors are now keenly awaiting essential U.S.… The Economic Times · Aug 7
America's 'weird' and 'unwise' intervention in the Japanese yen: 'The last thing you want is to give markets any kind of reason to ask questions' Why did the Treasury sell euros to buy yen and come to the rescue of the flailing Japanese currency? Fortune · Aug 3
Global Market: Euro zone bond yields decline as falling oil prices boost market sentiment Euro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns and prompting markets to pare expectations for further ECB rate hikes. Investors also tracked diplomatic developments involving the U.S., Iran and the Strait of Hormuz. The Economic Times · Aug 3
South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks South Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebound after recent declines earlier in the week. Japanese markets also climbed, with technology and investment firms showing gains. Oil prices increased due to ongoing tensions and a closed key shipping route.… The Economic Times · Jul 31
Euronews · Jul 29 Despite high inflation, Fed expected to hold rates steady for now The US Federal Reserve is expected to hold rates on Wednesday, although investors were pricing in a 32% chance of an increase on Tuesday night, with analysts describing the decision as the most uncertain in years.
The Guardian - UK · Jul 29 Oil jumps after Iran attempts ‘surprise attack’; chip stocks slump further as AI sell-off continues – as it happened Rolling coverage of the latest economic and financial news
Euronews · Jul 28 French wildfires threaten defence sites and hit regional economy The fires have forced evacuations and protective measures at strategically important aerospace and defence sites, while preventing thousands of businesses from operating normally.
Barchart · Jul 27 Stocks Set to Open Sharply Higher as Oil Prices Sink, Big Tech Earnings and Fed Meeting in Focus September S&P 500 E-Mini futures (ESU26) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.59% this morning, pointing to a sharply higher open on Wall Street as a slump in oil prices boosted investor sentiment at the start of a busy week.
The Economic Times · Jul 25 Gold edges up as Brent eases, Mideast developments in focus ahead of Fed meet Gold prices saw a slight increase on Friday as Brent crude oil retreated from highs. Investors are assessing Middle East conflict developments and their inflation implications. They also await the US Federal Reserve's interest rate decision next week. Bullion has seen a correction from record highs earlier this year. Elevated…
The Economic Times · Jul 24 Yen heads for biggest weekly drop since May despite Tokyo's support pledges The Japanese yen is experiencing a dramatic drop, marking its most significant weekly decline since May. The currency has hit 40-year lows against the US dollar, compounded by Japan's ineffective measures to bolster its value. Additionally, surging oil prices have reignited inflation worries, further enhancing the dollar's strength, while the…
Euronews · Jul 23 ECB holds rates at 2.25% as the reignited Iran war keeps a second hike in play The European Central Bank left interest rates unchanged on Thursday, pausing after June's first hike in three years as easing inflation bought policymakers time, while renewed fighting in the Middle East caused a new rise in energy prices, keeping another hike firmly on the table for autumn.
The Times of India · Jul 23 Philippines is building 422 MW of solar farms above fish ponds, and the idea could change renewable energy forever Vietnam's VinEnergo and Philippine developer SunAsia Energy have agreed to build 422 megawatts peak of solar power spread across three sites in the Philippines, using a design that lifts the panels on steel piles above active fish ponds rather than floating them directly on the water. The approach is intended…
Evening Standard · Jul 22 Why has inflation gone down and where will it go from here? Experts have warned that June could mark a low point before price rises start to speed up again.
Benzinga · Jul 22 Jim Cramer Warns Oil’s ‘Endless Climb’ Can’t Be Ignored As Brent Hits $95 Amid Stalled Iran Talks Global crude prices surged over 4% on Wednesday, with Brent topping $95 per barrel following an 11th consecutive night of U.S. strikes against Iran.
The Economic Times · Jul 22 Rupee languishes at two-month lows as supply worries raise oil prices The Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an effort to contain the rupee's decline, state-run banks stepped in to sell off dollars. Increased energy prices are forecasted to exacerbate inflationary pressures and expand India's deficit.…