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Copper Tracks Dollar Swings as Traders Weigh US Rate Outlook
Copper rose on Friday, tracking small swings in the US dollar as investors continue to assess the outlook for US monetary policy.
Vietnam Growth Tops Estimates Despite Trade Risks, Oil Shock
Vietnam’s economic growth beat estimates in the second quarter, while trade grew faster than expected in June and inflation slowed, as one of Asia’s fastest-growing …
Gold Heads for First Weekly Gain Since May on Easing Fed Outlook
Gold headed for its first weekly gain since May as traders dialed down their expectations of Federal Reserve rate hikes.
European Stocks Rally to Cap Best Week Since May: Markets Wrap
Stocks rose as the latest round of jitters about the artificial-intelligence trade subsided, with Europe’s benchmark rising to an all-time high. The dollar touched a …
Oil Is Little Changed as Persian Gulf Flows Near Pre-War Levels
Oil prices were little changed in thin trading as the recovery of Persian Gulf flows fomented a new surplus in key parts of the global …
Consumers Going to Feel 'Less Flush with Cash': Cisar
Winnie Cisar, global head of credit strategy at CreditSights, and Matt Brill, head of North American investment grade credit at Invesco, join Scarlet Fu on …
Fourth of July Cookout Costs Rise 4% Says Stew Leonard's CEO
Stew Leonard Jr., President and CEO of Stew Leonard's grocery stores, discussed the recent 4% increase in the average cost of an Independence Day meal …
Warsh Using Strategic Ambiguity: Diczok
Matthew Diczok, head of cross-asset market strategy for the Chief Investment Office within Bank of America, Kelsey Berro, fixed income portfolio manager at JPMorgan Asset …
Canada, Philippines Agree to Sign Trade Deal This Year, Grow Defense Ties
Canada and the Philippines plan to finalize a free trade agreement this year, and signed agreements to deepen cooperation on energy, defense, labor and migration, …
World Cup Muni Spending An Accelerator: Kleinman
Margot Kleinman, head of municipal research & portfolio manager at Nuveen, joins Scarlet Fu on "Bloomberg Real Yield." Municipal bonds helped 11 US World Cup …
Genuine Parts Said to Receive O’Reilly Interest in Auto Unit
Genuine Parts Co. has attracted a cash bid for its auto-parts arm from O’Reilly Automotive Inc. as it seeks to refocus on its industrials business, …
DOJ Probes Alleged Insider Trading Scheme That Stung Susquehanna
The Justice Department is looking into Susquehanna International Group’s allegations that unknown insider traders made $100 million on options bets placed ahead of a recent …
EG Group’s Gas-Station Firm Cumberland Farms Files for US IPO
Cumberland Farms Ltd, the gas station and convenience store operator, filed for a US initial public offering, joining a rush of debuts that’s powered a …
Florida’s Brightline Taps Reserves to Make Key Bond Payments
Brightline, the debt-laden Florida private railroad, tapped reserves to made a July 1 interest payment due to holders of its senior municipal bonds and corporate …
US Stocks Give Up Jobs Report-Related Gains as Semis Pull Back
US equities lost earlier gains as technology stocks trailed the S&P 500 Index for a second straight day, continuing the downturn after the rally seen …
Genneia Files for First Argentine IPO in the US Since 2019
Power producer Genneia SA filed for an initial public offering in New York, trying to become the first Argentine company to launch in the US …
Brazil Rail Operator Opens New Route to Boost Soymeal Exports
Brazilian railway operator VLI SA is starting a new export route for soybean meal, addressing key bottlenecks as the country attempts to boost shipments of …
Morgan Stanley Among Banks Challenging Growing Dollar Optimism
Currency strategists at Credit Agricole, Morgan Stanley and TD Securities are among those bucking the consensus call for a stronger dollar.
Prasad: Oil Flow is Up But Market Uncertainty Remains
Oil extended its drop for a third day, as flows through the Strait of Hormuz climbed. Aathira Prasad, Director of Macroeconomics at Nasser Saidi & …
Citi's Luet: China's Franchise Has Grown Very Strongly
Marc Luet, Head of Japan, Asia North & Australia and Banking at Citi, says the bank has seen the role of the yuan grow and …
Japan 10-Year Bond Sale Sees Weaker Demand Than 12-Month Average
Japan’s 10-year government bond auction drew weaker demand than the average for the past year on concerns the Bank of Japan isn’t raising rates quickly …
Iran’s Floating Oil Stockpile Swells as Major Buyers Stay Away
A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window …
Korean Stocks Fall as Jitters Over Meta and Apple Hit Chipmakers
South Korean stocks slumped as Meta Platforms Inc.’s plan to sell computing power raised questions over excess in AI capacity, driving a selloff in chipmakers.
Dow Average Hits Peak as Jobs Ease Fed-Hike Worry: Markets Wrap
A sharp slowdown in the US jobs market spurred gains in most stocks on Wall Street amid speculation the Federal Reserve won’t be forced to …
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