Indices

Trading Day: Wall Street's twin peaks

ORLANDO, Florida -- TRADING DAY Making sense of the forces driving global markets I'd love to hear from you, so please reach out to me with comments at ....

Nigeria's Dangote aims to end Africa's fertiliser imports

LAGOS -Africa will be self-sufficient in fertiliser within 40 months, Nigerian billionaire Aliko Dangote said on Friday, on the basis of a planned expansion of his $2.5 billion plant on the...

S&P 500, Nasdaq touch record highs after tame inflation data

The S&P 500 and the Nasdaq opened at record highs on Friday as a benign inflation report supported hopes for a dovish policy outlook from the U.S. Federal Reserve this year. The Dow...

Global equity funds see outflows for second straight week

Global equity funds saw money outflows for a second straight week in the seven days to June 25 as investors booked profits near record market highs and turned cautious ahead of key U.S. economic...

TSX pares weekly gain as mining shares drop

Canada's main stock index pulled back on Friday from a record high, weighed by declines for mining shares, as data showed the domestic economy contracting and after U.S. President Donald Trump...

Investors eye US jobs data as stocks hit record highs

Investors who have been captivated by recent geopolitical events are poised to shift their attention in the coming week to key economic data and policy developments to see if the torrid rally in U.S....

UBS raises S&P 500 index's annual target on fading trade tensions

UBS Global Wealth Management raised its year-end target for the S&P 500 index to 6,200 from its prior forecast of 6,000, banking on softening trade tensions and expectations of resilient quarterly...

China's total gold imports via Hong Kong fall 1.5% m/m in May

China's total gold imports via Hong Kong fell 1.5% in May from April, Hong Kong Census and Statistics Department data showed on Friday. WHY IT'S IMPORTANT As the world's...

Brazil corn ethanol boom covers demand as country hikes biofuel mandate

SAO PAULO -Growth of Brazil's corn ethanol sector has become key to meeting the country's growing demand for the renewable fuel under a new government mandate to use more ethanol in gasoline, even as...

South Africa's rand gains despite coalition tension

JOHANNESBURG -The South African rand was slightly up on Friday after sharp falls a day earlier, shrugging off a dispute between President Cyril Ramaphosa and his main coalition partner. ...

Stock markets opt for optimism

A look at the day ahead in European and global markets from Rae Wee Asian shares climbed to their highest in more than three years on Friday and Europe looked set to join the rally, as ...

Bumper orders for Xiaomi's new SUV heighten threat to Tesla

SHANGHAI/BEIJING -Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that...

Trump administration has 'no imminent plans' to refill nation's emergency oil reserve

WASHINGTON -The Trump administration has no imminent plans for refilling the nation's Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday. The...

India's monsoon set to cover entire country over a week early

MUMBAI -India's annual monsoon rains are set to cover the entire country within the next three to four days, over a week ahead of their typical schedule, two senior weather officials said on...

AB Foods' bioethanol plant set to be early victim of US-UK trade deal

Associated British Foods said it would close the UK's largest bioethanol plant by September if the government does not provide support and funding, potentially the first victim of Britain's tariff...

Milan Stock Exchange Steady; Fincantieri Leads Defense Stocks, Nexi Remains Strong

Piazza Affari continues its session with a slight uptick, mirroring the trend across other European markets, as investors remain cautious amid ongoing geopolitical and international trade...

South Africa records FDI inflows, portfolio outflows in Q1

JOHANNESBURG -South Africa recorded foreign direct investment inflows of 11.7 billion rand in the first quarter of 2025, higher than inflows of 7.5 billion rand in the fourth quarter of last year,...

Milan Stock Exchange Edges Higher, Defense Sector Leads Gains, Telecom Also Strong

Piazza Affari opened the session with a slight uptick, mirroring the modest gains seen across other European markets, as investors continue to grapple with significant uncertainty on both the...

IBEX Drifts Amid Uncertainty Over Fed Direction

After several sessions of volatility driven by news about the Israel-Iran conflict, Spain's IBEX 35 opened Thursday with only minor changes, as investor nerves were tested by U.S. President Donald...