Analysis: Indices

EU to accept Trump's universal tariff but seeks key exemptions, Bloomberg News reports

The European Union is open to a trade agreement with the United States that would apply a universal 10% tariff on many of its exports, but the EU is seeking U.S. commitments to reduce tariffs in key...

Citi expects gold price to consolidate around $3,100-$3,500 in third quarter

Citi expects the price of gold to consolidate around $3,100 to $3,500 per ounce in the third quarter, as prices moderate due to geopolitical de-escalation in the Middle East and an improved global...

Geopolitical tensions nudge oil outlook higher, but demand concerns persist

Analysts have marginally lifted their oil price forecasts after the flare-up of tensions in the Middle East, but rising OPEC+ supply and a tempered demand outlook continue to weigh on crude, a...

Saudi wealth fund annual profit tumbles 60% as high rates, inflation bite

DUBAI -Saudi Arabia's sovereign wealth fund's assets exceeded $1 trillion in 2024, but its net profit slumped 60% from a year earlier, it reported on Monday, hurt by high interest rates and inflation...

Risk flows as trade talks unclog

A look at the day ahead in European and global markets from Wayne Cole. It was already a risk-on start to the week in Asia when news broke trade talks between the United States and...

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 ....

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...

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...

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...

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...

Jefferson Capital, existing shareholders raise $150 million in US IPO

Private equity-backed Jefferson Capital and its existing investors raised $150 million in a Nasdaq initial public offering after pricing its shares at the lower end of the projected range, the firm...

Boeing hires former Northrop executive to lead Air Force One program, sources say

Boeing has hired a former Northrop Grumman executive, Steve Sullivan, to lead its Air Force One program, according to two people briefed on the matter. Sullivan, who previously worked...

Shell says 'no talks are taking place' after WSJ reports BP takeover discussions

LONDON -Shell said on Wednesday that no talks are taking place after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP. ...

Exclusive-US exchanges, SEC in talks to ease public company regulations

NEW YORK -U.S. exchange operators are in talks with the Securities and Exchanges Commission on easing regulatory burdens for public companies, as they seek to encourage more richly valued startups to...