Analysis: Indices

Cable news channel Newsmax confidentially files for US IPO

Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in the United States. The U.S. IPO market is on a rebound with...

TSX futures rise on commodity boost; US data on tap

Futures tied to Canada's main stock index rose on Thursday as crude and metal prices gained, while investors remained on the edge ahead of the U.S. economic data sets. September futures...

Foxconn says August revenue +32.81% y/y, performance to further improve in Q3

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Thursday reported revenue for August rose 32.8% year-on-year. Performance in the...

S&P 500 could see 5% earnings hit from Harris' proposed tax reforms, says Goldman Sachs

U.S. Vice President and Democratic presidential candidate Kamala Harris' proposed corporate tax hike ahead of the November Presidential elections could lower earnings for companies on the benchmark...

Jittery markets now 50-50 on 50 bps cut from Fed

A look at the day ahead in Asian markets. Investors in Asia are bracing for a wave of top-tier economic data releases on Thursday, as they continue to process this week's market...

Foreigners retreat from Asian equities on doubt over tech valuations

Overseas investors aggressively withdrew from Asian tech stocks in August, as they turned pricey after their recent rally and doubts emerged about the profitability of AI investments. ...

US gasoline slumps to near 3-year low on end of driving season, oil slump

U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December 2021, as the end of the driving season weighed on demand for the motor fuel amid a sell-off in the broader oil market. ...

China says it will start anti-dumping probe into canola imports from Canada

China plans to start an anti-dumping investigation into canola imports from Canada, the commerce ministry said on Tuesday, a retaliatory move after Ottawa moved to impose a 100% tariff on imports of...

China to pitch green tech exports to African leaders as Western curbs loom

China will urge a summit of 50 African nations in Beijing this week to take more of its goods, before Western curbs kick in on its exports such as electric vehicles and solar panels, in exchange for...

Record highs abound, except in usual place

A look at the day ahead in U.S. and global markets from Mike Dolan Record stock market highs have lit up across the world once again - though not yet for the usual suspects in the S&P500...

Asia shares set for solid monthly gain, dollar slumps on growing US rate cut bets

Asian stocks rose on Friday and were poised for a solid end to August while the dollar was staring at its worst monthly performance in nine months, on the view that the Federal Reserve is all but...

Data deluge closes out rollercoaster month

A look at the day ahead in Asian markets. Financial market trading in many Asian countries could be choppy on Friday, with investors hoping to close out a remarkable month on a high but...

TSX futures lifted by gains in metal prices; US data in focus

Futures linked to Canada's main stock index rose on Thursday due to gains in metal prices, with investors assessing quarterly results from Nvidia ahead of upcoming U.S. economic data points. ...

Oil rebounds as geopolitics, demand concerns whipsaw investors

Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the...

Nasdaq seeks SEC approval for bitcoin index options

Nasdaq is seeking the green light from regulators to launch and trade options on a bitcoin index, the exchange operator said on Tuesday. The U.S. Securities and Exchange commission has...

Oil prices pause after surging on Libyan outages, Middle East tensions

Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a wider Middle East...

Tiptoeing nervously along US rate path

A look at the day ahead in Asian markets. World markets are entering a period of nervous uncertainty as investors try to determine whether upcoming U.S. interest rate cuts will be benign...

Trudeau says Canada to impose 100% tariff on Chinese EVs

Prime Miniiter Justin Trudeau said on Monday that Canada will impose a 100% tariff on the import of Chinese electric vehicles. Ottawa will also impose a 25% tariff on imported steel and...

Canada rail shutdown may still delay western grain exports

Canada's rail shutdown may still delay loading of some bulk grain ships at the country's west-coast ports despite the government's move to end a stoppage at the nation's two largest railroads, traders...