July 30, 2025 3:54 PM

Global stocks mixed as investors brace for Fed meeting, tariff deadline

Global stocks struggled for clear direction on Wednesday ahead of the Federal Reserve's policy announcement later in the day, with investors cautious after two days of trade talks between the U.S. and China concluded without any major breakthroughs. Treasury yields and the dollar were also little changed as the market anticipated the Fed will keep rates on hold despite pressure from the White House to lower borrowing costs. Europe's STOXX 600 was flat, with blue-chip indexes in Frankfurt, Pari...

July 10, 2025 2:12 PM

Global stocks climb on AI and rate cut optimism, unfazed by Trump’s tariff moves

Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's ongoing assault on international trade. U.S. copper futures widened their premium to the London benchmark overnight after Trump announced plans to impose a 50% tariff on copper imports. He said the levies would come into effect on August 1. Trump also threatened a punitive 50% tariff on B...

June 10, 2025 8:46 AM

Global stocks rise, dollar tentative ahead of US-China talks outcome

Stocks were buoyant and the dollar remained on guard on Tuesday as trade talks between the United States and China were set to extend to a second day, with tentative signs tensions between the world's two largest economies could be easing.   U.S. President Donald Trump put a positive spin on the talks at Lancaster House in London, which wrapped up for the night on Monday and were set to resume at 0900 GMT on Tuesday.   "The fact that we're still up here near record highs, does suggest that...

December 23, 2024 3:26 PM

Global stocks rally as investors cheer US inflation relief

Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. After a recent central bank decisions bonanza, this week only has the minutes of a few of those meetings, while there are no Federal Reserve speeches and U.S. data is secondary. The main market themes remain largely the same, with the dollar underpinned by a relatively strong economy and higher bond yields,...

December 19, 2024 3:25 PM

Global stocks, bond prices fall after Fed sounds cautious, BOJ hold weakens yen

Global stocks around the world tumbled on Thursday, with the 10-year U.S Treasury yield at its highest since May, a day after the Federal Reserve said it would temper the pace of rate cuts, kicking off a busy 24 hours for other central banks.   The Bank of Japan took up the market-moving baton on Thursday, keeping rates steady as expected, but the yen weakened as markets took the message from Governor Kazuo Ueda's press conference that a January rate hike was not the done deal they had previo...

August 7, 2024 2:48 PM

Global stocks rebound continues, yen slumps after BOJ talks down rate hikes

European and Asian share markets rose on Wednesday, led by another bounce in the Nikkei, as the Bank of Japan unexpectedly turned cautious on rate hikes amidst market volatility, inducing a sharp fall in the yen. Europe's broad Stoxx 600 index rose 0.8% in early trading, and Nasdaq futures were up 0.9%, having edged lower earlier in the day on a 12% dive in AI darling Super Micro Computer after it missed earnings estimates. The Nikkei's 1.2% rise followed Tuesday's 10% rally, suggesting invest...

June 5, 2024 3:08 PM

Global stocks gain on rate-cut wagers as ECB meeting looms

World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S. labour market data that firmed up bets of a September rate cut by the Federal Reserve. Worries about a cooling U.S. economy, however, kept a lid on risk appetite. The focus in Asia stayed on Indian markets, with stocks rising after Tuesday's plunge as voting results showed a slimmer-than-expected victory margin for PM Narendra Modi. The ECB meets on Thursday ...

May 31, 2024 10:18 PM

Global stocks lose steam after U.S. data

MSCI's global equities index gave up earlier gains on Friday after data showed modest U.S. inflation in April, while the dollar fell with Treasury yields as investors still bet on Fed interest rate cuts this year. The U.S. Commerce Department said the personal consumption expenditures (PCE) price index, widely seen as the Fed's favored inflation indicator, increased 0.3% last month, in line with expectations and the March increase, while core PCE rose 0.2% compared with 0.3% in March. "The mar...

May 31, 2024 3:15 PM

Global stocks and dollar idle ahead of Fed’s favourite inflation figure

Global shares were little changed on Friday in subdued trading as investors hunkered down for key U.S inflation figures that will shape the Federal Reserve's thinking on interest rates when it meets mid-June. The dollar was steady against peer currencies ahead of the U.S. inflation data. Oil was slightly weaker after Fed officials said it was too soon to start considering rate cuts, and following a surprise build in U.S. gasoline stocks. The MSCI All Country Stock index was flat at 780.9 poin...

May 30, 2024 3:31 PM

Global stocks and bonds steady after rate sell-off

European stocks steadied on Thursday as bonds regained some ground after a sell-off the day before on bets that global interest rates would stay higher for longer due to stickier inflation readings. The dollar softened slightly as U.S. Treasury yields slippedback while commodity prices came under pressure on renewed expectations that the Federal Reserve is unlikely to cut rates any time soon. The latest slowdown in the global risk rally has come on the back of data pointing to lingering inflat...