Peru unexpectedly left borrowing costs unchanged for a 13th straight month as policymakers expect a recent acceleration in inflation to prove temporary.
Gold traded near a nine-week low as fresh tensions in the Strait of Hormuz heightened war-driven inflation concerns and investors weighed prospects for at least one more US rate hike this year.
LG Energy Solution Ltd. reported preliminary third-quarter earnings that beat analyst estimates by more than double as the South Korean battery maker benefited from US manufacturing incentives and surging demand for energy-storage systems.
Philippine bonds, the worst-performing in emerging markets since the Iran war began, are set for further losses as faster inflation, a sliding peso and softer auction demand weigh on sentiment, strategists say.
Japanese stocks fell for a second day, tracking a Wall Street selloff as persistently high oil prices revived inflation concerns and weighed on equities near record highs.
Asian wheat millers are cutting forward commitments as prices soar, with Black Sea disruptions choking supplies from one of the world’s top exporting regions.
Trade Secrets
US Stocks open in cautious wait-and-see mode with all eyes on the FOMC September meeting minutes at 2:00 p.m. ET — the afternoon release that will either confirm or upend the market's current working assumption that October 28–29 is a pause, not a hike
Trade Secrets
Its basically a tale of 2 markets. We have a NASDAQ at an all time high while a bunch of other charts going the other way. All I can tell you is when looking for a long term top that will pop the bubble, divergences and non confirmations are an important part of it
Trade Secrets
US Stocks open higher to continue the week's rally as Nvidia broke above $6 trillion in market value for the first time Monday, Wall Street's record-setting Nasdaq close sets a bullish tone
Jack of All Trades
Apogee raised guidance twice and beat all four segments. Lamb Weston confirmed its QSR recovery. RPM set a Q1 revenue record. Constellation beat EPS but depletions fell — the market noticed.