Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away, while the yen and Japanese government bonds struggled ahead of a closely watched policy decision by the Bank of Japan.U.S. stock futures jumped after tech giants Alphabet ...

   Stocks snapped a three day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan’s yen sank through per dollar for the first time since .Tepid U.S. GDP data and Meta’s slump META.O weighed on equities.U.S. Treasury...

   Canada’s main stock index ended higher on Thursday, clawing back its earlier losses, as higher commodity prices offset worries that sticky inflation in the United States could delay Federal Reserve interest rate cuts.The Toronto Stock Exchange’s S P TSX composite index .GSPTSE ended up . ...

   Shares of British commodities broker Marex Group rose . on Thursday in their market debut on the Nasdaq, notching a valuation of . billion.The lukewarm debut of the London based company was in contrast with recent strong listings on U.S. stock exchanges, underscoring that investors remain...

   The South African rand rose on Thursday, after monthly domestic producer inflation came in as expected.At GMT, the rand traded at . against the dollar , nearly . stronger than its previous close.The dollar was last trading down . against a basket of other major currencies...

   U.S. and European shares finished mixed on Wednesday ahead of more corporate earnings this week, and the yen was mired near year lows, keeping traders wary of intervention from Japan.An auction of a record billion worth of five year U.S. Treasury notes on Wednesday helped to push bond yields...

   Canada’s main stock index fell on Wednesday, including declines for railroad shares, as long term borrowing costs climbed and retail sales data added to evidence of a slowdown in the domestic economy.The Toronto Stock Exchange’s S P TSX composite index .GSPTSE ended down points, or ., at...

   History suggests Wall Street’s recent mini correction won’t be its last this year, but stocks face potentially higher earnings and interest rate hurdles in the second half of the year if investors’ bullish expectations are to be met.The U.S. exceptionalism narrative is alive and well a strong...

   Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a disappointing result for policymakers that led markets to abandon hopes for any rate cuts this year.The Australian dollar duly jumped . to . , while three...

   Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the U.S. megacaps, and the yen tumbled to multi year lows against the dollar and the euro.Treasury yields dipped after data showed U.S. business activity cooled to a four month low.Easing concerns about...

   Canada’s main stock index climbed to its highest level in over a week, as tech and healthcare stocks led a broader recovery, while investors looked forward to an earnings packed week in the U.S.The Toronto Stock Exchange’s S P TSX composite index .GSPTSE closed up . points, or . , at ...

   Foreigners added about . billion to their emerging market portfolios in March, a fifth consecutive month of overall foreign net flows to EMs, the Institute of International Finance said on Tuesday.The IIF banking trade group said flows were positive for both bonds and equities last month, with...

   Argentina’s libertarian President Javier Milei is revving up his attack on the country’s deep fiscal deficit, doubling down on chainsaw spending cuts and blender austerity that squeezes purchasing power and he hopes brings down rampant inflation.The embattled country, facing drained central...

   Global equity market neutral hedge funds have lured investors as they can deliver better returns in times of global rates uncertainty and geopolitical tension than traditional stock markets.Equity market neutral hedge funds EMN execute strategies that capitalise on discrepancies in stock...

   Most stock markets in the Gulf were subdued on Tuesday amid tensions in the region as Lebanon’s Hezbollah launched deepest attack into Israel since Gaza war.Iran backed Hezbollah group said on Tuesday it had launched a drone attack against Israeli military bases north of the city of Acre.The...

   New Zealand’s central bank said on Tuesday it does not agree with the assessment of the country’s competition watchdog that its prudential capital settings need to be reviewed.In March, a draft Commerce Commission report found that there was limited competition in New Zealand’s personal banking...

   Investors scaled back safe haven bets on Monday as worries over a wider Middle East conflict eased, boosting world equities and pressuring gold, oil and bond prices.MSCI’s gauge of stocks across the globe .MIWD PUS rose . points, or . , to . .In a reversal of Friday’s risk off ...

   Canada’s main stock index rose on Monday, helped by gains for technology and financial shares, as investor sentiment showed signs of recovering after a rough period for the market since the start of April.The Toronto Stock Exchange’s S P TSX composite index .GSPTSE ended up . points, or .,...

   Argentina’s economic activity likely plunged . year on year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures under new libertarian President Javier Milei.The expected slide underscores the impact of...

   Global hedge fund borrowing rose to a five year high in the week to April , a Goldman Sachs GS.N note showed, as hedge funds ramped up trading to take advantage of the first sharp dip in U.S. and European stocks this year.Banks give hedge funds leverage, essentially a loan to fund investing,...

   Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the dollar is forcing other central bankers to protect their currencies and reconsider their policy choices.What appeared to be a dead cert a few weeks ago the Federal Reserve...

   Australia’s treasurer warned on Monday that events in the Middle East are fueling concerns for the global economy and will shape the government’s budget in May, with near term outlook downgrades for its major trading partners. Events in the Middle East are casting a shadow over the global economy,...

   Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and uncertainties surrounding U.S. Federal Reserve policy.In its first ever direct attack on Israel, Iran sent a barrage of more than missiles and drones on April in what it said was retaliation for Israel’s...

   Israel’s government has launched a new fund to encourage institutional investors to boost investments in high tech companies, the Israel Innovation Authority said on Sunday.The tech sector is a key driver of Israel’s economy, accounting for close to of output, of jobs, more than of...

   The Nasdaq and the S P closed sharply lower on Friday and Treasury yields dipped as investors juggled lackluster earnings, uncertainties surrounding central bank policy and geopolitical strife.Gold and crude oil prices advanced as market participants kept an uneasy eye on unfolding turmoil in...

   Canada’s main stock index edged higher on Friday as energy and interest rate sensitive shares notched gains, with the index outperforming Wall Street and clawing back some of its weekly decline.The Toronto Stock Exchange’s S P TSX composite index .GSPTSE ended up . points, or ., at , ...

   OTTAWA, April Reuters The Canadian government’s April budget does not at first glance do much to change the fiscal track from the one set by a fall economic statement last November, Bank of Canada Governor Tiff Macklem said on Friday.Macklem, speaking to reporters from an IMF meeting in...

   Bank of Canada Governor Tiff Macklem, who in February said the federal government should avoid a major spending increase, on Friday said this week’s federal budget had not significantly altered Canada’s fiscal path.

   South Africa’s rand firmed on Friday after a day of volatile trading, as the U.S. dollar gave up its gains from reports of an overnight Israeli attack on Iran.In the latest tit for tat exchange between the two arch foes, Israel launched an attack on Iranian soil, sources told Reuters. Iranian state...

   Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction of anything from oil to bonds and renew inflation risks.Stocks tumbled on Friday, oil briefly jumped more...