Analysis: Indices

Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says

MONTREAL -Canada has discussed offering financial support to large aluminum producers like Rio Tinto impacted by a U.S.-led trade war, in the event that Washington's 50% tariff on imports of the...

Rebuilding global coffee stocks may need at least two good crops, experts say

CAMPINAS, Brazil -Rebuilding global coffee stocks may take at least a couple of good crops following successive deficits in the supply-demand balance, coffee industry officials said on Friday during...

Global equity funds attract biggest weekly inflows in eight months

Global equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs, with investors brushing off trade tensions and chasing gains in AI-linked sectors. ...

Investors eye tariff deadline as US stocks rally

NEW YORK -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline...

European shares fall as banks, mining stocks losses weigh

European shares ended lower on Friday as losses in banks and mining-related stocks weighed, with focus now shifting to the July 9 deadline for trading partners to reach a deal with the United States....

Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say

BRASILIA -The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank to lower financing costs and boost investment, two people familiar with the...

Platinum prices have limited upside after June's stellar rally

LONDON -Platinum prices have limited room to rise further after a record quarterly rally, analysts and traders said, with Chinese imports expected to soften and South African output to recover...

Why are farm goods holding up the India-U.S. trade deal?

MUMBAI -U.S. and India trade negotiators were pushing on Wednesday to finalise a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy...

Oil futures, options trade at record levels in Q2 as investors navigate volatility

HOUSTON -Total oil futures and options lots traded on the Intercontinental Exchange hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war and geopolitical...

Israelis hope for potential economic 'peace dividend' after war with Iran

JERUSALEM -Israel's 12-day war with Iran last month has dented its economy but investors and Israelis are hopeful that a U.S.-brokered halt to hostilities could bring an economic peace dividend with...

Mexico peso set to slip after expiry of US tariff hike freeze

BUENOS AIRES -The rallying Mexican peso is set to slip in the coming months after a temporary freeze on U.S. tariff hikes against other countries expires next week, a Reuters poll showed. ...

BHP inks charter contracts with COSCO for ammonia dual-fuelled vessels

SINGAPORE -Australia's BHP Group has signed contracts with China's COSCO Shipping for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers, the mining giant said on Wednesday. ...

US Senate budget bill slashes money to fill oil reserve

WASHINGTON -The budget bill passed by the U.S. Senate on Tuesday slashes the amount of money available to replenish the Strategic Petroleum Reserve even though President Donald Trump vowed on his...

Euronext in talks to buy Athens Stock Exchange for $470 million

Euronext is in talks to buy up to 100% of the Athens Stock Exchange in a 399 million euro all-share deal that would be the latest for a group that already operates stock markets in countries...

HSBC raises average gold price forecasts for 2025 and 2026

HSBC raised its 2025 average gold price forecast to $3,215 an ounce from $3,015 and its 2026 forecast to $3,125 from $2,915, citing elevated risks and government debt. Gold tends to...

EU wants upfront relief for key sectors in any US trade deal, sources say

BRUSSELS -The European Union wants immediate relief from tariffs in key sectors as part of any trade deal with the United States due by a July 9 deadline, but the bloc expects even a best-case deal...

Trading Day: Ending first half on a record high note

NEW YORK -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter  Jamie is enjoying some well-deserved time off,...

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...