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Bloomberg Markets
The cost of hedging against rand declines over the next 12 months has fallen to the lowest level this year as investors bet gyrations spurred by the Middle East conflict and a surprise interest-rate hold by the central bank will soon blow over.
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Bloomberg Markets
Stocks extended gains as investors turned their focus to corporate earnings after weeks of choppy trading spurred by concerns over tech valuations and the conflict in the Middle East.
Iran suggested negotiations with Oman to get more ships moving through the Strait of Hormuz are making progress, but President Donald Trump expressed renewed frustration after calling off what he said was a major attack on the Islamic Republic.
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MarketWatch
South Korea’s once-surging market is now a haven for short sellers.
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MarketWatch
Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost.
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