72 stories from 6 sources
The week in Global Markets
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Renewed attacks initially drove oil higher, lifted yields, and weakened equities as investors priced disruption and inflation risks. Proposed agreements involving the United States and Iran then pulled oil lower and supported stocks and bonds by reducing expected supply disruption.
Energy-driven inflation pushed US prices higher and kept markets pricing possible Federal Reserve tightening, despite conflicting readings on underlying price pressure. The ECB restarted hikes, officials kept another increase possible, and heavy sovereign issuance added pressure to long-term yields.
Exceptional demand for SpaceX's offering developed into a Nasdaq debut implying a $2.2 trillion valuation. The listing reset expectations for technology valuations and concentrated equity-market wealth around a single company and its founder.
Gold reached 27% of global reserves and overtook Treasuries, showing stronger central-bank preference for bullion-linked assets. Yet gold prices fell during the conflict, while Singapore's planned clearing hub pointed to expanding market infrastructure rather than dependable crisis protection.
Indonesia responded to accelerating capital outflows with an unexpected rate hike and later tested foreign investor demand through its first global dollar bond. The repeated pressure on the rupiah made currency stability a policy priority over near-term growth support.
Korea's volatile equity market drew rising retail participation and heavier hedging activity before nearing a credible path to MSCI developed-market status. The potential classification change could redirect global index capital and alter Korea's investor base.
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