Why Japan’s markets flipped the usual script after central bank rate hike
Japanese markets reacted in a seemingly counterintuitive fashion on Friday after the country's central bank hiked benchmark interest rates to their highest in 31 years.
City & Markets
Oil prices fall as Saudi supply hopes outweigh fresh Houthi strikes
Oil prices fell on Friday as investors weighed fresh strikes between Saudi Arabia and Yemen's Iran-backed Houthis against signs that additional Saudi crude could reach global markets and help ease sup…
Corn Faces Pressure on Thursday
Corn futures were down 1 to 4 3/4 cents on the Thursday session. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $4.85 1/4. Crude oil backed off by $1.34 on the day, to add some…
Wheat Weakness Pushes to Thursday
The wheat complex held onto weakness across the three exchanges at the final bell on Thursday. Chicago SRW contracts were down 3 ¾ to 6 ¾ cents on the session. KC HRW futures posted 5 to 8 ½ cent loss…
Soybeans Showing Modest Gains as Meal Carries the Load
Soybeans are powering through at Thursday’s midday, with contracts 2 to 4 cents higher at midday. The cmdtyView national average Cash Bean price is up 2 cents at $12.64 ¾. Soymeal futures are rallying…
Stocks Settle Sharply Higher as Crude Oil and Bond Yields Fall
The S&P 500 Index ($SPX) (SPY) closed up by +1.14% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.73%. September E…
Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
The Bank of Japan has raised its policy rate by 25 basis points to 1.25%, the highest level since 1995.
Hogs Face Modest Weakness on Thursday
Lean hog futures were mostly lower on Thursday, with contracts down 35 to 80 cents and nearby October up 22 cents. USDA’s national base hog price was not reported on Thursday afternoon due to thin vol…
Jensen Huang says Nvidia will sell twice as many chips next year
Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters.
The 10-year Treasury is having its worst run in over 100 years. Why investors are buying bonds anyway.
“The higher that yields go — for at least new money — it becomes more enticing to think about putting money into bonds,” one strategist notes.
Coffee Prices Settle Lower as Supply Situation Improves
December arabica coffee (KCZ26 ) closed down -5.05 (-1.79%) on Thursday, and November ICE robusta coffee (RMX26 ) closed down -39 (-1.14%). Coffee prices added to this week’s losses on Thursday, with …
Crude Prices Slip as Supply Fears Ease
October WTI crude oil (CLV26 ) closed down -0.52 (-0.51%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.0223 (+0.64%). Crude oil and gasoline prices settled mixed on Thursday, with gaso…
Pokémon has turned 30, and Target is set to cash in on the anniversary craze
SINGAPORE - Pokemon cards, once childhood collectibles, have made a comeback as niche investments, notably among young investors chasing returns that exceed traditional equities.
Saudi Arabia is now pushing to export more oil through the Strait of Hormuz
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.
As Republicans tout Trump's 'big beautiful bill,' here's who the tax breaks benefited most
As the midterm elections approach, Republicans are touting President Donald Trump's "big beautiful bill" to voters as they fight to keep slim majorities in Congress.
Anthropic shares 3 metrics to help AI companies monitor pace of development
Anthropic is sharing three new metrics that it says could help artificial intelligence companies monitor the pace of development, days after CEO Dario Amodei rocked the industry by calling for a coord…
Pet insurance or savings account: What’s the best way to plan for a big vet bill?
Vet bills can add up fast — especially if your pet needs emergency care, surgery or long-term treatment for an illness. New research from Money underscores how thin many household budgets already are …
Cocoa Prices Sink on Abundant Supplies
December ICE NY cocoa (CCZ26) closed down -207 (-3.46%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed down -125 (-2.86%).
House heads home to campaign amid calls for urgent AI action
The urgency with which Anthropic, OpenAI and xAI have sought to be regulated has not translated into action on Capitol Hill.
Amazon’s secret weapon against Walmart could be a massive blitz in same-day delivery
BofA analysts say Amazon’s reported plans to expand same-day fulfillment centers represent an effort to make basic goods “immediately accessible.”
Dollar Weakens with Crude Oil Prices and T-Note Yields
The dollar index (DXY00) fell from a new 1.5-month high today and is down by -0.20%. The dollar is under pressure today after WTI crude oil prices fell more than -2%, easing inflation expectations and…
My brother-in-law expects my husband and me to pay for his food every time we go out. How can I tell my husband I don’t want to do this anymore?
"They disabled it during the night, so he could only use the call app. I never understood why he only wanted to talk on Snapchat; it was because they would read his conversations with me on regular te…
Micron, Intel and other chip stocks are furthering their strong comebacks
Investor fears about an AI spending slowdown and the impact of interest-rate hikes are subsiding.
Tesla’s upcoming product frenzy could leave investors disappointed
Slower-than-expected robotaxi progress is still a chief concern, according to experts.