Analysis: Indices

Moroccan economy grew 4.8% in Q1

RABAT -Morocco's economy grew 4.8% in the first quarter this year, compared with 3% the same period last year, the national statistics agency HCP said. The growth was driven by an...

Egypt's economy grows by 4.77% in Q3 2024/25, planning ministry says

CAIRO -Egypt's economy grew by 4.77% in the third quarter of its 2024/25 fiscal year, up from 2.2% in the same quarter a year earlier, as manufacturing activity recovered, the planning ministry said...

Risk flows as trade talks unclog

A look at the day ahead in European and global markets from Wayne Cole. It was already a risk-on start to the week in Asia when news broke trade talks between the United States and...

Indian officials extend US visit to iron out trade deal, sources say

NEW DELHI -Officials from India will extend their Washington visit to try to reach agreement on a trade deal with U.S. President Donald Trump's administration and address lingering concerns on both...

India's monsoon covers country nine days early, accelerating planting

MUMBAI -India's annual monsoon rains covered the entire country on Sunday, nine days earlier than is typical, the weather department said, bringing forward planting of summer-sown crops. ...

Egypt winds down wheat collection as purchases fall short of target, documents show

CAIRO -Egypt has begun shutting down some local wheat collection centres ahead of schedule, signalling that the harvest is nearing its end with purchases falling short of the government's target,...

Trading Day: Wall Street's twin peaks

ORLANDO, Florida -- TRADING DAY Making sense of the forces driving global markets I'd love to hear from you, so please reach out to me with comments at ....

Nigeria's Dangote aims to end Africa's fertiliser imports

LAGOS -Africa will be self-sufficient in fertiliser within 40 months, Nigerian billionaire Aliko Dangote said on Friday, on the basis of a planned expansion of his $2.5 billion plant on the...

S&P 500, Nasdaq touch record highs after tame inflation data

The S&P 500 and the Nasdaq opened at record highs on Friday as a benign inflation report supported hopes for a dovish policy outlook from the U.S. Federal Reserve this year. The Dow...

Global equity funds see outflows for second straight week

Global equity funds saw money outflows for a second straight week in the seven days to June 25 as investors booked profits near record market highs and turned cautious ahead of key U.S. economic...

TSX pares weekly gain as mining shares drop

Canada's main stock index pulled back on Friday from a record high, weighed by declines for mining shares, as data showed the domestic economy contracting and after U.S. President Donald Trump...

Investors eye US jobs data as stocks hit record highs

Investors who have been captivated by recent geopolitical events are poised to shift their attention in the coming week to key economic data and policy developments to see if the torrid rally in U.S....

UBS raises S&P 500 index's annual target on fading trade tensions

UBS Global Wealth Management raised its year-end target for the S&P 500 index to 6,200 from its prior forecast of 6,000, banking on softening trade tensions and expectations of resilient quarterly...

China's total gold imports via Hong Kong fall 1.5% m/m in May

China's total gold imports via Hong Kong fell 1.5% in May from April, Hong Kong Census and Statistics Department data showed on Friday. WHY IT'S IMPORTANT As the world's...

Brazil corn ethanol boom covers demand as country hikes biofuel mandate

SAO PAULO -Growth of Brazil's corn ethanol sector has become key to meeting the country's growing demand for the renewable fuel under a new government mandate to use more ethanol in gasoline, even as...

South Africa's rand gains despite coalition tension

JOHANNESBURG -The South African rand was slightly up on Friday after sharp falls a day earlier, shrugging off a dispute between President Cyril Ramaphosa and his main coalition partner. ...

Stock markets opt for optimism

A look at the day ahead in European and global markets from Rae Wee Asian shares climbed to their highest in more than three years on Friday and Europe looked set to join the rally, as ...

Bumper orders for Xiaomi's new SUV heighten threat to Tesla

SHANGHAI/BEIJING -Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that...

Trump administration has 'no imminent plans' to refill nation's emergency oil reserve

WASHINGTON -The Trump administration has no imminent plans for refilling the nation's Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday. The...