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MORNING BID EUROPE-Peace progress stalls, AI rally does not
A look at the day ahead in European and global markets from Tom WestbrookMarkets still want to believe that neither the U.S. nor Iran is aiming to escalate their conflict. But the path to resolution remains as unclear as ever after another round of raised hopes came to little over the weekend.U.S. P...
Reuters
Mon, May 11
PRECIOUS-Gold falls on oil-driven inflation worries as US–Iran peace talks falter
Trump rejects Iran's response to U.S. peace proposalChina gold production falls in Q1'2026April Consumer Price Index data due this weekBy Pablo Sinha May 11 (Reuters) - Gold prices fell on Monday, as a lack of progress in U.S.–Iran peace negotiations pushed oil prices higher, fuelling con...
Reuters
Mon, May 11
GLOBAL MARKETS-Share futures wobble, dollar gains as Iran talks teeter
Dollar up as US-Iran talks stumbleOil climbs more than 4% in Asia trade Trump to visit China this week with much at stake By Wayne Cole SYDNEY, May 11 (Reuters) - The dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait ...
Reuters
Mon, May 11
HK Movers | Storage ETFs Advance. CSOP SK Hynix Daily 2x Leveraged Product up 23.5%; CSOP Samsung Electronics Daily 2x Leveraged Product up 6.55%
Storage shares advanced in Hong Kong market. CSOP SK Hynix Daily 2x Leveraged Product up 23.5%; CSOP Samsung Electronics Daily 2x Leveraged Product up 6.55%.JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month, citing improvement in the semiconduct...
Tiger News
Mon, May 11
METALS-Copper rises on upbeat China data, supply concerns after Freeport delay
May 11 (Reuters) - Copper prices edged higher on Monday, supported by stronger-than-expected inflation data from top consumer China and supply concerns after Freeport delayed a full recovery of its Grasberg mine in Indonesia. The benchmark three-month copper CMCU3 on the London Metal Exchange was...
Reuters
Mon, May 11
PRECIOUS-Gold falls on oil-driven inflation worries as US–Iran peace talks falter
Trump rejects Iran's response to U.S. peace proposalChina gold production falls in Q1'2026April Consumer Price Index data due this weekBy Pablo Sinha May 11 (Reuters) - Gold prices fell on Monday, as a lack of progress in U.S.–Iran peace negotiations pushed oil prices higher, fuelling con...
Reuters
Mon, May 11
BREAKINGVIEWS-FIFA risks a World Cup own goal in China and India
By Ka Sing Chan HONG KONG, May 11 (Reuters Breakingviews) - Gianni Infantino, head of soccer's global governing body, has called this year's men's World Cup the "most inclusive" in history. Try telling that to fans in China and India, who at this rate might not even be able to...
Reuters
Mon, May 11
Australia's Elevra Lithium rises on selling stake in Ewoyaa Lithium Project
Elevra Lithium ELV.AX rises as much as 4.1% to A$14.06, highest since October 13, 2023Lithium producer to sell its interest in Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt for ~$71 millionSale to allow co to focus on core North American assets while simplifying corporate, operational st...
Reuters
Mon, May 11
Japan's Nikkei retreats from record high as Iran conflict concerns resurface
By Rocky Swift TOKYO, May 11 (Reuters) - Japan's Nikkei share average touched a record high early on Monday before erasing gains as the Middle East crisis outweighed optimism over corporate earnings and technology investment. The benchmark Nikkei 225 Index .N225 edged 0.1% lower to 62,666.57,...
Reuters
Mon, May 11
HK Movers | Nonferrous Metal Shares Drop. Tongguan Gold, Lingbao Gold, Chifeng Gold down around 6%; Zijin Gold down over 4%; SD Gold down 3%; Chalco, China Hongqiao down over 2%
Nonferrous metal shares dropped in Hong Kong market. Tongguan Gold, Lingbao Gold, Chifeng Gold down around 6%; Zijin Gold down over 4%; SD Gold down 3%; Chalco, China Hongqiao down over 2%.
Tiger News
Mon, May 11
HK Movers | Optical Communication Stocks Jump. YOFC up over 6%; CIG up over 4%; FIT HON TENG, TIME INTERCON up over 2%
Optical communication stocks jumped in Hong Kong market. YOFC up over 6%; CIG up over 4%; FIT HON TENG, TIME INTERCON up over 2%.
Tiger News
Mon, May 11
Australian shares fall after Trump rebuffs Iran; CSL sinks to near decade‑low
May 11 (Reuters) - Australian shares fell on Monday as risk aversion deepened after U.S. President Donald Trump rejected Iran's response to a peace proposal, while CSL slid to a near-decade low, with the biotech firm cutting outlook and flagging $5 billion in impairments. The S&P/ASX 200 ind...
Reuters
Mon, May 11
Citi sees downside risks for Aussie QSR chains on McD upswing; stocks down
Citi flags downside risks for Australian quick-service restaurants Collins Foods CKF.AX, Guzman y Gomez GYG.AX, Domino's Pizza Enterprises DMP.AX after McDonald's MCD.N Q1 resultsCKF, GYG, DMP down as much as 2.2%, 3.3%, 1.4%, respectivelyBrokerage notes McDonald's results signal its res...
Reuters
Mon, May 11
PRECIOUS-Gold falls on oil-driven inflation worries as US–Iran peace talks falter
May 11 (Reuters) - Gold prices fell on Monday, as a lack of progress in U.S.–Iran peace negotiations pushed oil prices higher, fuelling concerns that elevated inflation could keep interest rates higher for longer. FUNDAMENTALSSpot gold XAU= fell 0.6% at $4,687.49 per ounce, as of 0038 GMT. U.S. ...
Reuters
Mon, May 11
SG Morning Brief | S&P and Nasdaq Hit Records on Apple-Intel Deal and Strong Jobs
Weekend WrapApple and Intel formally confirmed a preliminary chip-manufacturing agreement on Friday, the biggest US foundry deal since the CHIPS Act passed. Nvidia CEO Jensen Huang told the Milken Conference that AI will make "intelligence itself abundant." Iran continued reviewing the US 14-point MOU but renewed clashes near the Strait of Hormuz kept oil volatile.US Overnight (Friday Close) The S&P 500 rose 0.84% to a record 7,398.93, the Nasdaq Composite surged 1.71% to a record 26,247.
Longport
Mon, May 11
GLOBAL MARKETS-Share futures wobble, dollar gains as Gulf talks teeter
Dollar up as US-Iran talks stumbleOil climbs more than 3% in early trade Trump to visit China this week with much at stake By Wayne Cole SYDNEY, May 11 (Reuters) - The dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait...
Reuters
Mon, May 11
24H | Storage Shares Extend Rally with Micron up 8%; SanDisk up 5%; Roundhill Memory ETF up 3.6%. Hims & Hers Jumps 7%; Moderna Gains 2%
Storage Shares Extend Rally with Micron up over 8%; SanDisk up 5%; Roundhill Memory ETF up 3.6%; Rambus up over 2%.Hims & Hers Health jumped 7% in overnight trading. The surge is primarily driven by reports of a potential leadership change at the U.S. Food and Drug Administration (FDA), with the Pre...
Tiger News
Mon, May 11
Australia shares set to fall at open; NZ slips
May 11 (Reuters) - Australian shares are expected to open lower on Monday as investors keep risk appetite in check awaiting clarity in the Middle East conflict after U.S. president Trump called Iran's response to a peace proposal by the U.S 'unacceptable.'The local share price index futu...
Reuters
Mon, May 11
Oil Jumps $3 a Barrel as US and Iran Fail to Reach Agreement on Peace Proposal
Oil prices jumped $3 a barrel on Monday as the United States and Iran failed to agree to a peace proposal drafted by Washington while the Strait of Hormuz remained largely closed, keeping global energy supply tight.
Tiger News
Mon, May 11
GLOBAL MARKETS-Share Futures Ease, Dollar Gains as Gulf Talks Teeter
SYDNEY, May 11 (Reuters) - Share futures slipped and the dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait of Hormuz all but shut and sending oil prices higher.
Reuters
Mon, May 11
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