Public Markets 3d Briefing
×Market Performance
Gold and silver wsj.com gained in early Asian trade as trade tensions renewed following Trump's latest moves, spurring haven-buying. The S&P 500 investing.com "appears coiled for a significant move" soon according to technical strategists, while option pros bloomberg.com trade index versus index to play huge stock rotation. Latin American stocks bloomberg.com are seeing global investors pile in at the fastest clip in a decade, sending markets across the region to multi-year highs.
Fixed Income & Currency
The dollar bloomberg.com weakened in early Asia trading as uncertainty lingered after the US Supreme Court struck down President Trump's sweeping reciprocal tariffs. Bond market momentum bloomberg.com shifts bears' way as sell signals flash, with pressure mounting from the Supreme Court's decision against Trump's tariffs, Federal Reserve rate hike threats, and signs of labor-market resilience. Treasuries bloomberg.com dipped before PCE as Fed hawks and Iran put traders on edge, capping a week shaped by hawkish signals from the Federal Reserve and US-Iran tensions that sent oil prices higher.
Corporate News
Rolls-Royce investing.com plans a $2 billion share buyback according to Sky News, while Rolls-Royce bloomberg.com also plans a £1.5 billion stock buyback as reported by Sky News. Mavis Tire bloomberg.com has picked banks for a US initial public offering, an auto repair and tire service provider that counts Midas and Tuffy among its brands. Conoco Phillips bloomberg.com is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio.
Commodities & Energy
Oil wsj.com fell in early Asian trade as President Trump weighs an initial limited military strike on Iran to compel the country to meet his demands for a nuclear deal. Gold and silver gained amid renewed trade tensions, with ANZ noting that trade tensions have renewed following Trump's latest moves, likely spurring haven-buying that supports both metals. UBS investing.com sets a bold $6,200 gold target as Middle East tensions rise.
Technology & Innovation
Japan businesses bloomberg.com welcome the startups they once shunned as CEOs adapt to workers' new expectations and the need to partner with businesses of all sizes. China's AI rally investing.com ignites as investors shrug off global disruption fears. OpenAI finance.yahoo.com forecasts its revenue will top $280 billion in 2030. The 'Godfather of Data Centers' wsj.com making offers big tech can't refuse in Virginia's Loudoun County, a giant data-center market thanks in part to a radio DJ-turned county executive director for economic development.
International Markets
Brazil and India bloomberg.com sealed a rare earth deal amid global supply strains, agreeing to work closely on processing to secure rare earth supplies at a time of global disruption. France's business activity bloomberg.com was held back by manufacturing dip as the contraction in French business activity eased this month but surprise weakness in the manufacturing sector weighed. Germany investing.com is adding more wind power yet the outlook is far from clear.
Private Markets
Blue Owl ft.com has halted redemptions at a retail private credit fund, rattling the $1.8 trillion private credit market despite years of solid returns. Partners Group ft.com tells markets to "chill OK" as nothing to see here. The ANC's sudden embrace ft.com of South African business marks a shift from once instinctively hostile positions to working with the private sector to shore up the economy.
Trade & Policy
US trade chief investing.com says no countries plan to exit tariff deals as senior US officials said President Trump's tariff defeat at the Supreme Court won't unravel deals negotiated with US partners. Switzerland investing.com may need to accept US tariffs as permanent, according to its trade chief. The EU investing.com trade chief urges pause on US deal approval amid Trump tariff uncertainty, while the EU yahoo.com tells the US "a deal is a deal" as tariff uncertainty grows after court ruling. Hungary bloomberg.com plans to block every European Union decision concerning Ukraine, including a new sanctions package against Russia and key loans, until oil starts flowing again through the Druzhba pipeline.
Regulatory & Legal
Midas Auto Repair owner Mavis Tire is said to pick banks for IPO. The Nobel laureate finance.yahoo.com who co-wrote 'Why Nations Fail' warns US democracy won't survive unless these two things change. The School Photography Company wsj.com caught in the Epstein files frenzy as online sleuths sparked a boycott of Lifetouch over its ownership by Apollo.
Market Outlook
Bond skeptics bloomberg.com see little need for Fed cuts in 2026 as Invesco and Carmignac say the economy is too strong to justify two interest-rate cuts. Vanguard bloomberg.com eyes non-US markets to hedge high-grade debt exposure as elevated valuations and expectations of higher supply leave the market vulnerable to repricing. Technical strategist says S&P 500 "appears coiled for a significant move" soon, while option pros trade index versus index to play huge stock rotation.
Market Disruptions
Wall Street's latest bet wsj.com is on 'HALO' companies with AI immunity as Deere and Mc Donald's have become darlings to investors worried about broad AI disruption. Clothing brand finance.yahoo.com closes Peoria store, fate of other locations uncertain. 30-year-old beer brand finance.yahoo.com files Chapter 7 bankruptcy to liquidate.
Infrastructure & Real Estate
Yacht boom ft.com propels $700 million-plus Stonepeak marina deal as US infrastructure investor hopes to use Southern Marinas as launch pad for further acquisitions in sector. First shares ft.com set to trade on London's new private markets platform as investment company Tradable Private Equity makes first transaction on 'Pisces'."