Global Markets Mostly Higher, U.S. Futures Lower as Tariffs Remain in Focus
Investors were keeping a close eye on tariff developments ahead of U.S. jobless data due later Thursday.
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A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
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Trump to Impose 50% Brazil Tariff, Citing Bolsonaro Trial
The levy is the highest announced so far in Trump’s letters to world leaders this week, and comes after he wrote a lengthy message supporting the former Brazilian leader.
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Chinese Property Stocks Rise on Policy Support Hopes
Property developer stocks had a rare day of outperformance in the Hong Kong market amid hopes that more policy support is on the way.
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Bank of Korea Holds Rates as Growth Concerns Ebb
South Korea’s central bank kept interest rates steady in a widely expected move, amid easing concerns over the country’s economic outlook.
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Auction of 10-Year Debt Sees Strong Reception, Pulls Rates Lower
Prices of Treasury debt have settled lower each trading day in July, marking the longest streak of rising yields since mid May, according to the Dow Jones Market Data team.
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How Trump’s threat of 50% tariffs on copper could hurt America’s AI ambitions
The time required to bring new marginal copper production online is measured in years, not months, one executive said.
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Warehouse Vacancies Climb to Highest Level in More Than a Decade
The second-quarter vacancy rate of 7.1% reported by Cushman & Wakefield was up from 6.1% a year earlier.
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Tight Diesel Supplies Threaten To Raise Transport, Heating Costs
A shortage of diesel fuel threatens to raise transport and heating costs next winter.
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Increased Hedging of U.S. Exposure by Foreign Investors May Weaken Dollar, BOE Says
Investors are seeking more protection against the risk of the dollar weakening during future periods of stress in the global economy, the Bank of England said.
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U.S. Crude Oil Stockpiles Post Second Straight Weekly Build
U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday.
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BOE Will Reflect on Steeper Curve in Quantitative Tightening Review, Bailey Says
The BOE will take account of the rise in yields on longer maturity government bonds as it considers how far to reduce its portfolio of gilts over the coming year.
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Trump Delayed Reciprocal Tariffs After Bessent Wanted More Time on Deals
The president also decided to send out letters as a way to keep the pressure up.
(END) Dow Jones Newswires
July 10, 2025 05:15 ET (09:15 GMT)
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