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Markets
Investors beware: ‘Magnificent Seven’ are starting to resemble ‘Nifty 50’ stocks that got crushed in the 1970s market…
What do the “Magnificent Seven” stocks of today and the “Nifty 50” names of the early 1970s have in common? More than you might expect, according to one Wall Street…
US bonds on track for best month in nearly 40 years
Stay informed with free updatesSimply sign up to the Sovereign bondsmyFT Digest -- delivered directly to your inbox.US bonds are on track to record their best monthly performance!-->!-->…
Cuban rum makers fret as another dismal sugar harvest looms
© Reuters. Bottles of Havana Club rum are seen at the production line at the Havana Club Distillery in San Jose de las Lajas, Cuba, May 12, 2015. Picture taken May 12, 2015.…
U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says
The numbers: Home prices in the 20 biggest U.S. metros rose for the seventh month in a row and hit a record high, reflecting a persistent shortage of properties for…
LME wins High Court ruling over cancelled nickel trades
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The London Metal Exchange has won a landmark legal…
EUR/JPY Price Analysis: Decent contention remains near 161.20
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EUR/JPY prints humble gains in the 162.10/20 band…
Argentina’s populist president-elect Javier Milei tells top Biden officials that he’s committed to freedom
WASHINGTON — Argentina’s President-elect Javier Milei met Tuesday with senior Biden administration officials at the White House in his first international trip…
HSBC chief warns against excessive risk-taking as UK bonus cap lifted
Stay informed with free updatesSimply sign up to the UK banksmyFT Digest -- delivered directly to your inbox.HSBC’s chief executive Noel Quinn has said the removal of the UK’s!-->!-->…
NZD/USD to inch higher gradually towards 0.6260 – SoGen
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NZD/USD scaled 0.62 handle for the first time since early…