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Market news & articles

Geopolitics & Trade · 12 days ago

Trump Proposes 20% Strait of Hormuz Cargo Levy; Benchmark VLCC Transit Cost Implied Near $30 Million

Analyses published July 13 estimated the proposal at about $30 million for a 2 million-barrel VLCC cargo and roughly $17 million for a fully laden large gas carrier at current prices. No collection or enforcement mechanism has been detailed, while the IMO has said international straits have no legal basis for compulsory tolls.

Central Banks & Policy · 12 days ago

S&P Keeps Indonesia at BBB/Stable as BI Expects Support for Government Bonds

S&P affirmed Indonesia at BBB/A-2 with a stable outlook on July 13, saying weaker fiscal and external metrics should be temporary as revenue and export receipts recover and the 3% deficit ceiling remains a policy anchor. Bank Indonesia said the decision could support confidence after recent market and rupiah volatility.

Central Banks & Policy · 18 days ago

Japan 10-Year JGB Yield Hits 2.83%, Highest Since 1996, Amid Fiscal Policy Concerns

Market attention centered on a draft government blueprint that called for monetary policy to align with growth strategy and omitted language on improving fiscal health. Economy Minister Minoru Kiuchi said policy decisions remain the Bank of Japan’s responsibility and said the government is not abandoning fiscal discipline.

Markets · 18 days ago

S&P DJI puts Indonesia on 2027 watchlist, cites possible move from emerging to special measures or frontier

In a July 7 country-classification update, S&P Dow Jones Indices kept Indonesia classified as emerging while placing it on its 2027 watchlist for regulatory developments linked to stock-ownership transparency. It said worsening conditions could prompt special treatment for Indonesian securities, with classification assessed in a later annual review if issues remain unresolved.

Deals & Capital Markets · 25 days ago

CMA fast-tracks Phase 2 review of nexfibre’s £2 billion purchase of Netomnia parent Substantial

The UK Competition and Markets Authority said on July 1 it referred nexfibre’s planned acquisition of Substantial Topco and units including Netomnia, Brsk, Brsk ISP and YouFibre for an in-depth inquiry. The referral followed a fast-track request from the parties, and the Phase 2 group must report by Dec. 15, 2026.

Central Banks & Policy · 25 days ago

US Supreme Court rules Trump may remove FTC commissioners, overturning Humphrey's Executor

In a June 29 ruling, the Supreme Court held that Federal Trade Commission commissioners exercise executive power and cannot be shielded by statutory for-cause removal limits, allowing the president to dismiss them. The court said the decision does not resolve all agency structures and separately indicated the Federal Reserve has a distinct historical basis for independence.

Central Banks & Policy · 25 days ago

U.S. Supreme Court keeps Fed Governor Lisa Cook in office as removal case proceeds

In a June 29 ruling in Trump v. Cook, the Court denied the administration’s stay request, leaving a lower-court injunction in place and keeping Governor Lisa D. Cook on the Federal Reserve Board while the case proceeds. The opinion focused on procedural protections tied to the Fed’s for-cause removal standard and did not define cause fully.

Finance & Banking · 25 days ago

May 2026: Four-party tribunal challenge targets FCA motor finance redress rules, including Human Rights Act claims

In an 8 May 2026 update, the FCA said four applicants asked the Upper Tribunal to invalidate parts of its £9.1 billion motor finance compensation scheme, challenging its legal powers, pre-2014 coverage, loss presumptions and redress calculations, including alleged interference with lenders’ property rights. Firms were told to keep preparing.

Central Banks & Policy · a month ago

ECB's Kazaks Says Gradual Steps Are Preferable to a Rapid Run of Rate Hikes

ECB Governing Council member Martins Kazaks said there is no near-term need for the central bank to deliver several rate increases in quick succession. Reported comments indicated he prefers a patient meeting-by-meeting approach as new data arrive, following the ECB’s June 25 basis-point rate increase amid elevated uncertainty.

Geopolitics & Trade · a month ago

June 29: China Signals It Can Tolerate a Further Breakdown in EU Trade Ties Before Brussels Meeting

Via Yuyuantantian, a CCTV-affiliated account, China said it could withstand a further worsening or even a freeze in EU trade ties if Brussels keeps tightening restrictions while treating talks as a formality. The signal came before a June 29 meeting as the EU pursues negotiations while preparing additional trade and supply-chain measures.