Interstellar Capital

2025/01/06

U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal

Jan 6 U.S. President Joe Biden violated the Constitution by blocking Nippon Steel's (5401.T), opens new tab $14.9 billion bid for U.S. Steel (X.N), opens new tab through a sham national security review, the companies alleged in a lawsuit they said was filed on Monday.

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2025/01/06

European automakers rise on report of US tariffs aimed at critical imports

Jan 6 European shares rose on Monday, led by automakers, after a report that U.S. tariffs might be less aggressive than President-elect Donald Trump had threatened.

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2025/01/03

US equity inflows cool on higher bond yields

Jan 3 Inflows into U.S. equity funds fell sharply in the week through Jan. 1 hit by rising Treasury yields and year-end profit- taking, along with concerns about a slower pace of Federal Reserve rate reductions this year.

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2025/01/03

Dollar set to end week on a high on US rates and economic outlook

SINGAPORE, Jan 3 The dollar was on track for its strongest weekly performance since early December on Friday, propped up by expectations that the U.S. economy will continue to outperform its peers globally this year and U.S. interest rates will stay elevated for longer.

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2025/01/02

Dollar resumes upward trend, euro hits lowest since Nov 2022

LONDON/SINGAPORE, Jan 2 The dollar hit new multi-month highs against the euro and the pound on Thursday, the first day of 2025 trading, as it built on last year's strong gains on expectations U.S. interest rates will remain high relative to peers.

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2025/01/02

World shares start 2025 with a wobble on Trump trepidation

LONDON/SINGAPORE, Jan 2 World shares struggled for traction on Thursday after a jittery close to 2024, while the dollar weakened as investor sentiment dithered ahead of Donald Trump's return to the White House.

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2024/12/31

How investments may fare during Trump 2.0 and Fed easing

NEW YORK, Dec 31 U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform.

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2024/12/31

Stocks and dollar end 2024 steady, 2025 all about Trump

SINGAPORE/LONDON, Dec 31 World stocks held steady on Tuesday in cautious year-end trading that has seen investors bracing for the incoming Donald Trump administration by scaling back bets on deep U.S. interest rate cuts in 2025, helping the dollar stand tall against most other currencies.

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2024/12/31

European stocks clock worst quarterly showing since 2022

Dec 31 European stocks recorded their worst quarterly showing in more than two years on Tuesday, as uncertainty around interest rates and the Trump administration's policies halted a rally that had pushed several markets to record highs this year.

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2024/12/30

Gold prices dip as markets await fresh catalysts

Dec 30 Gold prices dipped in thin trade on Monday as traders awaited fresh catalysts, including next week's U.S. economic data, which could influence the Federal Reserve's interest rate outlook for 2025, as well as policies from incoming President Donald Trump.

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2024/12/30

Wall St futures slip on elevated Treasury yields

Dec 30 U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically strong year-end period for equities.

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2024/12/30

World shares tick lower as high yields test lofty valuations

LONDON/SYDNEY, Dec 30 World shares held steady on Monday while Wall Street futures ticked lower as elevated government bond yields prompted investors to pull out of equities at the end of a year that has been positive for many regional markets.

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2024/12/27

European shares close out holiday-affected week higher on finance, healthcare boost

Dec 27 Europe's STOXX 600 index clocked its first weekly advance in three on Friday, boosted by advancing healthcare and financial shares, capping off a holiday-shortened week.

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2024/12/27

US equity funds receive big inflows on cool inflation, funding bill, and holiday rally

Dec 27 U.S. equity funds attracted significant inflows in the week to Dec. 25, recovering from a prior-week sell-off, buoyed by a cooler inflation report, a stopgap funding bill averting a government shutdown and a so-called "Santa Claus" rally.

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2024/12/26

US stocks dip as "Santa Claus rally" stalls, 10-year Treasury yields touch 8-month high

NEW YORK, Dec 26 Wall Street stocks headed lower on Thursday and U.S. benchmark Treasury yields scaled the highest level since April in light, post-Christmas trading.

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2024/12/26

Dollar stays resilient, Asia shares wobble

SINGAPORE, Dec 26 Asia shares eased in holiday-thinned trade on Thursday, paring some of their gains from earlier in the week, while the dollar rose alongside U.S. Treasury yields.

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2024/12/24

Wall Street advances in short Christmas Eve session on megacap gains

Dec 24 Wall Street's main indexes advanced on Tuesday, as gains in a handful of megacap and growth stocks bolstered benchmarks in a truncated trading session before Christmas.

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2024/12/24

Energy, mining stocks lead gains in Europe's holiday-thinned trade

Dec 24 Europe's main stocks index rose on Tuesday, with mining and energy stocks leading gains amid light trading volumes ahead of the Christmas break.

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2024/12/24

Futures muted before shortened Christmas Eve trading

Dec 24 U.S. stock index futures remained subdued ahead of Tuesday's shortened trading session, with Wall Street entering a historically strong period before rounding off its second consecutive year of gains.

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2024/12/23

Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US

LONDON, Dec 23 Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus.

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