The American exceptionalism trade is wobbling
It falls to Nvidia to make or break the market mood for the rest of the year
Economic news
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EU risks decimating its cobalt industry with new safety rules, business says
Glencore and Umicore among companies saying rules risk reinforcing dependence on China for crucial metals
Hedge funds’ bets on Argentina pay off after US bailout
Emerging market and distressed debt specialists post big returns after US support and electoral win boost Buenos Aires
Europe’s battle for control of its money
Banks fear ECB plans for a digital euro will undermine a European alternative to Visa, Mastercard and PayPal
Japan’s 10-year bond yields at highest since global financial crisis
Bond prices fall amid concerns over the prime minister’s plan for a fiscal stimulus
More than 80 countries back push for ‘road map’ to quit fossil fuels at COP30
Intervention from ministers once again puts the topic at the heart of climate change discussions