Stock trading surge helps Wall Street navigate dealmaking trough
Volatility is keeping market-making desks active at a time when mergers and issuance have slowed
Economic news
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Global oil supplies forecast to outstrip demand this year despite Middle East war
International Energy Agency expects production to rise by 1.8mn barrels a day in 2025
BoJ to slow exit from bond market
Central bank vows ‘nimble response’ after surge in long-term bond rates in May
Bank of Japan to slow exit from bond market
Central bank vows ‘nimble response’ after surge in long-term bond rates last month
Central banks plan to boost gold reserves and trim dollar holdings
Geopolitical risks and worries about status of the greenback likely to drive further demand for bullion, survey shows