Marcus Holt
Senior Markets Correspondent · Business & Markets
Marcus Holt covers Business & Markets for BreakWire News. Marcus Holt has covered financial markets and global economics for over a decade. Before joining BreakWire, he spent eight years at Bloomberg LP in New York, where he reported on Federal Reserve policy, equity markets, and emerging-market debt crises.
Areas of expertise: Equity Markets, Central Banking, Commodities, Emerging Markets
Recent Articles
- US Markets and Mail Shut for Juneteenth Friday
No trading. No regular mail. Juneteenth shuts U.S. markets and federal services on Friday, with knock-on effects that run into next week.
- Toyota Faces California Suit Over 3-Wheel EV
A tiny three-wheel electric vehicle has put Toyota in federal court. The claim is bigger than the machine: technology meant for poor farmers was taken, then stalled.
- Egg Glut Slams Wholesale Prices and Farm Margins
Egg prices fell fast. Farmers' profits fell faster, and grocery shoppers still aren't getting the full break.
- People Inc. Builds Test Kitchen Against AI Recipes
More food content than anyone else. That's the claim driving People Inc.'s bet that real cooks, real testing and real brands can still beat AI slop.
- Persian Gulf Oil Flows Rise Amid Security Fears
More oil is moving out of the Persian Gulf. Nobody in the region is calling it safe yet.
- Fed Holds Rates at 3.5%-3.75%, Flags Hike
3.5% to 3.75%. That's where the Fed left rates, and stocks still fell because policymakers pointed straight at the chance of another hike this year.
- Pimco Placed $2 Billion Colombia Debt Bet
$2 billion went into Colombia's local sovereign market before voters cast a first-round ballot. That's not a hedge. It's a statement on risk, yield and what Pimco thinks comes next…
- Banxico Eases Account Rules to Push Digital Payments
Mexico's central bank is making cash a little less convenient. Banxico's new rules aim straight at small businesses, where informal payments still dominate.
- Kardigan Raises $400 Million in Upsized IPO
$400 million. Top of the range. Kardigan just gave the U.S. biotech IPO market the kind of clean read investors have been waiting for.
- Oil Falls as Hormuz Deal Eases Supply Fears
Oil dropped as the market stopped pricing a blockade and started pricing barrels. The Strait of Hormuz is open again. Now traders want to know how fast tankers and shut-in fields r…
- Yen Slide Puts Japan Intervention Back in Play
The yen dropped to the kind of levels Tokyo has defended before. Traders now have two prices to watch: the dollar and Japan’s pain threshold.
- Gold Rises as Iran Deal Offsets Fed Warning
Gold went up even with the Fed still leaning hawkish. The peace deal with Iran changed the trade, at least for now.
- Lost Lantern Blends Bourbon From All 50 States
50 states. One bottle. Lost Lantern turned a patriotic stunt into a sharp read on where American whiskey is actually heading.
- Shipowners Hold Back After Hormuz Reopening Deal
The Strait of Hormuz is open on paper. Shipowners still aren't ready to bet crews, hulls and cargoes on a handshake.
- Stocks Rally as Iran Deal Hopes Lift Risk
A possible Iran framework agreement lit a fire under risk assets. Traders bought first and asked the obvious questions later.
- Hormuz Truce Won’t Quickly Reset Oil and Trade
The deal stops the bleeding. It doesn’t erase the bill. Oil, shipping and inflation shocks from the U.S.-Iran conflict will linger well beyond the ceasefire.
- SpaceX Shares Jump Again Before Monday Open
SpaceX stock kept running. After a sharp Friday debut, the shares climbed again before the opening bell on Monday.
- Barclays Sees Gold Rebound After 26% Slide
26%. That was the peak-to-trough hit Barclays says reset the gold trade. The bank now sees the correction as the setup for a rebound, and that shifts attention back to miners.
- Deutsche Bank Backs U.S. Credit Over Europe
European credit gets hit first when energy risk jumps. Deutsche Bank says the Iran war makes U.S. corporate bonds the better place to hide.
- Space Solar Dreams Ignore Cheaper Power on Earth
24/7 sunlight sounds irresistible. The bill to collect it in orbit and beam it home does not.
More Coverage Desks
- Priya Venkatesh — Technology
- Daniel Croft — Politics & Policy
- Nadia Al-Rashid — World Affairs
- Kevin McAllister — Sports
- Dr. Claire Fosse — Health & Science
- James Okafor — Science
- Sofia Reyes — Entertainment & Culture