South Korea's KOSPI stabilized but failed to post a strong rebound following regulatory scrutiny on leveraged ETFs. With long semiconductor positions marked as the most crowded trade, the market awaits Micron's earnings. Meanwhile, USD/JPY hovers ne…

Global markets diverged as the US Dollar Index hit a 13-month high, dragging gold down to $4,050. USD/JPY hovered near 161.53, keeping intervention alerts high, while investors awaited Micron's earnings for tech-sector valuation cues.

A stock market sell-off driven by technology shares boosted safe-haven demand for US government bonds, modestly lowering the 10-year yield. Investors are focused on upcoming PCE inflation data amid a less forward-guided Fed policy framework.

The British pound rallied to a 10-month high against the euro as political uncertainty cleared with Andy Burnham emerging as the frontrunner for UK Prime Minister. Traders are highly focused on potential pro-business cabinet appointments, including…

Euro area government bond yields extended declines for a second day. Easing oil prices and softer PMI cost data led money markets to standardly price in only one more ECB rate hike in 2026.

The Taiwan dollar dropped sharply against the US dollar, hitting a two-month low amid a strong greenback and a 2.24% decline in local equities. Foreign institutional investors offloaded a record TWD 177.4 billion worth of Taiwan stocks, driving mass…

The Financial Services Commission of South Korea has included security token infrastructure in its comprehensive capital market reform roadmap. With legal recognition for blockchain ledgers secured, the new framework and a management platform by Sam…

According to a draft growth strategy, Japan's government plans to review the management of its $1.3 trillion foreign reserves to improve returns and help repair fragile finances. Amid Prime Minister Sanae Takaichi's fiscal expansion plans, the move…

A decade after the Brexit referendum, economic data reveals a cumulative GDP loss of 6% to 8% for the UK, with Sterling failing to recover pre-vote levels. While the UK gained trade autonomy, non-EU immigration surged and trade barriers with the EU…

A 60-day US-Iran interim agreement has triggered a recovery in vessel traffic through the Strait of Hormuz. VLCC charter rates have surged to $280,000 per day, offsetting high war risk premiums. Meanwhile, expectations of resuming Middle East supply…

Germany’s 10-year government bond yield trended near an 11-week low at 2.91% on Wednesday, capped by expectations of controlled Eurozone inflation. Meanwhile, a hawkish Fed outlook pushed the US-German 10-year yield spread to 157 bps, the widest sin…

Thailand's Deputy Finance Minister stated the domestic economy remains stable with no immediate pressure to raise interest rates, as markets expect the central bank to hold the benchmark rate at 1.00%.

Asian equities erased early gains on Wednesday as a renewed tech selloff, led by TSMC, weighed on market sentiment. Safe-haven flows pushed the US dollar index to a seven-month high while investors eye Micron's upcoming earnings for AI demand clues.

U.S. President Trump ordered a Department of Justice investigation into major oil companies, alleging price gouging as retail gasoline failed to track an 18% drop in crude. Analysts view the move as mid-term election positioning, while experts cite…

Bank of Korea (BOK) board member Hwang Kun-il expressed concerns over rising home prices in Seoul and surging stock market leverage. Driven by the AI boom, retail leverage has hit record highs, prompting the central bank to intensify monitoring of f…

SpaceX closed down 16.43%, breaking below its track record since the first trading day and erasing nearly $400 billion in market value, marking the second-largest single-day loss in history. Despite a three-day cumulative decline of over 23%, the st…

Three major crypto lobbying organizations have jointly lettered Congress demanding the immediate passage of the Mining and Staking Tax Clarity Act without further amendments, pushing back against banking opposition and proposed limits on tax deferra…

LME copper prices rose 0.71% on Monday as traders assessed the first round of US-Iran peace talks in Switzerland and awaited the US Commerce Department's copper tariff review due by late June.

Spot gold rebounded 0.7% to $4189.69/oz as US-Iran talks in Switzerland showed progress, easing energy supply concerns and lowering Brent crude by over 1%. However, the upside remains capped by the Federal Reserve's hawkish dot plot, with markets pr…

According to JODI data, Saudi Arabia's April crude exports dropped to 399.0 million bpd while production fell to 6.316 million bpd, hitting record lows due to conflict in the Gulf and shipping constraints in the Strait of Hormuz.

The global artificial intelligence surge has propelled employees at Samsung and SK Hynix to the top of South Korea’s competitive marriage market, with massive bonuses rivaling traditional elite professions like doctors and lawyers while altering edu…

The 2-year US Treasury yield jumped to 4.23% on Monday, well above the Fed's policy ceiling, as markets reprice rate-hike risks. Signals from Fed Chair nominee Kevin Warsh indicating a pullback in forward guidance have spiked volatility and pressure…

Asian equities backed away from record highs as traders priced in a more aggressive Federal Reserve policy under Kevin Warsh. South Korea's Kospi dropped over 6% triggering temporary trading curbs, while regional currencies including the baht and pe…

The Hang Seng Index and Hang Seng Tech Index hit new adjustment lows at noon, with heavy-weight tech giants and semiconductor stocks sliding, while innovative drugs and mainland banks bucked the trend.

According to ACEA, European new car registrations grew 3.6% in May, powered by a 39.1% surge in BEVs, which now occupy over two-thirds of the market alongside hybrids. Traditional automakers like VW and Stellantis lost ground, while Chinese brands a…

The South Korean Kospi index slumped up to 6.4% intraday, triggering a trading pause as investors locked in profits from the AI rally. Foreign investors offloaded over $1.3 billion, dragging down tech giants Samsung Electronics and SK Hynix, ahead o…

US and Iran align on a 60-day roadmap toward a final deal, sending Brent crude down 1.7%. UK Prime Minister Keir Starmer announces his resignation, dragging Sterling to a 2026 low, while hawkish Fed bets push 2-year Treasury yields to new highs.

A Reuters poll shows Mexico's heading inflation is expected to hold at 3.77% in the first half of June. However, with core inflation remaining sticky above the central bank's target range, markets increasingly expect Banxico to keep its benchmark in…

Chicago Fed President Goolsbee stated that a stable labor market allows policymakers to focus on whether high inflation will persist. He agreed on avoiding forward guidance and expressed concern over sticky services inflation.

The US Treasury has issued a 60-day temporary license allowing Dollar-denominated settlements for Iranian oil and unlocking $12 billion in frozen assets for US agricultural purchases, in exchange for Hormuz maritime security.