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.

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…

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%.

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…

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…

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…

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…

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…

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.

Hong Kong gold stocks fell sharply as Fed rate-hike bets rose and gold broke below $4,200. Markets await US core PCE data for rate-path clues.

The Central Bank of Taiwan kept its key interest rates unchanged for the ninth consecutive time, maintaining the discount rate at 2%. Driven by robust AI demand, the 2026 GDP forecast was revised up to 9.45%, while credit controls remain tight due t…

Donald Trump warned that the US may levy transit fees on the Strait of Hormuz if talks fail. While US and Iranian delegations gather in Switzerland for closed-door negotiations, US intelligence warns that Israeli Prime Minister Netanyahu might disru.

The departure of top Google Gemini and DeepMind executives to OpenAI and Anthropic highlights a shift in AI bottlenecks from hardware to human capital. Read our deep dive into the cross-asset implications and OpenAI IPO strategies.

Pakistan Foreign Minister Dar announced that no tolls will be charged in the Strait of Hormuz for 60 days. Pakistan has successfully mediated the first US-Iran talks in 47 years, with technical teams discussing nuclear issues and frozen funds.

The global brokerage industry witnessed significant shifts this week, with SpaceX's potential listing sparking record trading volumes at Charles Schwab, while AI agents entered live trading and global regulators intensified focus on internal control…

Spot gold dropped to $4155.76/oz, marking its sixth consecutive weekly loss. A hawkish shift by the Fed and prospects of a US-Iran peace deal weighed on safe-haven demand, shifting focus to upcoming US GDP and PCE data.

The 10-year JGB yield rose to 2.675% as plans for a $2.3 trillion investment strategy fueled fiscal worries. Despite cooling May inflation, markets brace for further BoJ monetary tightening.

Japan's Nikkei 225 index hit a record high, surpassing the 72,000 mark. The stock rally was driven by surging AI investments, Prime Minister Sanae Takaichi's proposed $2.3 trillion strategic investment plan by 2040, and easing geopolitical tensions…

The US and Iran digitally signed a 14-point memorandum to extend the ceasefire for 60 days. While the deal unblocks the Strait of Hormuz and drops sanctions, Trump warned of severe military actions if Iran breaches.

The US Department of Justice is reportedly examining how Iran Supreme Leader Mojtaba Khamenei built a global investment portfolio involving JPMorgan Chase and Citigroup as part of a broader anti-money laundering review.