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Markets

South Korean Shares Near 8,000 Milestone
The benchmark KOSPI climbed nearly 2% to around 7,980 on Thursday, extending gains to fresh record highs, amid a global…
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Markets

Dollar Holds Firm on Fed Rate Hike Bets
The dollar index hovered around 98.5 on Thursday and was up sharply this week as accelerating US inflation linked to…
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Indices

Taiwan Stocks Near Record High as Tech Shares Rally
The TAIEX, Taiwan’s benchmark stock index, climbed 552 points, or 1.4%, to near a record peak of 41,953 in Thursday…
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Indices

Hong Kong Stocks Extend Rally
The Hang Seng Index surged 160 points, or 0.6%, to 26,550 on Thursday, extending gains from the previous session as…
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Indices

Shanghai Stocks Hover Near 11-Year High
The Shanghai Composite fell 0.2% to around 4,233, though it remained near its strongest level since July 2015, while the…
Read More » US 10Y Yield Hovers Near 11-Month High
The yield on the US 10-year Treasury note hovered around 4.46% on Thursday, staying near its highest level since June…
Read More »China 10Y Yield Rises as Trump–Xi Meeting Begins
China’s 10-year government bond yield rose toward 1.75% on Thursday, rebounding from a three-week low hit in the prior session,…
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Soft Commodities

Palm Oil Remains Weak
Malaysian palm oil futures traded below MYR 4,450 per tonne, extending losses that began in early May and notching their…
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Economics

Economic calendar: US PPI inflation and euro area GDP
In the US, today’s focus is on the April PPI report following yesterday’s strong CPI reading, which showed persistent core…
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Energies

OIL – EIA points to a deeper supply shock than expected
Oil prices remain highly sensitive to developments in the Middle East, with Brent and WTI still holding around 100 USD…
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