US President Trump announced the invocation of the Defense Production Act, allocating 850 million USD to upgrade coal plants and export terminals to support growing power demands from AI data centers.
The Global Supply Chain Pressure Index for May dipped slightly to 1.77 but remains elevated. The closure of the Strait of Hormuz has disrupted oil and commodity logistics, prompting Fed officials to warn of pandemic-like inflation transmission risks…
A report from the China New Employment Forms Research Center shows flexible workers have exceeded 300 million. The monthly wage gap between blue and white-collar workers narrowed to RMB 2,250 in 2025, driven by high-earning service sectors.
Chinese commercial paper rates trended downward in the first week of June, with 6-month state-owned and joint-stock bank acceptance bills trading around 0.62%. Amid soft credit demand, banks utilized commercial paper to fulfill lending quotas while…
Halifax data shows UK house prices dropped by 0.1% in May due to regional conflicts and rising borrowing costs. Swap markets now price in potential Bank of England rate hikes by year-end.
A sharp tech pullback led by Broadcom guidance cooling the AI frenzy has pressured global markets and Asian currencies, with South Korea KOSPI index retreating significantly. Investors are pivoting to the upcoming US non-farm payrolls data to gauge…
World Gold Council data shows global gold ETFs experienced a $2 billion net outflow in May. Asia and North America led the withdrawals amid shifting allocations to strong-performing tech sectors and recalibrated Fed rate expectations, while Europe r…
Japan's Nikkei 225 index declined 1.31% on Friday, pressured by a valuation pullback in the artificial intelligence sector following Broadcom's revenue miss in the US. Despite the semiconductor supply chain facing downward pressure, Japan's real wag…
Europe's largest asset manager Amundi states that the Asian AI-driven stock rally is not a bubble, backed by a $5 trillion infrastructure cycle, though rising US yields due to Fed policy remain a key variable.
Broadcom's unchanged long-term AI outlook led to profit-taking in the tech sector, while an Israel-Lebanon ceasefire reduced energy risk premiums amid broader cross-asset rebalancing.
Spot gold prices retreated to $4434.30 per ounce amid rising geopolitical risks in the Middle East. Surging oil prices and robust US macroeconomic data have amplified inflation concerns, reinforcing expectations of sustained high interest rates from…
Wall Street indexes closed lower amid escalating geopolitical risks and energy price gains. Asset managers faced pressure from private equity redemption limits, while chip stocks showed resilience despite mega-cap divergence.
Eurozone government bond yields rose as Middle East tensions escalated and US-Iran peace talks stalled. Traders now see over a 50% chance of three ECB rate hikes by year-end, with the German 2-year yield climbing to 2.67%.
US 10-year Treasury yields surged amid rising crude prices driven by Middle East tensions and robust private payrolls and factory orders. Inflation fears resurface, prompting a reassessment of Federal Reserve interest rate expectations.
The Federal Reserve reported expanding economic activity and rising inflation driven by Middle East conflict energy costs. With incoming Chair Kevin Warsh taking the helm, the consensus shifts toward keeping rates higher for longer.
The World Semiconductor Trade Statistics reports that driven by surging AI demand and faster datacenter adoption, the global semiconductor market will expand by nearly 90% YoY to $1.5 trillion in 2026.
Geopolitical conflicts leave 57 VLCCs stranded in Middle Eastern waters, keeping freight rates and insurance premiums elevated. Driven by fleet redeployment and shifting waterway controls, systemic crude supply chain reconstruction faces long-term c…
US Secretary of State Marco Rubio confirms ongoing indirect nuclear negotiations with Iran, while Congress questions military authorization, shifting the geopolitical focus to maritime security and domestic political balance.
The USTR has proposed a 25% tariff on a broad range of Brazilian imports in response to structural disputes in digital trade and intellectual property. The policy includes exemption lists for agriculture and crude oil to avoid double taxation, with…
Vietnam's trade deficit expanded to a record $5.21 billion in May driven by surging import costs for semiconductors and energy, pushing inflation to 5.60% and clouding the nation's 10% GDP growth outlook.
The OECD report highlights that if the Middle East conflict prolongs shipping disruptions in the Strait of Hormuz, global economic growth could drop to 2.1% in 2026 and 1.8% in 2027, amid rising inflation pressures.
US stock indices hit record highs with the S&P 500 closing above 7600 for the first time, though analysts warn of severe market concentration. Marvell and HPE surged, while Alphabet fell on fundraising plans. April JOLTS job openings hit a two-year…
The US Dollar Index holding steady near 99.20 as investors monitor negotiations on reopening the Strait of Hormuz. USDJPY approaches the critical 160 threshold, elevating intervention risks, while markets await US payroll data and ECB policy cues.
The Pan-European STOXX 600 index rose 0.7%, driven by a 15.1% surge in STMicroelectronics after raising its AI datacenter revenue targets. Meanwhile, Eurozone inflation accelerated to 3.2%, solidifying expectations for an ECB rate hike.
Global equities rose on surging AI server and semiconductor demand, while crude oil fluctuated amid uncertain US-Iran negotiations. Bond yields retreated, Bitcoin fell below $70,000, and gold traded higher.
The EU draft Chips Act 2.0 reveals a major policy pivot from subsidizing advanced foundries to stimulating domestic demand. Tech chief Henna Virkkunen will outline plans to leverage public procurement for local startups and streamline fragmented sub…
Driven by AI infrastructure investment, South Korea's May semiconductor exports climbed 169.4% YoY, pushing total exports to $87.75 billion. Trade surplus hit a record $26.95 billion, prompting the BOK to raise its GDP forecast to 2.6%.
Trump Invokes Defense Production Act with 850 Million USD for Coal Power to Meet AI Demand
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NY Fed Index Shows High Supply Chain Pressures as Geopolitical Conflicts Raise Global Inflation Con…
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Japan's Real Wages Rise for Fourth Consecutive Month, Fueling June BOJ Rate Hike Bets
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China Flexible Employment Exceeds 300 Million as Blue-Collar Wage Growth Outpaces White-Collar for…
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South Korean Stocks Post Steepest Weekly Drop Since March as Tech Valuations Reset
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China Commercial Paper Rates Drop in Early June Amid Rising Bank Demand
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UK House Prices Unexpectedly Fall in May as Geopolitical Tensions Push Up Borrowing Costs
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Massive Intervention Fails to Save Yen as Short Positions Surge Near Historic Lows
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AI Momentum Pauses as Broadcom Outlook Misses High Expectations; Markets Await Payrolls
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SpaceX Launches 75B USD IPO Roadshow as Access Blocked in Mainland China and Hong Kong
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Global Gold ETFs See $2 Billion Outflows in May as Capital Pivots to Tech Assets
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Nikkei Drops Over 1% on Tech Sector Pullback While Real Wage Growth Provides Support
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South Korea Lifts Mandatory Reporting for Crypto Transfers Over 10M Won
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Amundi Says Asian AI Stocks Supported by Fundamentals as Fed Path Poses Key Risk
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Taiwan Stocks Close 1.33% Lower on Broadcom Drop But Hold Key Technical Support
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