Public Markets 3h Briefing
×Commodity Markets
Oil investing.com held near seven-month highs as tensions loom between the US and Iran, with tariff concerns clouding the outlook. Meanwhile, copper bloomberg.com jumped as China's markets reopened after the Lunar New Year break, with traders cheering the prospect of lower US tariffs.
Asian Developments
Chinese stocks investing.com reopened higher on tariff relief hopes and Lunar New Year spending, while most Asian currencies wsj.com weakened slightly against the dollar amid lingering US-Iran tensions. Hong Kong bloomberg.com is nearing the end of its budget deficit era but remains cautious despite the milestone.
Financial Sector Moves
JPMorgan CEO bloomberg.com Jamie Dimon drew parallels to the pre-crisis era, suggesting rivals are doing "dumb things" amid fierce competition. Separately, Marsh bloomberg.com is exploring a sale of its financial risk manager for high-net-worth individuals in Asia, while Jane Street bloomberg.com was sued for alleged insider trading by the administrator of Terraform Labs.
Technology & AI
Anthropic ft.com accused Chinese AI labs of "distillation attacks" on its models, naming rivals DeepSeek, Moonshot and Mini Max. In related news, DeepSeek investing.com reportedly trained its latest AI model on Nvidia Blackwell chips despite the US ban. Meanwhile, calls for an AI tax bloomberg.com have emerged to cushion effects of potential job losses.
Global Market Trends
Cautious foreign investors bloomberg.com are getting their India stock calls right, with retail investors' favorite stocks down a median 20% since January 2025. Australian real estate bloomberg.com firms gained as office landlords benefit from staff returning to work, while Panasonic ft.com exited the US TV business by handing operations to Chinese rival Skyworth.