Public Markets 3h Briefing
×Asian Markets Rally
The Kospi wsj.com has gained over 40% this year, breaking above 6,000 as semiconductor and auto shares advance. Memory chip demand bloomberg.com has driven South Korean stocks to new heights.
Resource Stocks Advance
Fortescue investing.com shares rose after half-year earnings growth on record shipments. In Australia, Wise Tech investing.com jumped on upbeat earnings despite AI-driven job cuts, while Woolworths investing.com surged on strong results.
Commodity Markets
Gold prices wsj.com edged higher on position adjustments, though dipped for a second day bloomberg.com on reduced Fed rate cut expectations. Oil prices bloomberg.com rose as traders weighed US-Iran nuclear deal prospects.
US Market Outlook
US stock futures investing.com remain flat as investors await Trump's address and Nvidia earnings. Markets rebounded after AI selloff bloomberg.com, with health care stocks slipping before the State of the Union.
Asia-Pacific Economic Data
Australia's CPI investing.com rose more than expected in January with accelerating core inflation. Hong Kong's budget bloomberg.com is set to narrow the deficit with tech investments in focus.