Public Markets 3h Briefing

Global Markets

Asian currencies bloomberg.com strengthened to a 16-month high on Wednesday, supported by a weaker dollar. Indonesia bloomberg.com began marketing its second offshore yuan bond in four months amid fiscal concerns. The Aussie ft.com and Kiwi dollars surged as traders positioned for global interest rate rises.

Commodities & Energy

Oil prices bloomberg.com reached a six-month high amid rising tensions between the US and Iran. Chinese polysilicon giant Tongwei Co bloomberg.com plans to buy a smaller domestic rival as the industry seeks to address chronic oversupply of solar-panel material.

Equities & Tech

Asian stocks investing.com rose with Japan and South Korea reaching record highs. Global funds bloomberg.com snapped up Taiwanese stocks in their biggest one-day buying spree in two decades, signaling confidence in chipmakers benefiting from the AI boom. Foreign inflows bloomberg.com into Indian equities are set to surpass domestic demand for the first time in 17 months.

Trade Policy

President Trump bloomberg.com called the Supreme Court tariff ruling "very unfortunate" but vowed to impose tariffs through other means. China's exports bloomberg.com show record US tariff evasion as companies adapt to trade barriers. Mike Johnson yahoo.com stood and applauded after Trump said "Congressional action won't be necessary" on new tariffs.