Public Markets 3h Briefing
×Currency Markets
The yen bloomberg.com erased earlier gains against the dollar after Japan's government nominated two dovish Bank of Japan policy board members. Asian currencies rose to a 16-month high bloomberg.com on Wednesday, supported by a weaker dollar and steady yuan appreciation. Commodity-linked currencies like the Aussie and Kiwi dollars ft.com surged as traders positioned for global interest rate rises.
Asian Equity Markets
Global funds bloomberg.com snapped up Taiwanese stocks in their biggest one-day buying spree in two decades, betting on AI boom beneficiaries. South Korea bloomberg.com has surged past France in stock market value, propelled by technology shares riding the global AI boom with market capitalization now above $2.2 trillion.
Commodities & Energy
Gold prices investing.com rose as tariff jitters boosted haven demand, with U.S.-Iran talks looming on the horizon. Oil prices wsj.com climbed in Asian trading as investors braced for potential developments in U.S.-Iran negotiations.
Policy & Regulatory
President Trump bloomberg.com called the Supreme Court's tariff ruling "very unfortunate" but vowed to impose tariffs through other means during his State of the Union address. A judge wsj.com rejected the government's request to search a Washington Post reporter's devices, ordering a court review instead.
Global Capital Markets
Indonesia bloomberg.com began marketing its second offshore yuan bond in four months, testing investor confidence amid fiscal concerns in Southeast Asia's largest economy. Software stocks bloomberg.com continued their decline, with India's Nifty Realty Index becoming the worst performer so far this year after IT. Hyundai Motor investing.com plans a multi-billion dollar investment in South Korea as the automaker expands its operations.