TraderKnows
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.TraderKnows
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…TraderKnows
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…TraderKnows
The FIU amends regulations, replacing mandatory reporting for large overseas crypto transfers with internal risk management, while expanding the Travel Rule to all amounts.TraderKnows
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.TraderKnows
Taiwanese shares slumped over 1,400 points intraday following a revenue miss from Broadcom, before bargain hunting helped pare losses. Analysts expect short-term consolidation as financials and mature-node chipmakers bucked the trend.
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.
Japan's real wages surged 1.9% year-over-year, marking the longest streak of gains in nearly two and a half years. The robust wage growth bolsters expectations for a 25-basis-point rate hike by the Bank of Japan at its upcoming June policy meeting.
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.
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…
Driven by a global semiconductor sector correction and geopolitical uncertainties, the KOSPI index closed down 5.54% on Friday, triggering a trading curb. The won fell to a 2009 low against the dollar, prompting verbal intervention from policymakers.
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…
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…
Despite a 73.6 billion dollar forex intervention by Japan Ministry of Finance, the yen real effective exchange rate dropped to its lowest since 1973 due to persistent interest rate differentials and structural economic challenges.
Elon Musk's SpaceX has kicked off its historic IPO roadshow to raise 75 billion USD at a 1.75 trillion USD valuation. However, users in mainland China and Hong Kong face a rare Error 1009 block, likely due to internal corporate compliance decisions.
