Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Asian Markets Drop as U.S. Treasury Yields Pressure Tech Stocks
Asian stocks slipped on Thursday, weighed down by rising U.S. Treasury yields and weak regional economic data. Tech-heavy indexes in South Korea and Hong Kong were among the worst performers, tracking Wall Street’s overnight decline as investors reacted to higher yields and risk aversion.
U.S. Tech Losses Hit Asian Markets
South Korea’s KOSPI dipped 0.2%, and Hong Kong’s Hang Seng index fell 0.7%, both hit hard by tech sector losses. Rising U.S. Treasury yields pushed markets to expect slower interest rate cuts from the Federal Reserve, further dampening investor sentiment.
South Korea's economic outlook worsened as its third-quarter GDP growth missed expectations, while Japan's economy showed signs of contraction in both manufacturing and services sectors. The Nikkei 225 index gained slightly, but the TOPIX fell 0.2% following weaker-than-expected Purchasing Managers' Index (PMI) data.
Bright Spots in Tech Amid Broader Declines
Despite broader market losses, South Korea’s SK Hynix Inc. rose 1% after reporting record earnings driven by strong demand in artificial intelligence (AI) chips. Horizon Robotics saw an impressive debut on the Hong Kong stock market, with shares surging 28% following its $696 million IPO—the largest in Hong Kong this year.
China and India Show Mixed Market Trends
Chinese stocks also dipped, with the Shanghai Composite and CSI 300 losing 0.4% and 0.6% after a four-day rally on optimism surrounding government stimulus measures. Meanwhile, Australia’s ASX 200 rose 0.3%, helped by growing service sector activity, while Indian markets are set for a positive opening after three days of declines, buoyed by key earnings reports.
