Section
Markets
PBOC lifts Hong Kong yuan hub with 800bn Bond Connect quota
Hong Kong yuan hub plans widened as the PBOC raised the southbound Bond Connect quota to 800 billion yuan and backed new gold clearing.
Hong Kong's IPO revival meets its first supply test
Hong Kong IPO lock-ups are releasing a record wave of insider shares, giving investors an early test of whether 2026 listing momentum can hold.
Yen undervalued by 20% puts Japan intervention back in play
Yen undervalued by 20 per cent is how former FX chief Tatsuo Yamasaki reads Japan's currency slide, sharpening the risk of surprise intervention.
Nvidia AI server delay to 2028 hits Asian supplier stocks
Nvidia AI server delay hit Asian supplier stocks after a report said its Kyber rack could slip to 2028, reviving hardware bottleneck fears.
A small won gain opens a bigger test for Seoul's FX reform
South Korea's 24-hour won trading debut brought a modest first-session gain, but the bigger test is whether overnight liquidity reaches global investors.
Beijing’s quiet pushback against China’s bond rally
PBOC bond purchases fell to a nine-month low in June, signalling Beijing wants tighter control of yields and liquidity without broad easing.
South Korea stocks tumble 6% as AI jitters hit chipmakers
South Korea stocks tumbled more than 6% after Meta's compute-resale plan fuelled AI overcapacity fears, dragging Samsung and SK Hynix lower.
Foreign selling in JGBs tests Japan's higher-rate reset
Japan bond selling hit a three-year high in June, showing BOJ rate rises may unsettle foreign buyers before they draw capital home.
Yen 40-year low keeps Japan intervention risk in focus
Yen 40-year low levels near 162.41 per dollar have pushed Japan intervention risk back to the centre of FX markets as the Fed-BoJ gap stays wide.
2-year Treasury yield 2026: what it says about the Fed
The 2-year Treasury yield is the bond market's quickest read on Fed expectations, and June's jump to about 4.2% showed why traders watch it.
Why five-year Treasuries are the Warsh era sweet spot
Five-year Treasuries are drawing big bond managers as Kevin Warsh's hawkish Fed steadies inflation bets without fully punishing duration.
10-year Treasury yield in 2026: what it signals now
The 10-year Treasury yield in 2026 points to sticky inflation, changing Fed bets and heavy bond supply more than a near-term recession call.
Wall Street cuts euro rally bets as the Fed trade returns
Euro forecast 2026 turns less bullish as Fed hike bets outlast the ECB, pulling Wall Street toward a $1.10 target and back into the dollar trade.
Dollar hits 13-month high as AI inflows, Fed bets build
Dollar hits a 13-month high as AI-driven inflows into U.S. assets and higher-for-longer Fed bets keep capital clustered in the greenback.
Bolivia exchange-rate reset ends 15-year dollar peg
Bolivia's exchange-rate reset ends a 15-year dollar peg as reserve losses and a widening black-market gap force a managed devaluation.
SpaceX joins Nasdaq 100, setting up $4.3bn index bid
SpaceX's Nasdaq 100 inclusion will trigger an estimated $4.3 billion of passive buying as funds tracking the index rebalance after its IPO.
Hong Kong dollar hits 10-month low as Fed bets buoy greenback
Hong Kong dollar hit HK$7.8417, its weakest in 10 months, as Fed hike bets widened the rate gap and pushed the peg toward its weak-side limit.
Korean stocks tumble 9% as chip rout forces second halt
South Korean stocks slid as much as 9%, forcing another 20-minute halt as Samsung and SK Hynix sank and AI-chip nerves spread across Asia.
MSCI keeps South Korea EM status, delays Indonesia review
MSCI kept South Korea as an emerging market and pushed Indonesia's review to November, leaving FX access and frontier-risk questions in focus.
Cboe (CBOE) binary options return tests Kalshi and Polymarket
Cboe binary options are back on the Mini-S&P 500, giving the listed exchange a direct answer to Kalshi and Polymarket's rise.
Alphabet joins Dow as Verizon exits in index reshuffle
Alphabet joins the Dow on June 29 as Verizon exits, a swap that shows a price-weighted US benchmark tilting toward platform-era growth.
AI stock sell-off spreads from Korea chips to SpaceX
AI stock sell-off pressure spread from South Korean chip names into SpaceX and U.S. futures, turning a local pullback into a global reset.
Hong Kong IPO access would tap mainland cash for liquidity
Hong Kong IPO access is being pitched as a way to restore deal demand and trading depth without giving Beijing a full capital-account reopening.
Japan's super-long JGB market loses a natural buyer
Japan super-long JGB yields are climbing as life insurers turn sellers, weakening a key source of duration demand in a market global investors watch.
Treasuries slip back into oil-shock mode as Iran threats return
Treasury yields rose as Trump’s renewed Iran threats pushed Brent above $82 and forced traders to price a tougher inflation and Fed path.