Section
Markets
Treasury yields fall as Iran deal cuts Fed hike odds
Treasury yields fell as the Iran deal cut oil-shock fears, lowered December Fed hike odds and pushed traders back into duration.
SpaceX (SPCX) shares jump 19% as Musk reaches $1tn
SpaceX shares jumped 19 per cent in their Nasdaq debut, lifting market value above $2.1tn and putting Elon Musk past $1tn.
Danantara bond sale raises $1.5bn after Indonesia rout
Danantara bond sale raised $1.5 billion, drawing orders even as Indonesia’s bonds, rupiah and policy mix stayed under pressure.
The 2026 Mega-IPO Wave Is Forcing a Rewrite of How Stock Indexes Work
SpaceX's $1.75T IPO and upcoming Anthropic and OpenAI listings are forcing Nasdaq-100 and Russell indexes to rewrite inclusion rules, triggering $22–27B in forced passive buying.
Hedge fund crowding raises forced-unwind risk after rout
Hedge fund crowding may turn Friday’s Nasdaq rout into a forced unwind as AI share supply tests Wall Street’s capacity for risk.
Indonesia rupiah slide tests credibility after 8% drop
Indonesia rupiah weakness has put officials' credibility on trial after an 8 per cent drop, a 39 per cent stock slide and fresh inflow pledges.
SpaceX IPO S&P 500 delay shifts $14bn flow trade
SpaceX IPO demand loses a near-term S&P 500 catalyst after S&P Dow Jones kept its 12-month seasoning rule, shifting the $14bn flow trade.
EchoStar stock becomes SpaceX IPO proxy after 60K options
EchoStar stock is turning into the SpaceX IPO proxy trade, with 60,000 options contracts and a nearly $50 million premium burst.
Mortgage hedging returns as 10-year yield tests 4.69%
Mortgage hedging is back in the Treasury market as higher yields extend MBS duration and risk amplifying the bond selloff.
Indonesia stocks hit five-year low as rupiah sets record
Indonesia stocks fell 5.2% and the rupiah hit a record low as oil-driven inflation pressure forced a harder EM rates trade.
China AI trade drains Hong Kong stocks’ flow lifeline
Hong Kong stocks are losing mainland capital as China’s AI trade pulls investors onshore and policy narrows offshore routes.
South Korea stock market tops India as chip rally hits $5tn
South Korea stock market value reached $5.01 trillion as chip heavyweights lifted Korea past India in the global equity rankings.
Yuan basket hits 2022 high as Asia haven flows build
Yuan basket strength is turning into an Asia haven trade as Iran-war risk reshapes flows and PBOC fixings signal comfort.
ASX shares near decade low as cost blowout resets value
ASX shares near a decade low after cost guidance and broker downgrades turned its technology rebuild into a valuation test.
Euronext data fees face pushback before October reset
Euronext data fees face a possible revision after banks and trading venues challenged October price changes tied to EU market-data rules.
Robinhood opens stock-trading rails to outside AI agents
Robinhood will let outside AI agents place equity orders now, with card purchases and crypto execution set to follow.
Korea's 100% stock rally is now testing the dotcom analogy
Korean stocks have doubled in 2026, but the Kospi's AI-fuelled surge now hinges on two chip names, labour tensions and a fragile memory cycle.
The ECB thinks markets are too calm for the risks ahead
ECB repricing warning points to stretched asset prices, rising bond risk and an Iran-war shock that markets may still be treating as manageable.
Memory chip rally puts SK Hynix, Micron in $1tn club
Memory chip rally sent SK Hynix and Micron above $1 trillion as AI demand made HBM supply look more like infrastructure scarcity than a commodity cycle.
China fines Futu, Tiger brokers in offshore trading crackdown
China's CSRC fined Futu 1.85bn yuan and sanctioned Tiger Brokers for illegally offering mainland investors access to overseas stocks, sending ADRs down over 40 per cent.
Taiwan overtakes India as fifth-largest stock market
Taiwan stock market value climbed to US$4.95 trillion on Monday, overtaking India as TSMC's AI-driven rally kept drawing global investor flows.
Yen carry trade risk rises as Stephen Jen sees rebound
Yen carry trade risk is rising as Stephen Jen, BofA and Japan's ¥11.73 trillion intervention point toward a stronger currency.
Treasury yields test Bessent as 10-year nears 4.7%
Treasury yields near 4.7 per cent are turning Scott Bessent's bond problem into a growth test for mortgages, credit and credibility.
Japanese retail traders hit 25% as AI rally feeds dark pools
Japan AI rally is pushing retail traders into dark pools as their share of stock turnover hits 25 per cent, complicating Tokyo price discovery.
Italian stocks hit 26-year record as energy, chips lead
Italian stocks hit a 26-year record as STMicroelectronics, Eni and Saipem extended a rally that has lifted Milan's FTSE MIB 11% in 2026.
