Crude oil edged up on Jun 8 as Iran launched ballistic missiles at Israel, reigniting Middle East supply fears. Trump urged restraint, keeping de-escalation hopes alive. Gold extended losses after strong US jobs data dimmed rate-cut expectations. #CrudeOil#Gold#Commodities
Korea stock market triggered circuit breakers amid global selloff. USD/JPY approaching 160, raising intervention alert. Nikkei at 66,588 — key test ahead of US CPI on Wednesday. Japan 10Y JGB yield rose 5bp to 2.715%. #Nikkei#USDJPY
M8.2 earthquake struck Mindanao, Philippines this morning, triggering tsunami warnings as far as Japan. Nikkei starts the week under pressure after Nasdaq tumbled 4.2% on Friday. This week's focus: US CPI (Jun 10), JGB yield at 2.715% (up 5bp). #Nikkei#PhilippinesEarthquake
Crude oil fell on Hormuz Strait optimism. Trump signaled a deal on navigation resumption within a week. Gold rallied as US long-term rates fell, boosting interest-free asset https://t.co/V7YebWbcT5 ¥23,951(+228), Crude ¥87,030(-1,560). #Commodities#Gold#Oil
Nikkei 225 recovered sharply from a 1,400-point intraday plunge, closing just 0.3% lower. Kioxia surged ahead of investor briefing. SBG hit a record high as Arm Holdings rallied 15.7%. Mitsubishi Heavy slid to an 11-month low. #Nikkei#JapanStocks
US stocks hit records, Asia mixed on June 2
Nikkei 225 plunged 1.64% to 65,833 as 80% of Tokyo stocks declined. Shanghai Composite +0.66% to 4,140 on AI plays. S&P 500 and Nasdaq at all-time highs with NVIDIA leading the AI rally.
#Nikkei#ShanghaiComposite
💡 Semiconductor sector: Biggest beneficiary of AI arms race
Tokyo Electron (7735) equipment orders hit record highs. Montage Technology surged on AI chip demand. NVIDIA's world model launch brings physical AI closer. Kioxia market cap briefly topped 40T yen.
#Semiconductor#AI