Market Update

Key Takeaways KOSPI surges 8%: South Korea’s index led Asia on massive chipmaking stock recoveries. Nikkei jumps 3.5%: Japanese tech and chip names rebounded sharply from recent heavy losses. TOPIX rises 1.7%: Broader Japanese gains ahead of next week’s BOJ meeting. Trump touts weekend deal: The president said an Iran …

Gold prices staged a rebound on Thursday after falling to their lowest level in six months, as renewed geopolitical tensions in the Middle East revived demand for safe-haven assets.The precious metal recovered from an earlier selloff as investors reacted to escalating hostilities between the United States and Iran. Growing uncertainty …

European stock markets closed mostly higher on Thursday after European Central Bank President Christine Lagarde and policymakers delivered another interest-rate increase, reinforcing their commitment to fighting inflation despite growing economic and geopolitical challenges.The move signaled that the ECB remains concerned about the inflationary impact of rising energy costs and ongoing …

Oil prices moved lower on Thursday as investors took profits following a sharp rally fueled by tensions in the Middle East. Despite ongoing military threats and elevated geopolitical uncertainty, growing optimism that diplomatic channels remain open between the United States and Iran helped calm fears of an immediate disruption to …

The Bank of Japan is preparing for one of its most closely watched policy meetings in years, with financial markets almost fully convinced that policymakers will raise interest rates for the first time to levels not seen in decades. While the expected rate increase has largely been priced into markets, …

Key Takeaways ECB raises rates: The deposit rate was lifted to 2.25% from 2% — the first increase in almost three years — in line with expectations. Iran war the trigger: A spike in energy prices driven by the Middle East conflict is the primary force behind the policy shift. …

Key Takeaways Bitcoin recovers: The world’s largest crypto rose 2.2% to $62,673.7, bouncing from last week’s $59,000 low. U.S. ends latest strikes: The military signaled it had concluded its latest round of attacks on Iran, spurring de-escalation hopes. Trump’s ultimatum: The president threatened more attacks if Tehran did not immediately …

Key Takeaways Broad recovery: The Stoxx 600 rose 0.6% after hitting a three-week low Wednesday; FTSE 100 gained 0.7%, Italy’s MIB jumped 1.1%, Germany’s DAX was flat near three-week lows. Buy-the-dip mentality intact: “Each pullback over the past week has attracted fresh demand, preventing a deeper correction from taking hold,” …

Key Takeaways Oil retreats: Brent fell 1.4% to $91.76 per barrel, while WTI dropped 1.3% to $88.88 — erasing earlier gains of more than 2%. Prior session’s gains unwound: Both contracts had settled nearly 2% higher Wednesday before Thursday’s reversal. Talks continue despite strikes: CNN reported the U.S. and Iran …

Key Takeaways Gold recovers from 6-month low: Spot gold rose 0.6% to $4,093.35 per ounce after touching $4,023.96 — its weakest since late November. Gold futures dip: U.S. gold futures fell 0.5% to $4,114.25 amid higher-for-longer rate expectations. Prior session’s 4%+ crash: Wednesday’s severe selloff preceded Thursday’s tentative bounce. U.S. …