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***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) *** As always times are subject to change *** - 18:00 (NZ) New Zealand N.Z. Government 11-Month Financial Statements - 18:45 (NZ) New Zealand May Building Permits M/M: No est v 10.9% prior - 19:00 (KR) South
***General Trend and Developments*** -Overall Asian equities are again directionless ahead of the upcoming US-related events. Cautious start to the new quarter? - Disappointing PMIs seen throughout Asia [including China, Indonesia, Japan, South Korea, Taiwan, Vietnam]. The Chinese data was hurt by new export orders. -S
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its
European economic schedule for Thursday, June 25th, 2026, includes releases from Japan, Germany, France, and the US.
Asian markets experience volatility amid concerns over memory pricing power, leveraged retail investors, and currency fluctuations, with Kospi and Nikkei showing mixed performance
Hong Kong's May CPI composite rises 2.0% year-over-year, exceeding expectations of 1.9%