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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6858.48
6858.48
6858.48
6894.88
6824.32
+12.98
+ 0.19%
--
DJI
Dow Jones Industrial Average
48382.38
48382.38
48382.38
48404.06
47853.04
+319.10
+ 0.66%
--
IXIC
NASDAQ Composite Index
23235.62
23235.62
23235.62
23585.96
23119.49
-6.37
-0.03%
--
USDX
US Dollar Index
98.140
98.220
98.140
98.190
97.830
+0.190
+ 0.19%
--
EURUSD
Euro / US Dollar
1.17195
1.17217
1.17195
1.17647
1.17131
-0.00258
-0.22%
--
GBPUSD
Pound Sterling / US Dollar
1.34498
1.34671
1.34498
1.35016
1.34339
-0.00223
-0.17%
--
XAUUSD
Gold / US Dollar
4332.37
4332.37
4332.37
4402.23
4309.78
+12.76
+ 0.30%
--
WTI
Light Sweet Crude Oil
57.205
57.234
57.205
57.790
56.489
-0.234
-0.41%
--

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[Aircraft Takeoffs And Landings Suspended At Multiple Airports Across Greece, Possibly Related To Radio Frequency Systems] CCTV Reporters Have Learned That On The Morning Of January 4th Local Time, Aircraft Takeoffs And Landings Were Suspended At Multiple Airports Across Greece, Including Athens Airport. Preliminary Investigations Indicate That The Incident May Be Related To The Radio Frequency Systems Of Some Regional Flight Control Centers

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North Korea: The Incident Is Another Example That Clearly Confirms Once Again The Rogue And Brutal Nature Of The USA

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North Korea: We Are Paying Attention To The Gravity Of The Present Venezuelan Situation Caused By The USA High-Handedness Act

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OPEC+ May Decide To Maintain Current Oil Production Levels At Its Meeting On Sunday

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Local Authorities: Israeli Forces Kill Three Palestinians In Gaza

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Russia's Defence Ministry Says It Has Gained Control Over Podoly Settlement In Ukraine's Kharkiv Region

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Swiss Police: Total Numer Of Dead Victims Now At 24

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One Killed, Two Injured In Ukraine's Drone Attack In Russia's Border Region

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[Colombia Requests UN And Regional Organization Meeting On Venezuela Situation] Angie Rodriguez, Chief Of Staff Of The Colombian Presidential Palace, Announced On The Evening Of March 3 That Colombia Has Requested An Emergency Meeting Of The United Nations Security Council On March 5 And Proposed A Special Meeting Of The Standing Council Of The Organization Of American States (OAS) To Address The Impact Of The Changing Situation In Venezuela On Regional Stability. Rodriguez Stated At A Press Conference That Evening In Cúcuta, A Border City Bordering Venezuela, That In Light Of The Escalating Situation In Venezuela, Colombia, In Addition To Pushing For The Aforementioned Meeting, Has Also Proposed A Meeting Of Foreign Ministers From The Community Of Latin American And Caribbean States (CELAC). Currently, Colombia Holds The Rotating Chairmanship Of CELAC

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[Colombia Strengthens Security Protection For President Petro] On January 3, Local Time, Colombian Defense Minister Pedro Sánchez Stated That In Response To Threats Made By The US President Against Colombian President Petro Petro, Security Protection For Petro Has Been Strengthened. Trump Had Accused Petro Of Drug Production That Day And Threatened Him To "watch Out." Sánchez Also Stated That 30,000 Public Security Personnel Have Been Deployed Along The Border With Venezuela, And The Border Will Not Be Closed

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[Belarusian And Russian Foreign Ministers Speak On Venezuelan Situation: Developments Are Worrying] The Belarusian State News Agency, Citing The Belarusian Foreign Ministry, Reported On January 3 That Belarusian Foreign Minister Ryzhenkov And Russian Foreign Minister Lavrov Spoke On The Situation In Venezuela. The Report Stated That Both Foreign Ministers Agreed That The Current Developments Are Particularly Worrying In The Context Of Regional And Global Security. This Situation Constitutes An Unacceptable Violation Of Fundamental Principles Of International Law. Both Sides Agreed To Closely Coordinate Actions In Important International Forums, Including The United Nations, To Swiftly Return The Situation To The Rule Of Law And Ensure A Comprehensive Assessment Of The Situation In Venezuela In Accordance With International Law

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Cctv: Ireland's Prime Minister Arrives In Beijing To Start Five Day Visit To China

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China's Foreign Ministry: China Calls On The USA To Ensure Maduro And His Wife's Personal Safety, Immediately Release Them And Resolve The Issue Through Dialogue

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China's Foreign Ministry: China Is Seriously Concerned About The USA' Forcible Control Of Venezuelan President Maduro And His Wife

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[Federal Reserve January Rate Cut Probability Is 16.6%] January 4Th, According To Cme'S "Fedwatch" Data, The Probability Of A 25 Basis Point Fed Rate Cut In January Is 16.6%, And The Probability Of Unchanged Rates Is 83.4%

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Venezuela's Maduro In Custody, Trump Says US Will Run The Country

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Chinese State Media: South Korean President Lee Arrives In Beijing For State Visit

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[South Korean Media: Lee Jae-myung Departs For China] According To The Latest Report From Yonhap News Agency On The 4th, South Korean President Lee Jae-myung Has Departed For China For A Four-day, Three-night State Visit. This Is Lee Jae-myung's First Visit To China Since Taking Office As South Korean President, And Also His First Overseas Trip In 2026. The Report Stated That Lee Jae-myung Was Seen Off By His Staff At Seoul Airport That Day And Boarded The Presidential Plane To Beijing Together With South Korean First Lady Kim Hye-kyung

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Maduro Is Out But His Top Allies Still Hold Power In Venezuela

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Duffy: US Restrictions On Caribbean Airspace To End At 0500 GMT

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Q&A with Experts
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    mukesh jha flag
    ALL TOPABAZZ I AM ENTER MARKET CREATE DIRECTION
    Jamolla flag
    john
    @johnStructurally maybe, tactically I’m fading emotional candles
    john flag
    Jamolla
    @JamollaThat’s risky when geopolitics override technicals
    Jamolla flag
    john
    @johnI think both matter, just on different timelines.
    mukesh jha flag
    NO MATTER ONLY FOR ENJOY TRADING CHART
    mukesh jha flag
    ALL TRADER ALL TIME TENSION WHY
    john flag
    Gold holding above key averages is already confirmation for me
    Jamolla flag
    USD reaction is interesting
    Jamolla flag
    strength but not panic-buying
    mukesh jha flag
    mukesh jha flag
    john flag
    Jamolla
    strength but not panic-buying
    @JamollaThis tells me this is risk-off, not crisis-off
    john flag
    Jamolla
    strength but not panic-buying
    @JamollaOr markets don’t believe follow-through yet
    Jamolla flag
    john
    @johnCredibility will be tested in the coming sessions
    john flag
    Jamolla
    @Jamolla for me gold pullbacks remain an opportunity to buy
    Jamolla flag
    john
    @johnI won’t buy gold at highs just because headlines sound scary
    john flag
    Jamolla
    @Jamolla this why am speaking about pullbacks
    Sanjeev Ku flag
    john
    Gold holding above key averages is already confirmation for me
    @john bro there is always many slip between cup and lip So dont't go to trade gold on Monday with preset mind Enough drama left in gold from CMP 4332
    john flag
    Sanjeev Ku
    @Sanjeev Ku very true bro,,,we know anything can happen in this market this why we always proceed carefully
    Jamolla flag
    This year bias matters here and geopolitics isn’t going away
    Type here...
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          The Nuclear Waste Problem Haunting UK Energy Expansion

          Samantha Luan

          Economic

          Forex

          Political

          Summary:

          One of the biggest hurdles to expanding the global nuclear power sector is the concern over how best to manage nuclear waste.

          ● Effective nuclear waste management is a critical global challenge, particularly for countries like the UK looking to expand their nuclear power sectors.

          ● The UK has a substantial amount of existing radioactive waste and is struggling to implement a long-term disposal solution, with the proposed underground geological disposal facility facing significant hurdles and cost concerns.

          ● Public and local community pushback against potential nuclear waste sites further complicates the development of new disposal facilities, making finding a solution an ongoing and difficult process.

          One of the biggest hurdles to expanding the global nuclear power sector is the concern over how best to manage nuclear waste.While some believe they have found sustainable solutions to dispose of nuclear waste, there is still widespread debate around how safe these methods are and the potential long-term impact of waste disposal and storage.In the United Kingdom, the government has put nuclear power back on the agenda, after decades with no new nuclear developments; however, managing nuclear waste continues to be a major barrier to development.

          Nuclear waste remains radioactive for around 10,000 years, meaning it is vital that governments dispose of all waste effectively to ensure people and the environment are kept safe in the long term.As more governments welcome a new nuclear era, they must address nuclear waste concerns and establish clear guidelines and regulations on disposal to ensure that all nuclear power companies adhere to strong safety standards and practices.

          There are three types of nuclear waste: low-, intermediate-, and high-level radioactive waste.Most of the waste produced at nuclear facilities is lightly contaminated, including items such as tools and work clothing, with a level of around 1 percent radioactivity.Meanwhile, spent fuel is an example of high-level waste, which contributes around 3 percent of the total volume of waste from nuclear energy production.However, this contains around 95 percent of the radioactivity, making adequate waste management of these products extremely important.

          In the U.K., the government continues to battle with how best to dispose of its nuclear waste, as it looks to expand the industry over the coming decades. The U.K. has 700,000 cubic metres of radioactive waste from its previous nuclear power activities, a figure that will grow as more nuclear projects come online. The government is now considering the development of a massive underground nuclear dump, known as a geological deposit facility (GDF), to safely dispose of the waste. While no site has been confirmed for development, it is expected to be developed in one of two potential sites in Cumbria, in the north of England.

          A U.K. Department for Energy Security and Net Zero spokesperson stated, “Constructing the UK’s first geological disposal facility will provide an internationally recognised safe and permanent disposal of the most hazardous radioactive waste.”They added, “Progress continues to be made in areas taking part in the siting process for this multibillion-pound facility, which would bring thousands of skilled jobs and economic growth to the local area.”

          However, the U.K. Treasury believes the government’s plan for the waste dump is “unachievable”, rating the project as “red”, or not possible, in a recent assessment. This means that, “There are major issues with project definition, schedule, budget, quality and/or benefits delivery, which at this stage do not appear to be manageable or resolvable. The project may need rescoping and/or its overall viability reassessed.” In addition, there are concerns over the projected project cost, which is expected to be anywhere up to $73 billion.Richard Outram, the secretary of Nuclear Free Local Authorities, explained, “The Nista red rating is hardly surprising. The GDF process is fraught with uncertainties, and the GDF ‘solution’ remains unproven and costly.”

          At present, the U.K. stores most of its nuclear waste at its Sellafield facility in Cumbria, which is viewed as one of the most complex and hazardous nuclear sites worldwide. However, with the planned decommissioning of several power plants and the development of new nuclear facilities, the government must address its imminent waste issue. This is a long-term problem, with it expected to take until 2150 to dispose of the country’s existing waste into a GDF, if one is developed, before disposing of new waste.

          In June, Lincolnshire County Council withdrew from being a potential site for the GDF after engaging with communities about the proposal. This is a common problem with developing nuclear waste sites, as the pushback in proposed waste regions often prevents development due to a not-in-my-backyard perspective from residents in the area. It is still unclear whether communities in Cumbria will hold a similar opinion. Corhyn Parr, the CEO of Nuclear Waste Services, said, “A GDF requires a suitable site and a willing community and will only be developed when both are in place.”

          Several countries around the globe are battling with how best to dispose of old and new nuclear waste, as a nuclear renaissance is starting to be seen, in line with global aims for a green transition. While nuclear power is now viewed as extremely safe and clean, there are pressing concerns around the adequate disposal of waste, which can be extremely harmful to human health and the environment if improperly managed, that must be rapidly addressed.

          Source: Zero Hedge

          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          New Thai Premier Discloses $124 Million Assets Including Jets

          Daniel Carter

          Political

          The former construction tycoon also listed 1.09 billion baht ($34.5 million) of cash and deposits in more than two dozen bank accounts among his assets worth 3.9 billion baht.
          Anutin, 58, disclosed his wealth to the National Anti-Corruption Commission as a requirement for government officials, and the agency made the record public on Tuesday.
          The leader of Bhumjaithai Party, the third largest in parliament, and champion of cannabis decriminalization policy has ascended to power after the Constitutional Court ex-premier Paetongtarn Shinawatra for ethical violations. He received the support of the People's Party, the largest bloc in parliament, in exchange for Anutin's commitment to dissolve parliament in four months to pave the way for a general election and a public referendum to amend the constitution.
          Anutin has investments of about 655 million baht and last year reported an income of more than 1.8 million baht, according to the document. Among his other assets are several deeds to land, four luxury cars, 22 watches, 24 amulets and 11 Benjarong porcelains dating back to the 13th century and initially made for royalty.
          Anutin's royalist credentials have boosted his standing, arguably even above the leaders of military-backed parties. While he insisted he did not play any role in last year's contest for a new Senate, about 75% of new senators are linked to him or Bhumjaithai, according to political analysts.

          Source: Bloomberg Europe

          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          U.S. Job Growth Revisions Expected to Show Sharp Downward Adjustments

          Gerik

          Economic

          Significant Downward Revision of Job Growth Expected

          The U.S. is poised to release a preliminary nonfarm payrolls benchmark estimate, with economists predicting a downward revision of up to 1 million jobs for the period from April 2024 to March 2025. This follows a disappointing jobs report for August, which showed nearly stagnant growth, and a contraction in June for the first time in 4.5 years. The revisions, based on Quarterly Census of Employment and Wages (QCEW) data, are expected to underscore a labor market slowdown that predates the economic impact of tariffs and immigration policies.
          This suggests a direct cause-and-effect relationship between structural shifts in the economy particularly automation and changes in labor supply and the weakening job market. The revisions signal that the labor market was already struggling before trade-related shocks and tightening immigration policies.

          Impact of Technological Change and Policy on Labor Demand

          Sung Won Sohn, an economist at Loyola Marymount University, attributed the slowdown in job growth to a combination of technological change, rising financing costs, and uncertain policy signals. The era of rapid job gains is over, Sohn said, and businesses are recalibrating to adapt to automation and artificial intelligence, which are reducing the demand for workers. This marks a gradual adjustment rather than a sudden collapse, with businesses responding to long-term trends in technological disruption.
          The effect of tariffs and immigration restrictions, which have reduced the labor supply, is now compounded by technological adoption in key industries, indicating a correlation between policy changes and labor market shifts.

          Revisions Highlight Weakness Before Tariff Impact

          If the final revisions come closer to the higher estimate of 1 million jobs lost, it would suggest that the labor market had already been nearly stalled in early 2025, well before President Trump’s tariff policies took full effect. According to Shruti Mishra of Bank of America Securities, the revisions will underscore how the labor market was underperforming even before the economic uncertainties sparked by the trade war.
          The significant downgrades, particularly to the May and June employment numbers, have already caused friction with President Trump, who has accused the Bureau of Labor Statistics (BLS) of falsifying data.

          Monetary Policy and Economic Reactions

          Despite the downward revision, economists do not expect significant changes to monetary policy in the short term. The Federal Reserve is expected to proceed with its rate-cutting cycle next Wednesday, following its January pause. The expectation of rate cuts remains strong, particularly after weaker jobs data raised concerns about a slowing labor market.
          However, concerns have arisen around the BLS's "birth-and-death" model, which is used to estimate job changes from businesses not included in the CES survey. This model has historically overestimated job growth, and the recent decline in the rate of new business openings could suggest further inaccuracies.
          The upcoming revisions to U.S. job data signal a marked slowdown in the labor market that predates President Trump’s tariff and immigration policies. While the impact of these policies is still unfolding, the revisions suggest a deeper, longer-term issue in the labor market, exacerbated by technological change and political uncertainty. The adjustments may not only shape future policy decisions but also underscore the evolving challenges facing both businesses and workers in the U.S. economy.

          Source: Reuters

          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          US Dollar Index (DXY) Drops To 7-Week Low Ahead Of Key Inflation Data

          FXOpen

          Forex

          Technical Analysis

          Economic

          As the US Dollar Index (DXY) chart shows, the value of the USD against a basket of other currencies has fallen below 97.30 – its lowest level since late July.

          The reasons lie in market sentiment ahead of major data releases:

          → On Wednesday at 15:30 GMT+3, Producer Price Index (PPI) figures will be published; a month ago they came in extremely high.

          → On Thursday at 15:30 GMT+3, Consumer Price Index (CPI) figures are due.

          These releases are particularly significant as next week the Federal Reserve is set to announce its decision on interest rates – a 25-basis-point cut is widely expected.

          US Dollar Index (DXY) Drops To 7-Week Low Ahead Of Key Inflation Data_1

          Technical Analysis of the DXY Chart

          On 18 August, we identified a descending channel (shown in red) based on a sequence of lower highs and lower lows → it remains valid.

          In addition, our base scenario suggested that the index might test one of the quartile lines (QL and/or QH) dividing the channel → indeed, since then the QH line has been tested several times (red arrow), convincingly acting as resistance.

          What Next?

          Bearish case:

          → Lower highs and lows throughout the second half of August indicate that sellers are in control of the DXY market.

          → The black arrow marks bearish momentum that broke through support at 98.05 last week.

          → The drop was sharp (a sign of imbalance in favour of sellers), and yesterday the 98.05 level acted as resistance.

          Bullish case:

          → The DXY has dropped into the median zone, where supply and demand often balance. Buyers may step in, viewing current levels as attractive for entry.

          → The RSI may potentially form a bullish divergence.

          → The latest candle on the right shows a long lower wick (a bullish pin bar pattern), underlining buyers’ determination.

          Given the above, we could expect the DXY to hover around the median area. However, the upcoming US inflation reports could trigger volatility across financial markets. A test of support at 97.15 could occur.

          Source: FXOpen

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          Risk Warnings and Disclaimers
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          U.S. Tariffs Threaten Global Petrochemical Trade With Deeper Declines

          Gerik

          Economic

          Tariffs Intensify Industry Strains

          According to Ganesh Gopalakrishnan, head of petrochemical trading at TotalEnergies, U.S. tariffs are worsening an already fragile environment in the global petrochemicals sector. The industry has faced a 34% fall in trade volumes over the last five years due to overcapacity, and tariffs could cause an additional 15% decline if they remain in place. The causal relationship is direct: higher tariffs restrict cross-border flows, pushing companies toward domestic production and undermining the viability of international trading houses.
          Trading firms without significant asset ownership face the greatest difficulty. Overcapacity has eroded margins, leaving pure traders vulnerable. With tariffs restricting market access, these firms are increasingly squeezed out of the supply chain. The combination of structural oversupply and policy-driven barriers represents a double bind, weakening the competitive landscape.

          Protectionism and Market Displacement

          Industry executives also noted that tariffs are fostering protectionist policies worldwide. Sanjiv Vasudeva of Haldia Petrochemicals highlighted that volatility and overcapacity are complicating investment planning. Meanwhile, Petronas Chemicals’ Bahrin Asmawi stressed that tariffs are pushing surplus Chinese products into Southeast Asian markets, displacing traditional suppliers. This illustrates a cause-and-effect outcome: restrictions on U.S.-bound exports force Chinese producers to redirect supply, intensifying competition in alternative regions.
          Despite the broader downturn, India’s petrochemical consumption remains a rare growth area. Vasudeva pointed out that demand growth in India has been stable, providing some relief to producers seeking to offset weaker global trade flows. This represents a correlation rather than a systemic solution: Indian growth helps mitigate losses but is not large enough to reverse global contraction.
          The petrochemicals sector remains under pressure from structural overcapacity, weak global demand, and policy-induced barriers. U.S. tariffs, in particular, are amplifying these strains by directly suppressing trade flows and indirectly fostering protectionism and supply redirection. While India’s consumption offers a modest cushion, executives caution that without policy adjustments, the industry could face a prolonged period of volatility and declining profitability. The global petrochemical trade, once a cornerstone of industrial growth, now risks further contraction as tariffs reshape market dynamics.

          Source: Reuters

          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          US, South Korea In Deadlock Over $350 Billion Investment Fund

          Daniel Carter

          Economic

          The US and South Korea are in a deadlock over details of a $350 billion investment fund the two countries agreed to as part of a broader trade deal, with a top Seoul official warning that even the shipbuilding partnership is at risk if they fail to narrow the differences.
          Speaking at a forum on Tuesday, Kim Yong-beom, director of national policy at South Korea's presidential office, said Seoul has been emphasizing to US officials that it cannot accept the same terms as Japan's $550 billion investment pledge finalized last week, citing the disparity in the size of the two economies and the potential repercussions on the foreign exchange market.
          "Without an agreement, it will be difficult for the MASGA project to even get off the ground," Kim said, referring to Make American Shipbuilding Great Again, a term Seoul coined for reviving the US shipbuilding sector. Kim said the US had presented South Korea with a draft similar to the one Japan accepted, but Seoul has maintained it cannot agree to those terms.
          "The circumstances facing South Korea and Japan are fundamentally different," Kim said, pointing to Japan's currency swap arrangements and the yen's role as a reserve currency.
          While it's important to determine who makes the fund's investment decisions and how the profits are shared, the more pressing issue for South Korea is figuring out how to secure and manage $350 billion from the foreign exchange market, he said.
          The $350 billion fund is a central pillar of the trade deal that preserved a 15% tariff on imports from South Korea, but the two countries remain divided over how the fund will operate. Kim said last month that the investment pledge would be structured mainly as loan guarantees rather than direct capital injections.
          The deadlock comes amid other points of tension between the two nations. The detention of hundreds of South Koreans in a US immigration raid on a Hyundai Motor Co.-LG Energy Solution Ltd. battery plant in the state of Georgia threatens to make Korean companies more reluctant to invest in the US even as they are encouraged to do so as part of the trade deal.
          Last week, President Donald Trump finally signed an executive order implementing his trade agreement with Japan, with a maximum 15% tariff on most of its products.
          The deal, including the investment pledge, was struck in July. But it has taken weeks to be formalized as Washington and Tokyo haggled over its terms. A memorandum of understanding detailing the funding pledge showed that Japanese imports may face higher tariffs if the country doesn't fund Trump's selected investments.
          Trump has yet to sign an executive order to lower auto tariffs for South Korea as agreed, so the two countries have also been holding working-level talks to follow up on their July deal.
          "The auto industry is important, and narrowing tariff differences is also important, but a figure of $350 billion could deal too great a shock to our entire economy that we cannot rush just to secure a tariff reduction in the auto sector," he said.

          Source: Bloomberg Europe

          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Asian Stocks Edge Higher as Fed Cut Bets Drive Global Optimism

          Gerik

          Economic

          Stocks

          Asian Markets Track Wall Street Gains

          Investor sentiment in Asia mirrored Wall Street’s optimism, with most regional benchmarks advancing. Japan’s Nikkei 225 gained 0.3% to 43,763.96, South Korea’s Kospi climbed 0.6% to 3,238.07, Hong Kong’s Hang Seng surged 1.2% to 25,949.48, and the Shanghai Composite added 0.1% to 3,831.45. Australia’s S&P/ASX 200 was the notable outlier, slipping 0.5% to 8,806.60.
          The causal driver was clear: expectations of multiple Fed rate cuts before year-end. Markets are now pricing in nearly three reductions, transforming policy speculation into a global equity catalyst. As Stephen Innes of SPI Asset Management observed, optimism about Fed easing is “washing through global markets like a spring tide.”

          Wall Street Rally Lends Momentum

          On Wall Street, the S&P 500 rose 0.2% to 6,495.15, just shy of last week’s record, while the Dow added 114 points (0.3%) and the Nasdaq advanced 0.5% to a fresh all-time high of 21,798.70. Tech-linked stocks drove much of the move.
          Robinhood and AppLovin surged 15.8% and 11.6% respectively after being added to the S&P 500, while Emcor dipped 0.6% despite also joining the index. Index reshuffling created a correlation-based flow effect: passive investment funds benchmarked to the S&P 500 boosted demand for entrants while pressuring demoted firms like MarketAxess, Caesars, and Enphase.
          Elsewhere, EchoStar soared nearly 20% after striking a $17 billion spectrum deal with Elon Musk’s SpaceX, which also agreed to shoulder $2 billion in interest payments. The news weighed on traditional telecoms, with Verizon and AT&T down more than 2%.

          Fed Policy in Focus Ahead of Data Releases

          Markets are universally betting that the Fed will cut rates at its September meeting, with debate now centered on the size of the move. Weakening U.S. labor market data has shifted attention from tariff-driven inflation fears to the risk of slowing employment.
          A series of upcoming reports jobs revisions Tuesday, wholesale prices Wednesday, and consumer inflation Thursday will shape expectations. The relationship is cause-and-effect: softer labor or inflation data increases the likelihood of deeper cuts, while stronger price pressures could constrain the Fed’s hand.
          Treasury yields reflected this dynamic, with the 10-year note yield falling to 4.04% from 4.10% Friday and 4.28% a week ago, underscoring markets’ conviction in looser monetary policy.

          Commodities and Currencies React

          Oil prices extended modest gains, with U.S. crude at $62.51 per barrel and Brent crude at $66.29. The moves were tied to expectations that stronger global demand would accompany monetary easing.
          In currencies, the U.S. dollar weakened to 147.24 yen from 147.51, while the euro firmed to $1.1780 from $1.1765. Dollar weakness here is directly tied to rate-cut expectations: lower yields reduce dollar demand, creating space for other majors to strengthen.
          Asian and global markets are being steered less by political noise and more by the near-certainty of U.S. monetary easing. While inflation remains a potential constraint and President Trump’s tariff policies continue to cloud outlooks, investors are focused on liquidity conditions. With Wall Street pushing record highs and Treasury yields falling, the balance of risks suggests markets expect the Fed to prioritize growth support over inflation containment in the months ahead.

          Source: AP

          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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