The dollar-won exchange rate surged past 1,430 in overnight trading, closing near 1,434 won as risk aversion intensified amid a broad U.S. stock selloff, with volatility reaching its highest level since February.
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Dollar-Won Surges Past 1,430 in Overnight Trading—Risk Aversion Drives Sharp Jump of Over 10 Won
The dollar-won exchange rate surged past 1,430 in overnight trading, closing near 1,434 won as risk aversion intensified amid a broad U.S. stock selloff, with volatility reaching its highest level since February.
NDF Falls to 1,463.30/1,463.70 Won—Down 4.55 Won
The one-month dollar-won NDF fell to 1,463.50 won in New York, down 4.55 won from Seoul's spot close, as risk appetite returned and U.S. equities surged to record highs.
U.S. President Donald Trump has abruptly canceled planned tariffs on eight European countries just days after announcing them, following strong EU opposition and market turmoil, in a move that reinforced the "Trump Always Chickens Out" (TACO) narrative among investors.
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Trump Abruptly Cancels Greenland Tariffs—‘TACO’ Strikes Again (Update) - Yonhap Infomax
U.S. President Donald Trump has abruptly canceled planned tariffs on eight European countr
KOSPI Surges Past 4,800 for First Time Ever—Samsung Life Soars
South Korea's KOSPI index broke the 4,800 mark for the first time ever, driven by gains in Samsung Electronics and Samsung Life, amid strong global risk appetite and robust AI chip demand.
[New York Stock Market - First Report]Nvidia Closes in on $5 Trillion Market Cap as Shares Rally
Nvidia shares soared over 5%, driving U.S. stock indices higher as the company neared a $5 trillion market cap and dismissed concerns of an AI bubble.
South Korea's KOSPI index hit a new all-time high for the third straight session, tracking record gains on Wall Street, with SK hynix surging over 5% on AI memory news and investors eyeing the 3,400 level amid continued Fed rate cut expectations.
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KOSPI Hits Record High for Third Straight Session, Tracking US Market Rally—Eyes 3,400 Mark at Open
South Korea's KOSPI index hit a new all-time high for the third straight session, tracking record gains on Wall Street, with SK hynix surging over 5% on AI memory news and investors eyeing the 3,400 level amid continued Fed rate cut expectations.
All three major US stock indices closed lower as investors turned cautious ahead of the CPI release, with the dollar and oil prices edging higher and Micron Technology rallying on improved guidance.
#YonhapInfomax #CPI #MicronTechnology #USStockIndices #DollarIndex #WTICrudeOil #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=76608
[New York Market Briefing](12th)
All three major US stock indices closed lower as investors turned cautious ahead of the CPI release, with the dollar and oil prices edging higher and Micron Technology rallying on improved guidance.
[New York Stock Market - First Report]Profit-Taking Follows Microsoft’s $4 Trillion Market Cap Milestone—Wall Street Ends Lower
U.S. stocks closed lower as profit-taking followed Microsoft’s $4 trillion market cap milestone, with risk-off sentiment intensifying after Trump’s executive order on drug prices.
[New York Stock Market - First Report]Canadian Tariff Shock Triggers Broad Market Decline—Major US Indices End Lower
US stocks closed lower as President Trump's announcement of a 35% tariff on Canadian imports fueled risk aversion, though losses narrowed on hopes for negotiations.
US Stock Indices Turn Lower Following Iranian Attack on US Military Base
US stock indices reversed course and declined after reports of an Iranian attack on a US military base, heightening geopolitical tensions and rattling global markets.
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