[New York Market Watch]Markets Whipsaw on Powell Press Conference—Dollar Rallies, Bonds Fall, Equities Mixed

Markets swung sharply as the Federal Reserve cut rates by 25bp for the first time in nine months, signaling two more cuts this year; the dollar rebounded, bonds fell, and equities closed mixed after Powell’s cautious press conference.

[New York Market Watch]Oracle Soars as PPI Unexpectedly Falls—Stocks Mixed, Bonds and Dollar Gain

Oracle shares soared 36% on record backlog, while a surprise drop in US PPI eased inflation fears; stocks closed mixed, bonds and the dollar gained amid geopolitical tensions and strong Treasury demand.

'Short-Term Rates at 4%'—Korean Retail Investors' US Bond Purchases Already Near 90% of Last Year's Total

South Korean retail investors have already purchased nearly 90% of last year's total US bonds in 2025, driven by attractive short-term yields above 4% and a widening rate gap with domestic markets.

Bluesky