The Kospi Index jumped sharply on Monday as Asian stocks welcomed the new deal between the United States and Iran. It rose to 8,570 KRW, its highest point since June 4, and much higher than this month’s low of 7,373 KRW. South Korean stocks and bonds are jumping today The Kospi Index rose by over
Asia’s hedge fund winners are showing how the artificial intelligence trade has moved beyond the obvious US chip names and into a wider regional supply chain, where local managers have turned early bets on memory, optics and China’s model makers into outsized gains. Several Asia-focused funds more than doubled investor money in the first five
Gold’s latest rally is being driven less by panic and more by relief. Bullion advanced for a third session on Monday as investors reacted to a tentative US-Iran peace framework that could reopen the Strait of Hormuz, ease pressure on energy markets and soften the inflation shock that had recently weighed on the metal. Spot
Global stocks and cryptocurrencies are rallying today, with top Asian indices like the Nikkei 225, Kospi, and Topix jumping by over 5%, after the US and Iran confirmed that they had reached an agreement. The two sides, however, did not provide more details on the memorandum of understanding (MoU). This article looks at some of
Silver rallied sharply on Monday as investors moved back into precious metals after a tentative US-Iran peace framework eased fears of a prolonged energy shock. Spot silver rose 4% to about $70.80 an ounce in Asian trade, extending a rebound that had built as oil prices fell and the dollar weakened. The move came after
Bitcoin has climbed back above $65,000 after a US-Iran peace agreement eased one of the biggest macro risks that had weighed on crypto markets for months. According to US President Donald Trump, negotiations with Iran have concluded and resulted in an agreement that includes the immediate removal of the US Navy blockade and the reopening
The WTI crude oil price retreated sharply, reaching its lowest level since April, after the United States reached a ceasefire agreement with Iran. It sank to $80, down significantly from the year-to-date high of $119. Still, there is a risk that Israel will work to undermine the agreement and draw the US back to kinetic
The US dollar lost some of its haven appeal on Monday as investors treated a tentative US-Iran peace framework as a reason to move back into risk assets and reassess the inflation threat from oil. The dollar index touched its weakest level since June 5 before steadying around 99.55 in Asia. The euro rose to
The US–Iran agreement to reopen the Strait of Hormuz has eased immediate fears of supply disruption, but analysts warn it will take months before global oil and gas trade flows normalise. The deal, reached after weeks of escalating hostilities, is expected to reduce risks in one of the world’s most critical energy corridors. Yet shipowners,
Humanity Protocol’s H token has recovered more than 300% from its post-exploit low, reviving speculation over whether the digital identity project’s token can climb back above the $0.80 level reached before last week’s security breach. According to CoinGecko data, H fell from around $0.70 to below $0.10 between June 8 and June 9 after an