Asian Markets
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Tailwind from Wall Street: Chip giants boost Asian stock exchanges
Globes presents the first update on the state of global markets. This morning: US Treasury measures support bonds and stocks against the backdrop of Trump's threats against Iran. Chip giants boost Asia, a green opening is expected on Wall Street. Fiscal pressure threatens the dollar. Also: JPMorgan recommends the communications sector.
Asian Markets Retreat Amid Oil Price Drop and Yen Strengthening
Following Donald Trump's announcement to cancel an attack on Iran, oil prices fell by over 5%. Asian stock markets are experiencing a negative trend, while the Japanese yen has strengthened following a coordinated intervention by Tokyo and Washington.
Asian Markets Rally Driven by Chip Manufacturers
Most Asian stock exchanges are recording gains following the positive trend on Wall Street. SK Hynix shares are up 25% and Samsung is up 20% following strong reports from major tech companies.