Macro update<\/p>\n
Asian equities edge higher despite geopolitical uncertainty: MSCI\u2019s Asia-Pacific index excluding Japan gained 0.4% after a volatile session, as enthusiasm surrounding AI-related stocks helped offset concerns about the stability of the Middle East ceasefire. Strength in Chinese and Hong Kong markets provided support for the broader regional benchmark.<\/p>\n
Nikkei pulls back from record levels: Japan\u2019s benchmark fell 1.46% after reaching a fresh all-time high, with investors turning more cautious amid uncertainty surrounding Middle East negotiations and higher oil prices. AI-focused stocks, including SoftBank and Fujikura, were among the notable decliners.<\/p>\n
Oil eases as traders assess conflicting developments: Brent crude slipped to $93.50 per barrel after comments suggesting US-Iran discussions remain ongoing. However, reports that Tehran had paused indirect negotiations continued to cloud the outlook for the Strait of Hormuz and global energy supplies.<\/p>\n
Dollar remains rangebound: The dollar index was little changed as markets awaited clearer signs of progress in ceasefire negotiations. Meanwhile, the yen weakened toward 159 per dollar, renewing speculation that Japanese authorities could intervene in currency markets.<\/p>\n
South Korean markets and inflation draw attention: The Kospi retreated from record highs after sharp swings in major technology names such as Samsung and SK Hynix. At the same time, South Korean inflation accelerated to its highest level in more than two years, strengthening expectations of an interest rate increase in the coming months.<\/p>\n
Anthropic moves toward a public listing: AI company Anthropic has confidentially filed for a US initial public offering, moving ahead of rival OpenAI in the race to reach public markets. The company\u2019s valuation has climbed sharply following a major funding round completed in late May.<\/p>\n","protected":false},"excerpt":{"rendered":"Macro update Asian equities edge higher despite geopolitical uncertainty: MSCI\u2019s Asia-Pacific index excluding Japan gained 0.4% after a…\n","protected":false},"author":2,"featured_media":472393,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-472392","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/472392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=472392"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/472392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/472393"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=472392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=472392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=472392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}