Asian Markets Rise Before US Jobs Report, Fed Comments Ease Rate-Hike Fears Asian equities moved higher on Friday as investors positioned themselves ahead of the crucial US August jobs report. The biggest shift came from Federal Reserve Governor Christopher Waller, whose comments reduced fears of an imminent US interest-rate hike and helped bonds recover, the US dollar weaken and the Japanese yen strengthen. 30-Second Market Snapshot 🇯🇵 Nikkei: +0.8% 🇨🇳 China blue chips: +1.0% 🇰🇷 Kospi: +1.1% 🌏 MSCI Asia ex-Japan: +1.0% 💵 US Dollar Index: 98.96 🇯🇵 USD/JPY: around 155.7 🥇 Gold: around US$4,470/oz 🛢️ Brent crude: around US$95.52/barrel 🇺🇸 US 2-Year Treasury Yield: 4.34% 🇺🇸 US 10-Year Treasury Yield: 4.76% Big Story Today Markets are becoming slightly less convinced that the Federal Reserve will raise interest rates in September. Fed Governor Christopher W...
The Nasdaq 100 is undergoing a major reshuffle, but the bigger story isn’t just who’s in or out. AI and Infrastructure Winners Enter the Index Nasdaq will add: Rocket Lab Astera Labs CoreWeave Nebius Teradyne What do these five companies have in common? They are all direct beneficiaries of the AI and next-generation tech boom . Common thread: All are tied to the AI ecosystem from chips, cloud, to infrastructure and even space technology. This reflects a clear shift: Markets are no longer just betting on AI leaders like Nvidia, they are moving deeper into the entire AI value chain . SpaceX IPO Signals the Next Wave SpaceX has completed a record US$75 billion IPO , and could be added to the index within weeks. This would further strengthen the Nasdaq 100’s exposure to: High-growth innovation sectors Capital-intensive future industries Old Economy and Slower Growers Exit To make room, Nasdaq removed: Charter Communications Cognizant Technology Solutions ...