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Quick Summary Asian equities extended gains  after a tech-led rebound on Wall Street Nasdaq 100 rose 1.1% , easing weeks of AI-related volatility South Korea hits record highs, best-performing market globally Focus now shifts to  Nvidia earnings , a key AI sentiment driver Asia Builds on US Tech Momentum Asian markets opened higher after US software and semiconductor stocks rebounded from the recent “AI scare trade.” MSCI Asia-Pacific Index:  Up for a third straight session Japan, South Korea, Australia:  Opened higher South Korea’s Kospi:  Up to 1.2%, extending a  43% gain this year  — world’s best-performing stock market Key point:  Asia continues to outperform global peers and has largely avoided the sharp tech sell-offs seen in the US. Wall Street Recap: Software Bounce The rally was led by: Nasdaq 100:  +1.1% S&P 500:  Higher Strength in battered software names Sentiment improved after  Anthropic  signalled its AI chat...

Asian markets opened cautiously on Monday as investors grappled with renewed uncertainty over US tariffs, while all eyes turn to  NVIDIA  earnings — a key test for the global AI rally. Tariff Chaos Clouds Outlook Markets were rattled after the  US Supreme Court struck down emergency tariffs  imposed by  Donald Trump , prompting the White House to announce: A new  10% global tariff Then a surprise increase to  15% It remains unclear: When tariffs take effect Which countries are excluded Whether all nations face the 15% rate Key issue: Policy unpredictability is reviving “sell America” sentiment. Market Snapshot MSCI Asia-Pacific ex-Japan:  +0.5% (thin trade) South Korea:  +2.0% (after +5.5% last week to record highs) S&P 500 futures:  -0.3% Nasdaq futures:  -0.4% Japan markets were closed for a holiday. Nvidia Earnings: AI Sentiment at Risk Nvidia, which accounts for  ~8% of the S&P 500 , is expected to report: EPS forec...

Asian equities advanced on Monday, led by Chinese stocks, as investors positioned for a dovish US Federal Reserve pivot and awaited  Nvidia’s earnings  later this week — a key test for lofty AI-driven valuations. The  MSCI Asia-Pacific ex-Japan Index  rose  1.5% , with  Chinese blue chips up 1.4%  to their highest since mid-2022. The rally in China has pushed the index almost  10% higher in August , despite persistent weakness in domestic demand and corporate pricing power, highlighting the liquidity-fuelled nature of gains. Elsewhere, Japan’s  Nikkei gained 0.4% , South Korea climbed  1.1% , and Australia added  0.2% . Fed Pivot Drives Sentiment Federal Reserve Chair  Jerome Powell ’s speech at Jackson Hole bolstered expectations of monetary easing: Futures now price an  84% probability  of a  25bps cut in September , with at least  100bps of cumulative cuts by mid-2026 . The dovish tilt pressured Treasury ...

Market Overview US equity futures bounced back on Wednesday , as investors  shifted focus to Nvidia's highly anticipated Q4 earnings  and  evaluated the impact of Trump’s evolving trade policies . The rebound follows a volatile session , where major indices  extended their declines  amid concerns over  rising tariffs and inflationary risks . Nvidia Earnings in Focus Nvidia (NVDA) , a  key driver of AI sector growth , is set to  report earnings later today . Key expectations : Revenue surge fueled by AI demand Guidance on next-gen GPU launches Competition with China's DeepSeek and regulatory challenges Investors will assess CEO Jensen Huang's comments on AI infrastructure and potential market risks . Tech Stock Movers Super Micro Computer (SMCI)  and  Palantir (PLTR)  saw  pre-market gains , reflecting  positive sentiment toward AI-linked stocks . Tesla (TSLA) continued its slide , with Elon Musk’s wealth  taking a maj...

Market Rally Driven by Trump’s Tax Cuts & Economic Optimism Global stocks surged  after  House Republicans approved President Trump’s $4.5 trillion tax-cut plan . U.S. stock futures rebounded , with  Nasdaq futures up 0.8%  and  S&P 500 futures gaining 0.5% . European stocks climbed for the second day , with  STOXX 600 up 0.7% , and blue-chip indexes in  Frankfurt, Paris, and London rising between 0.7% and 1.1% . Treasury Yields & Fed Rate Expectations U.S. Treasury yields edged higher : 10-year yield rose to 4.311%  after dropping 10 basis points on Tuesday. 2-year yield increased by 2 basis points to 4.112% . Investors anticipate more debt issuance and at least two Fed rate cuts this year  due to slowing U.S. economic data. U.S. consumer confidence fell at its sharpest pace in 3.5 years , fueling  expectations of a dovish Fed policy. Dollar, Commodities, and Market Trends The dollar index gained 0.2% , recovering from a two...

  Chinese & Asian Markets Overview Mainland China & Hong Kong stocks rebounded , with  Chinese tech stocks up over 2% , led by  Alibaba & JD.com . Asian markets traded mixed , reflecting  uncertainty in the U.S. economy  after weak consumer confidence data. Optimism in Chinese stocks persists , driven by  AI advancements and President Xi Jinping’s engagement with corporate leaders . Market Factors to Watch U.S.-China Trade Tensions:  Trump's policies to  decouple economic ties  have unsettled global investors. Upcoming China Policy Meetings:  Investors are watching for potential  policy shifts or economic support measures . U.S. Fed Interest Rate Cuts:  Markets are pricing in  two rate cuts in 2025 , as Treasury yields  hit mid-December lows . Global Market Reactions U.S. Markets: S&P 500 futures up 0.2%  after a four-day losing streak. Nvidia (NVDA) earnings on Wednesday  could be a key driv...

  Key Market Movements Nasdaq Composite (-1.35%)  fell sharply, dragged by tech stocks. S&P 500 (-0.41%)  recorded its fourth straight losing session. Dow Jones (+0.37%)  ended higher, bucking the broader downtrend. Major Stock & Crypto Updates Tesla (TSLA) plunged over 9%, bringing its market cap below $1 trillion. Solventum (SOLV) soared 10%  after Thermo Fisher Scientific (TMO) announced a  $4.1 billion acquisition  of its purification and filtration unit. Bitcoin dropped to $87,000 , a three-month low, as the crypto market saw an  overall 10% decline . VIX spiked to 21.28 , the highest since Jan. 27, indicating growing market volatility. Bond Market & Earnings Watch 10-year Treasury yield fell below 4.3% , its lowest level since December, signaling recession fears. Upcoming Earnings: After the bell:  Intuit (INTU), CAVA Group (CAVA), Maplebear (CART), Workday (WDAY). Wednesday:  Nvidia (NVDA) earnings—market watchers anti...