[MARKET UPDATE] Further selling in risk assets with Emini S&P (-1.0%) and Emini Nasdaq 100 (-1.7%) at fresh session lows, while Silver (-9.0%) and Gold (-2.4%) continue to retreat as the market rout rolls over to Asia-Pac
The notable decline in risk assets, particularly the Emini S&P and Nasdaq, coupled with a sharp retreat in precious metals like Gold and Silver, points to heightened risk aversion in the market.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology (3711 TT) Q4 (TWD) net 14.7bln (prev. 9.3bln Y/Y), rev. 177.9bln (prev. 162.3bln Y/Y)
China's Ministry of Agriculture issues implementation plan to advance rural revitalisation and agricultural modernisation
[MARKET UPDATE] Further selling in risk assets with Emini S&P (-1.0%) and Emini Nasdaq 100 (-1.7%) at fresh session lows, while Silver (-9.0%) and Gold (-2.4%) continue to retreat as the market rout rolls over to Asia-Pac
Senior South Korea official says expects progress in a few days regarding the North Korea issue, according to Yonhap
South Korean official says US is taking necessary steps regarding the issue of South Korea being on sensitive country lists, according to Yonhap
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This selling pressure may signal a broader bearish sentiment, likely driven by concerns around growth or macroeconomic stability. Traders should be wary of further volatility and consider implications for commodity-linked currencies and overall market sentiment as the Asia-Pac session unfolds.
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