[MARKET UPDATE] KOSPI opens +1.5%, Japanese markets closed for holiday; Overall mood in APAC positive thus far; US equity futures remain softer across the board (ES -0.2%, NQ -0.3%)
The KOSPI's 1.5% opening gain underscores a positive sentiment in the Asia-Pacific region, likely driven by global risk-on appetite, although the closure of Japanese markets may limit broader participation today.
[MARKET UPDATE] USD/JPY gradually dips under 158.00 (vs high 158.21), with some participants on intervention watch around these levels. Note: Japan is also on holiday, thus volumes from the region likely lower
[MARKET UPDATE] Spot XAU breaks to a new ATH, currently at USD 4554/oz, amid tensions in Iran and recent US data
[MARKET UPDATE] KOSPI opens +1.5%, Japanese markets closed for holiday; Overall mood in APAC positive thus far; US equity futures remain softer across the board (ES -0.2%, NQ -0.3%)
White House Press Secretary Leavitt says President Trump has no set timeline for acquiring Greenland
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japan closed for holiday
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However, the underperformance in US equity futures suggests that this bullish momentum could be tempered as the day progresses, indicating potential caution among investors ahead of upcoming data or events.
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