[MARKET UPDATE] KOSPI reverses earlier gains, now down 1.1%, weighed on losses in the tech sector (Samsung -2.3%, SK Hynix -2%)
The KOSPI's reversal into negative territory, now down 1.1%, highlights market sensitivity, particularly in the tech sector with notable losses from Samsung and SK Hynix.
Banks in China are said to offer cheaper loans on a structural rate cut and also offer higher limits and longer loan tenors
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS
[MARKET UPDATE] KOSPI reverses earlier gains, now down 1.1%, weighed on losses in the tech sector (Samsung -2.3%, SK Hynix -2%)
PBoC is expected to set USD/CNY mid-point at 6.9576 (prev. 7.0051)
Citi sees the potential of 3 rate hikes in 2026 by the BoJ if JPY weakness continues
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This shift could indicate broader concerns over tech valuations or sector-specific issues affecting investor sentiment, and it might prompt traders to reassess their positions, especially those tied to Asian markets and tech stocks.
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks followed suit to the downbeat global risk appetite after oil prices surged and yields climbed amid the geopolitical escalation in the Middle East2 days ago
- [MARKET ANALYSIS] DXY takes a breather after recent advances, while the attention turns to US CPI2 days ago
- [MARKET ANALYSIS] Treasuries remained subdued after sliding yesterday and with the 10yr yield nearing 5% after oil surged2 days ago
- [MARKET ANALYSIS] Oil prices paused overnight after surging again yesterday as escalation between Saudi and Houthis threatens shipping in the Bab al-Mandab 2 days ago
- [MARKET UPDATE]: Crude rallies, weighing on stocks and T-notes, supporting the dollar on little fresh news but does follow Iranian media echoing earlier reports about Houthis and Bab al-Mandab Strait3 days ago
- Newsquawk Weekly US Earnings Estimates: 14-18th September 2026: LEN the only earning all week1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- JPMorgan revises Fed forecast and now sees hikes in September and December1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- Newsquawk Daily Economic Releases - 14th September 20262 days ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside2 days ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- US PREMARKET MOVERS: ORCL, ADBE, ACVA, KR, RH, CELH, GME, NVO, SMR2 days ago
The whole workspace, free to try.
Try it free