The U.S. said it will impose tariffs on Chinese legacy chips but delayed the move until June 2027, signalling a bid to ease trade tensions with Beijing while keeping enforcement options open following a Section 301 probe.
S&P 500 hits record 5300+ on strong GDP! Nvidia & Google flash buy signals. Traders eye further gains.
South Korea’s central bank said the National Pension Service has activated strategic FX hedging, adding a new institutional tool to manage won volatility and counter persistent currency weakness without direct market intervention.
Consumer sentiment plunges 28% as inflation stays high & unemployment hits 4.6%. 48% of Americans feel more financial stress.
Consumer confidence hits multi-month low as tariffs bite. Jobs & economy worries persist. Watch for market impact.
KRW jumps higher, Bank of Korea says NPS activated new strategic FX hedging
Cotton futures rally 40-45 pts on record export sales; managed money net short holds steady. Watch Cotlook A Index at 73.70 cents.
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