đšđŻđ”đ°đ· ASIAN MARKETS ARE MOVING HARD TODAY
Japanâs stock market has added roughly „20 trillion in market value as the positive reaction to yesterdayâs U.S. CPI data continues to spread across Asia.
And South Korea is seeing an even bigger move.
đ°đ· KOSPI +3.94%
Thatâs roughly â©220 trillion added to the market.
The interesting part here is that U.S. inflation came in basically as expected, which took some pressure off the idea of a more aggressive Fed.
Now investors are starting to price in a less hawkish path for U.S. rates â and thatâs giving risk assets across Asia some breathing room.
Japan, South Korea and other Asian markets are catching the move.
But Iâm watching one thing closely:
Can this rally actually hold after the initial CPI reaction fades?
A strong one-day move looks great on the screen, but the follow-through is what matters.
For now though, the message from Asian markets is pretty clear:
đ° Risk appetite is back.
đ Equities are catching a bid.
đșđž U.S. CPI has become the catalyst.
The Asian market rally is still running. đ
$BTC
$BNB
$ETH
Japanâs stock market has added roughly „20 trillion in market value as the positive reaction to yesterdayâs U.S. CPI data continues to spread across Asia.
And South Korea is seeing an even bigger move.
đ°đ· KOSPI +3.94%
Thatâs roughly â©220 trillion added to the market.
The interesting part here is that U.S. inflation came in basically as expected, which took some pressure off the idea of a more aggressive Fed.
Now investors are starting to price in a less hawkish path for U.S. rates â and thatâs giving risk assets across Asia some breathing room.
Japan, South Korea and other Asian markets are catching the move.
But Iâm watching one thing closely:
Can this rally actually hold after the initial CPI reaction fades?
A strong one-day move looks great on the screen, but the follow-through is what matters.
For now though, the message from Asian markets is pretty clear:
đ° Risk appetite is back.
đ Equities are catching a bid.
đșđž U.S. CPI has become the catalyst.
The Asian market rally is still running. đ
$BTC
$BNB
$ETH
