#asiamarkets

HSI hit a fresh 52-week low today as Asia-Pacific markets got wrecked across the board:

🇭🇰 HSI 23,321 (-1.88%) 🇰🇷 KOSPI 8,203 (-9.99%) 🇯🇵 Nikkei 69,788 (-3.55%) 🇨🇳 Shanghai 4,106 (-1.37%)

Korea literally dropped 10%. HSI touched 23,252 intraday — new 52-week floor. Property stocks led the decline, while AI plays held relatively firm.

One rule for days like this: a 52-week low is rarely the bottom — it's usually stop-loss cascades and margin calls cascading. Don't rush to catch the knife. Wait for the panic to settle and two consecutive green candles before committing capital.

Asia-Pacific markets surged on renewed optimism after the United States and Iran confirmed a preliminary peace framework, easing geopolitical tensions and boosting global risk sentiment. Japan’s Nikkei 225 soared 5.1% to a record 69,298, while South Korea’s Kospi jumped 5.7% and Australia’s ASX 200 gained 1.4%. The agreement, expected to be formally signed on June 19 in Bern, raised hopes for the reopening of the Strait of Hormuz, triggering a sharp decline in oil prices, with WTI crude falling 4.6% to $80.95. Investors are now focused on a pivotal week of central bank decisions, including the Bank of Japan’s widely expected rate hike to 1.00%, the RBA policy meeting, and the Federal Reserve’s upcoming decision. Meanwhile, copper remained near record highs on persistent supply constraints, while Bitcoin advanced to $65,805 as improving risk appetite lifted demand for digital assets. The combination of easing geopolitical risks, falling energy prices, and major policy announcements is expected to drive heightened volatility across equities, currencies, commodities, and cryptocurrencies throughout the week.

🇺🇸 Pimco: Trump’s unpredictability may fuel multiyear shift away from US assets. 🇯🇵 Takaichi’s election bet faces risks amid opposition merger talk. 🇯🇵 Japan PPI growth slows in December. 🇨🇳 PBOC cuts structural rates to boost targeted lending.

🇰🇷 Bank of Korea keeps policy rate unchanged. 🇦🇺 Australia’s inflation expectations ease in January. 🇬🇧 UK housing survey (Dec) signals softer sentiment. 🗓️ Event Risks: US import prices, manufacturing surveys, jobless claims & Fed speak. 📉 Full brief →

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