KOSPI & Roger Bootle

KOSPI: South Korea's chipmaker-heavy KOSPI index rose, indicating that AI-related stocks are performing well despite broader market wobbles.

Roger Bootle: Roger Bootle, through its chief commodities economist David Oxley, provided an analysis suggesting oil prices will only trend lower when market fundamentals improve, likely stretching into 2027.

KOSPI: The KOSPI>>> has experienced fluctuations, initially supported by tech shares but later declining due to profit-taking and broader market concerns related to the US-Iran tensions.

Roger Bootle: Analysts at Roger Bootle warned about the rapid draining of global oil inventories due to the Strait of Hormuz closure and predicted high oil prices and inflation.

KOSPI: The KOSPI soared to an all-time high, driven by strong buying of technology shares like Samsung Electronics and SK Hynix, reflecting the significant positive impact of the AI boom and local corporate developments on the South Korean market.

Roger Bootle: Roger Bootle analysts provided commentary on Australia's jobless rate and its implications for the Australia — Reserve Bank of Australia's interest rate decisions.

KOSPI: The KOSPI jumped, catching up after a holiday, indicating a positive sentiment in South Korean markets despite the broader geopolitical concerns.

Roger Bootle: Analysts at Roger Bootle warned about the rapid draining of global oil inventories due to the Strait of Hormuz closure and predicted high oil prices and inflation.