EUR/USD
1.13665
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Gold
4068.62
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72.240
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161.562
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1.31984
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213.241
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Real-time News
On June 24, the Bank of Korea reiterated its hawkish stance, stating that rising housing prices, expanding household debt, and increased leveraged investment could exacerbate financial imbalances, necessitating further interest rate hikes at an appropriate time. The Bank of Koreas semi-annual Financial Stability Report, released Wednesday, noted that despite increased domestic and international uncertainties, the South Korean financial system remained generally stable thanks to strong economic growth, resilient financial institutions, and sound external payments. However, the report warned that the risk of financial imbalances could further increase as housing prices in Seoul and surrounding areas accelerate and investors become increasingly reliant on leveraged asset purchases. Furthermore, while banks and other financial institutions maintain capital and liquidity buffers, credit risks for vulnerable borrowers and businesses continue to rise. The report stated, "The Bank of Korea will maintain the benchmark interest rate at 2.5% from the second half of 2025, but considering inflationary pressures, economic conditions, and financial stability risks, it believes it is necessary to raise the policy rate at an appropriate time."ASE (ASE): Many customers are following Nvidia (NVDA.O) and AMD (AMD.O) in expanding their investments in Taiwan.On June 24th, according to The Hill, "U.S. Treasury Secretary Scott Bessant called Commerce Secretary Howard Lutnik an idiot to his face during a dispute over a Ukrainian mineral deal." The report noted that the conflict stemmed from preparations for the rare earth metals deal with Ukraine. Lutnik accused Bessant of "sabotaging" the agreement, while Bessant called Lutniks proposal a "shit deal" and called him an "idiot" to his face. On April 30, 2025, the United States and Ukraine signed an agreement on Ukraines natural resources. Under the agreement, the United States has the right of first refusal to purchase minerals mined in Ukraine. The agreement stipulates the establishment of an investment fund in Ukraine, with both parties sharing management and funding responsibilities equally (50% each).Futures News, June 24th - According to foreign media reports, data released by the Petroleum Institute of Japan (PAJ) on Wednesday showed that as of the week ending June 20th, Japans commercial crude oil inventories were 9,757,338 kiloliters, an increase of 33,755 kiloliters from the previous weeks 9,723,583 kiloliters. Refinery operational capacity utilization was 80.3%, compared to 81.9% the previous week. Refinery design capacity utilization was 70.5%, unchanged from the previous week. Due to changes in Japans petroleum product supply structure, the Petroleum Institute of Japan has suspended the release of weekly inventory details for gasoline, jet fuel, kerosene, and diesel.On June 24th, SoftBank Group Chairman Masayoshi Son stated at the shareholders meeting that Arm (ARM.O), SoftBanks UK-based chip design company, will evolve from a chip designer to a chip provider, and will be directly involved in manufacturing. He predicted that "the future AI era will be CPU-centric," and emphasized that Arm "still has more than 10 times the growth potential." He also mentioned SoftBanks approximately 300 billion yen investment in Intel, saying that "it was initially met with criticism," but currently "its profits, calculated by market capitalization, have reached trillions of yen."
