Bloomberg Asia Trade: US Tech Rebound, Yen at 40-Year Low, Fed Ruling
The Asia Trade segment covered overnight US tech gains lifting Asian equities, the yen hitting a 40-year low near 162 against the dollar with intervention risks, and South Korea's $880B+ AI and chip infrastructure push by Samsung and SK Hynix. It also addressed US Supreme Court denial of Trump's effort to remove Fed Governor Lisa Cook, oil price forecast cuts amid Iran Strait of Hormuz developments, and corporate news including a Super Micro investigation and Rocket Lab-Iridium deal. Guests included John Authers, Ruth Parson/Carson, Tom Kang of Counterpoint, Miniso USA CEO, and Bloomberg reporters analyzing market reactions, currency impacts, and economic data from Japan and Korea.
Source: Bloomberg Television