Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Thursday Jul 16 2026 03:53
1 min
Asian markets closed the week on a turbulent note. South Korea's Kospi slid as much as 7.3% on Thursday, with SK Hynix and Samsung Electronics leading losses just a day after a near-7% rebound — extreme swings that regulators now link to single-stock leveraged ETFs, with new measures expected soon. Selling pressure was amplified ahead of Friday's market holiday in Seoul.
The AI story itself, however, got fresh support from Europe: ASML beat expectations and raised its full-year outlook for the second time this year, citing strong AI-driven demand and order visibility stretching into 2027–28. Attention now turns to TSMC's results later today, a key test of whether chip sentiment can stabilize.
On the macro front, Fed Chair Warsh wrapped up his Senate testimony with a firmly hawkish tone despite June's softer-than-expected CPI, stressing that restoring price stability remains the priority. A July hike looks unlikely, but September remains in play.
Trading involves risk.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
Latest
View all
Sunday, 20 September 2026
14 min
Sunday, 20 September 2026
12 min
Sunday, 20 September 2026
10 min
EN
