Flash crash briefly fells SK Hynix while SocGen strategist says Korean shakeout is nearly done
SK Hynix stock dived 30% in premarket trade in Seoul before recovering much of the lost value.
Similar Posts
Euro recovers as Eurozone inflation stays firm
EUR/USD trades near the 1.1530 area during Friday’s American session, consolidating after a strong rally off intraday lows. The Euro found support from resilient Eurozone inflation data, although gains remain capped as hawkish Federal Reserve (Fed) rhetoric boosts the US Dollar. Preliminary data from Eurostat showed that the Eurozone Harmonized Index of Consumer Prices (HICP)…
USD/JPY Forecast: Climbs above 160.50 as BoJ decision looms
The USD/JPY pair is seen building on the previous day’s late recovery from sub-158.00 levels, or the lowest since May 14, and gaining positive traction during the Asian session on Friday. Spot prices climb back above the 160.50 level amid the emergence of some US Dollar (USD) buying and some repositioning trade ahead of the…
U.S.-Iran war pauses to give peace talks ‘space’
A woman walks past war-themed graffiti and murals painted on walls along the capital Tehran’s streets and avenues as air defense systems are activated during the night while daily life continues in the shadow of rising military tensions between the US and Iran on July 22, 2026 in Tehran, Iran. Fatemeh Bahrami | Anadolu |…
IBM lowered its guidance. Now it’s time to deliver, analysts say.
Despite lowering guidance for revenue, IBM maintained its expectation for free cash flow to increase by about $1 billion in 2026.
Incomplete Information and Self-Fulfilling Inflation Dynamics—Lucas meets Keynes — by Jess Benhabib, Pengfei Wang, Yi Wen
This paper incorporates the Lucas (1973) island model into a standard DSGE framework. It demonstrates that self-fulfilling stochastic inflation equilibria, which are driven by intrinsic uncertainty or pure sentiments, can exist under rational expectations. Furthermore, it shows that these sentiment-driven stochastic equilibria exhibit monetary non-neutrality, even when the fundamental equilibrium is unique and monetarily neutral….
Will Trump’s War With Canada Become Global? by Vera Songwe
For the first time, a great power has moved to price transboundary climate-driven harms–massive wildfires–and extract compensation unilaterally. What was previously a development, insurance, or emissions-accounting issue is now a security and trade dispute between two G7 economies, setting a precedent that others may try to follow. WASHINGTON, DC—Starting in mid-December 2025, southern Africa…
