After Thursday's US inflation print, bond traders trimmed bets on Fed hikes this year; the chance of a rate increase next month fell to about one-third. A tightening monetary-policy trend remains a headwind for gold, making it less attractive than yield-bearing assets such as Treasuries. Gold has largely priced the risk of further Fed tightening but has not priced a sustained higher-for-longer real-yields regime, said Invesco market strategist David Chao.

KOSPI tumbled more than 8% intraday on Friday, wiping out the prior session's gains and triggering a market circuit-breaker. Samsung Electronics and SK Hynix shares fell about 9% each. Foreign investors sold 2.5 tln won (≈$1.6bn) of KOSPI stocks in early trade. The rout reversed Thursday’s rally after Micron’s upbeat guidance and SK Hynix’s planned U.S. listing had lifted AI-related optimism. Sentiment soured after reports Apple raised prices amid memory-chip shortages and OpenAI may delay an IPO until next year. IG International analyst Fabien Yip warned that if large buyers such as Apple cannot absorb higher costs it would raise questions about demand elasticity and the sustainability of memory-chip margins, and that an OpenAI IPO delay underscores tech stocks’ vulnerability to shifts in retail enthusiasm.

市场消息：斯泰兰蒂斯(STLA.N)和日产正商谈收购供应商马瑞利（Marelli）的资产。