KOSPI's 60-day correlation with the Nasdaq-100 has climbed to about 0.50, the highest since 2021, as AI spending ties US tech giants to Korean memory-chip makers. Samsung Electronics and SK Hynix account for more than half of KOSPI’s weight, effectively turning the index into a semiconductor proxy, Futurum Group says. Recent rallies and volatility in Korean chip stocks have pushed global investors to treat the market as a bellwether for AI flows; analysts warn the growing synchronicity reduces c

EUR/USD dropped to about 1.1362 in early European trade on Tuesday as the dollar strengthened ahead of the Federal Reserve decision on Wednesday. Markets price the Fed holding the policy rate at 3.50%-3.75%. Investors will focus on the Fed statement and the chair's press conference for signals on inflation and the economic outlook; the Fed is unlikely to offer new guidance on the policy path. The CME FedWatch Tool shows an 80.8% probability of a rate hike at the September meeting. In the euro area, markets await preliminary July HICP for Germany on Thursday and for the euro area on Friday; those prints will be monitored for their impact on ECB rate expectations.

伊朗外交部发言人巴加埃：调解人向我们传达了来自美国的信息，但我们目前与华盛顿没有进行谈判。