Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
The U.S. stock market has officially entered a correction, with the S&P 500 plunging over 10% from its February 19 high. The Nasdaq Composite also confirmed its correction last week. This downturn has erased $5 trillion in market value, marking a stark shift from the bullish sentiment earlier in the year.
Historically, market corrections—defined as declines of at least 10%—are common. Since 1929, the S&P 500 has seen 56 corrections, with only 22 turning into bear markets. On average, corrections result in a 13.8% drop, far less than the 35.6% average decline of bear markets. The current correction has lasted 22 days, with historical data suggesting an average of 115 days.
Market uncertainty has been fueled by ongoing tariff disputes, inflation concerns, and economic slowdown fears. Investors worry that escalating trade tensions could trigger a recession, eroding confidence in the so-called "Trump put"—the expectation that policies will support the stock market.
In response, investors are flocking to safe-haven assets. The yen has surged 6.5% this year, gold hit record highs with a 13% gain, and U.S. Treasury yields have fallen as demand for bonds rises. Defensive sectors like healthcare and consumer staples have outperformed.
Investor sentiment has soured, with the AAII Sentiment Survey showing pessimism at a two-year high. Institutional investors are cutting equity exposure, while volatility has spiked, with the VIX at a seven-month high.
Tech stocks, particularly the "Magnificent Seven," have taken a hit, with Tesla down 33% since the market peaked. As risk appetite wanes, this correction may shift market leadership toward more defensive sectors.
