Equities: Regular-session trading saw the S&P 500 edge down 0.1% and the Nasdaq-100 drop 0.4%. However, Micron’s massive post-market Q3 beat sent its shares up 15% to $1,213 in after-hours trading, triggering a wave of buying that lifted major semiconductor and hardware indices across the Asia-Pacific region. The Dow Jones (DJIA) added 0.4% during cash hours. The E-mini futures of the S&P 500 and Nasdaq 100 rebounded by 0.4% and 1.6% in today’s Asian session.
Fixed Income: Global bond curves experienced minor stabilisation. The short-duration US 2-year Treasury yield fluctuated near 4.15% while the benchmark US 10-year Treasury yield consolidated around 4.40%. Portfolios maintained a steady posture, adjusting for the upcoming sovereign note supply and highly anticipated US PCE inflation data out later today.
FX: The US Dollar Index (DXY) maintained its bullish tone, extending its gains by 0.2% to settle at 101.36, a 13-month high on Wednesday, 26 June. In the past 24 hours, the Australian and New Zealand dollars have been the weakest among the major currencies, dropping by 0.1% and 0.2% against the greenback to trade at 0.6893 and 0.5641 in today’s Asian session.
Commodities: Front-month Brent crude futures fell to $73.38/bbl as the normalisation of the Gulf shipping transit normalised localised risk premiums. In today’s Asian session, it extended its losses by 1.3% to $72.88/bbl, its lowest level since early March 2026.
Spot gold prices remained soft and extending its decline by 0.4% in today’s Asian session to trade at $3,981/oz intraday, a 7-month low, driven by capital shifting away from non-yielding hedges toward higher-yielding alternatives.