Search results for U.S. CPI
Finance
KOSPI plunges 6 percent after first intraday break above 8,000, triggers sell sidecar
South Korea\'s KOSPI on Thursday briefly broke above the 8,000 mark for the first time before reversing sharply and ending below 7,500. The index closed down 6.12 percent at 7,493.18 as profit-taking pressure grew after a rapid rise, while Middle East tensions, rising U.S. and Japanese rates and a weaker won weighed on sentiment. The Korea Exchange activated a sell sidecar, temporarily halting program sell orders.
Finance
Will KOSPI\'s relentless run continue? US-China summit, chip-stock concentration in focus
South Korean stocks this week are expected to look for direction while watching U.S. inflation indicators, a U.S.-China leaders’ summit and earnings momentum centered on semiconductors. The KOSPI is nearing 7,500 and extending record-high territory. The index rose 13.5 percent last week as chip shares jumped more than 24 percent, while the KOSDAQ gained 0.6 percent. Investors are weighing further upside against near-term overheating risks.
Crypto
First bull market since 2025? Five bitcoin checkpoints this week
Bitcoin is nearing a bullish shift signal on the weekly MACD, raising expectations of a medium- to long-term trend change for the first time since May 2025. It has reclaimed the 200-week EMA on a weekly close and short-term positioning has been volatile, with liquidations topping $250 million in 24 hours. Traders are also watching downside liquidity, oil prices, U.S. PCE and CPI releases, and ongoing war-related tensions.
