Kospi posts record 18% one-day rally as stock futures climb and Brent slides to $83.90
AI Market Summary
Risk appetite rebounded as investors priced in reduced Middle East supply disruption risk after Trump's Iran de-escalation signals and expectations the Strait of Hormuz reopens. Equity futures rose sharply and Korea's Kospi logged a record one-day surge, while Brent fell ~4.6% as the geopolitical risk premium compressed. Focus now shifts to US labor data, which could swing inflation expectations, yields, and Fed credibility.
Impact level
● High
Affected assets
NCCO1OILBRENT2USD/USDT-2.09%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
▲ Bullish
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Global risk appetite rebounded after Donald Trump pulled back from a tougher stance on Iran and hopes rose for the Strait of Hormuz to reopen. South Korea’s Kospi surged 18% in a single session, its biggest one-day gain on record, while Dow, S&P 500 and Nasdaq futures also moved sharply higher. Brent crude fell 4.6% to $83.90 a barrel, reflecting easing supply concerns. Investors are also focused on Friday’s U.S. nonfarm payrolls report, which could shift inflation expectations.
