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Why China's Shanghai Composite and Shenzhen Index Fell as AI Stocks Lose Momentum

• The Shanghai Composite fell 2.26% to a two-week low of 4,027.

Vinay Lochav | 26 June 2026

Global Stocks Fall as Tech Selloff Deepens on AI Spending Concerns and OpenAI IPO Delay

• Global stock markets traded lower as technology shares extended recent losses.

Vinay Lochav | 26 June 2026

Why the Nikkei 225 Fell 4% as AI Stocks Lead Japan's Market Lower

• The Nikkei 225 plunged 4.15%, marking its steepest decline in recent weeks.

Vinay Lochav | 26 June 2026

Why AI Stocks Are Dragging U.S. Markets Lower as OpenAI IPO Delay Shakes Wall Street Confidence

• U.S. stock futures declined as reports suggested OpenAI may postpone its IPO until 2027.

Vinay Lochav | 26 June 2026

US Premarket Movers Today: Top Gainers and Losers as Memory Chip Selloff Hits Semiconductor Stocks

• U.S. equity futures traded mixed as semiconductor stocks remained under pressure.

Vinay Lochav | 26 June 2026

Dollar at a Crossroads: Why the Fed's Dual Mandate Is Creating an Unprecedented Tension Between Inflation Control and Global Financial Stability

The Federal Reserve's domestic inflation mandate is driving further dollar strength and Treasury yield elevation at a moment when the global financial stability consequences — yen at 1986 lows, EM currency pressure, carry trade systemic risk, and compounding EM debt costs — are reaching …

Vinay Lochav | 26 June 2026

Reserve Bank of Australia Rate Hike Cycle Nears Its End: What Easing Inflation and Dollar Strength Mean for the Aussie

Markets are pricing only a 50% probability of another RBA rate increase to the 4.35% cash rate, with some participants beginning to price cuts as early as the second half of 2027, reflecting investor expectations that second-quarter Australian inflation will fall short of the …

Vinay Lochav | 26 June 2026

PBOC's Overnight Reverse Repo Reform: China's Quiet Monetary Policy Revolution and What It Means for Global Markets

The People's Bank of China's introduction of overnight reverse repo operations on June 29-30 represents a significant step in China's monetary policy modernisation, bringing its operational framework closer to those of the Federal Reserve and European Central Bank by adding a shorter-maturity liquidity management …

Vinay Lochav | 26 June 2026

Emerging Market Currencies Under Siege: How the Dollar's Hawkish Fed Momentum Is Reshaping EM Capital Flows

The Federal Reserve's hawkish pivot — with markets pricing 75% odds of a September rate hike — is driving a broad and synchronised repricing of emerging market currencies, with the Australian dollar, Chinese yuan, Indian rupee, Brazilian real, and Russian ruble all simultaneously navigating …

Vinay Lochav | 26 June 2026

New York Fed's John Williams Signals Inflation Still Too High: What This Means for the September Rate Hike Decision

New York Fed President John Williams' statement that inflation remains too high despite expected moderation — delivered on the same day as the benign PCE print — confirms the Fed's persistent tightening bias and provides critical context for the 63% market-implied probability of a …

Vinay Lochav | 26 June 2026
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