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EU Market Open: APAC stocks slumped amidst the global tech sell-off; the US military reportedly developed new strike plans against Iranian energy
US President Trump said the Iran conflict will end soon; the US military reportedly developed new strike plans targeting Iranian energy and nuclear sites.
APAC stocks slumped amid the global tech sell-off and hotter-than-expected US CPI; US and European equity futures declined.
KOSPI was the worst performer and triggered circuit breakers after dropping as much as 8% owing to its large tech exposure.
DXY softened alongside lower US yields; crude futures retreated, while gold rallied on haven demand.
Looking ahead, highlights include UK GDP (Aug), French Final Inflation (Sep), US Jobless Claims…
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