In Chair Warsh's inaugural FOMC meeting, the Fed voted unanimously to hold, but 9 of 18 members backed a within-year hike, lifting the median year-end dot from 3.4% to 3.8%. The FOMC statement was cut from 341 to 130 words, amplifying policy uncertainty. May CPI at 4.2%—a three-year high—was the direct catalyst for the hawkish shift. Markets now fully price in an October hike at 100%.

The BoJ voted 7-1 to raise rates 25bp from 0.75% to 1.00%, the highest level since 1995. The move was aimed at countering Iran war-driven energy inflation and defending the yen (USD/JPY ~161). Deputy Governor Himino signaled further potential hikes, elevating the risk of a global yen carry-trade unwind.

Eighth consecutive hold. The growth outlook was revised up to 2.6% on strong semiconductor exports, but KRW weakness and household debt growth (₩6tr increase at major banks over two months) constrain further easing. The next MPC meeting is July 16.

In Kevin Warsh's first FOMC meeting, the policy rate was unanimously held at 3.50–3.75%, but 9 of 18 members supported a within-year hike, pushing the median year-end dot from 3.4% to 3.8%. The FOMC statement was slashed from 341 to 130 words, heightening market uncertainty over policy direction. May CPI at 4.2%—a three-year high—was the direct basis for the hawkish shift.

At the G7 Versailles dinner, Trump and Iranian President Pezeshkian signed an MOU to end hostilities, agreeing to an immediate halt to military operations and the reopening of the Strait of Hormuz. A 60-day window for nuclear program negotiations was established, but subsequent Geneva follow-up talks were abruptly postponed, leaving uncertainty around full normalization. Oil prices returned toward pre-war $70s levels (around $76–80).

President Trump announced via Truth Social that Apple had agreed to partner with Intel to design and manufacture chips domestically. Intel shares surged +12% intraday to a record high of $135.48. However, neither Apple nor Intel issued official confirmation, leaving the scope and timeline undefined.

Shares priced at $135 in what was the largest U.S. IPO on record. The stock subsequently surged 42%, pushing the market cap above $2.5 trillion—making it the 7th-largest U.S. company. Its acquisition of xAI (Grok, X platform) positions SpaceX as an AI conglomerate, though valuation debate persists given cumulative losses of $41.3bn.

The BoJ voted 7-1 to hike 25bp from 0.75% to 1.0%. Deputy Governor Himino's signal of further hikes and USD/JPY holding around 161 heighten the risk of a yen carry-trade unwind. The Nikkei 225 closed at 71,250.06, rising for five consecutive trading days.

The energy component +23.5% (Iran war impact) drove the price surge. Core CPI at 2.9% exceeded the Fed's 2% target and directly triggered the subsequent FOMC dot plot shift.

FY2026 Q4 revenue of $19.2bn (+21%) and annual cloud revenue of $34bn (+39%) beat expectations, but shares fell -10% after hours as the company announced plans to raise an additional $40bn for AI data-center expansion. Free cash flow was negative $23.7bn. The "sell-the-earnings" pattern was interpreted as a signal of AI-infrastructure over-investment fatigue.

Retail investors bought ₩1.687tr to cushion the decline, but foreign investors (-₩388.4bn) and institutions (-₩1.234tr) sold heavily. SK Hynix rose +3.35% to provide support, while Samsung Electronics fell -1.38%. The KOSDAQ dropped 3.43%, slipping below the 1,000 level.

The stock set a new all-time high on surging HBM demand, with Wall Street price targets now rising into the ₩4mn range. This stands in sharp contrast to Samsung Electronics, which faces growing uncertainty over its China operations following the revocation of its Validated End-User (VEU) status.

Korea's market accessibility compliance rate rose to 71.8%, raising the prospect of watch list re-addition. NH Investment Securities estimates passive inflows of ₩44tr upon eventual inclusion. The expected timeline is: watch list addition → 2028 inclusion decision → 2029 actual index entry.

At Eurosatory 2026 (Paris), Hanwha Aerospace and UAE's Generation 5 Holding signed an MOU to produce and sell the K9 155mm self-propelled howitzer in the Middle East. The deal is currently at the MOU stage, with potential contract value in the hundreds of billions to trillions of won.

The U.S. Department of Commerce revoked the Validated End-User exemptions for both companies' China plants, eliminating the ability to import semiconductor equipment without individual export licenses. The simultaneous moves of partial AI-regulation relaxation by the Trump administration and stricter export-control legislation advancing in Congress create a contradictory policy environment that adds to uncertainty.

On r/wallstreetbets, bullish commentary ("20%+ retail allocation is unprecedented") clashed with skepticism ("a $2.5tr market cap for a company with $41.3bn in cumulative losses is irrational"). The fact that it was the top retail net-buy name is notable, but the critical voices are not a fringe minority.

Many call-option positions were built on the thesis of strong AI memory demand. Q2 revenue YoY +196% and adjusted gross margin of 75% are the core arguments. Counter-arguments that expectations are already largely priced in coexist.

A Truth Social post alone moving the stock more than 12% was cited as a cautionary case of "unconfirmed policy announcement risk." Disappointment selling was flagged if the actual deal scope is limited to lower/mid-node products.

The figure of $4.3bn in cumulative net outflows over 13 consecutive trading days clashed with the technical argument that "proximity to the 200-day MA is historically a bottom signal." The core debate is the structural split: retail sentiment is bullish at 2.23:1 while institutional ETF flows continue to exit.

Two opposing forces are simultaneously pressuring markets. Energy inflation (+23.5%) vs. the oil price decline driven by the Iran MOU — the common view is that which force prevails hinges on when the Geneva talks resume.

Covered the STRC collapse, spotlighting the structural dangers of leveraged liquidation cascades.

Former CFTC Chair Chris Giancarlo criticized the GENIUS Act for offering no privacy protections. Bitcoin's consolidation near the 200-day MA was interpreted as a historical bottom signal.

The $2.7bn sale of Pizza Hut to PE firm LongRange Capital and Yum China was analyzed as a case study in the consequences of failing to adapt to the delivery culture shift.

From Yum! Brands' perspective, the sale at a higher-than-expected price ($2.7bn) is expected to improve shareholder value, with an after-tax gain of approximately $2.3bn and a $4bn additional share buyback authorization announced.

Highlighted the trend of unified trading platforms offering crypto, equities, forex, and commodities in a single account.

As sponsored content, objectivity is limited. Juxtaposed with the Yahoo Finance STRC coverage, the episode confirms that high-leverage (100–500x) unified trading represents both an opportunity and a systemic risk simultaneously.

Covered the development background and export outlook of South Korea's domestically developed short-range ship-to-air missile KSAM (Haegung). Malaysia and Mexico have confirmed naval adoption; the Philippines was cited as a potential next customer, underscoring a strong export pipeline for LIG Nex1.