Yen Intervention on Watch; Korean Stocks Jump by Record | The Asia Trade 7/31/2026

Смотреть на YouTube ↗ | 31 июля 2026, 05:09 | 1:34:48 | Bloomberg Markets

Спикеры

Anthony Stevens — Продюсер рынков Bloomberg

Dilin Wu — Руководитель отдела исследований, The Block

Spencer — Tech Reporter

Ruth Carson — Корреспондент, Сингапур

Garfield Reynolds — Репортер/редактор по рынкам, Bloomberg

A busy Asia session features strong rebound in tech stocks after U.S. earnings, suspected Japanese yen intervention, and a BOJ policy hold. Korean equities surge on government AI fund news, while Amazon's AI capex is rewarded. Yen weakness persists despite intervention as rate differentials dominate. - Amazon's cloud beat and heavy AI capex are cheered by investors, with the stock gaining after-hours. - Japanese officials reportedly intervened to support the yen, but wide rate differentials keep it near 160 per dollar. - BOJ is expected to hold rates though hawkish talk could add support to the yen; intervention timing is controversial. - South Korean stocks post record intraday gains after a week of steep losses, helped by a $14 billion sovereign wealth fund plan for domestic AI investments. - The AI trade roars back, with Philadelphia Semiconductor Index seeing its best day since April 2025. - Japan's momentum stocks are favored over traditional exporters as yen dynamics shift. - China's Politburo acknowledges growth concerns but stops short of big stimulus, sending bond yields lower. - Risk appetite returns broadly, lifting Asian equities with Korea and Japan tech leading the bounce.

Идеи

Anthony Stevens Продюсер рынков Bloomberg 10:03

Momentum revival lifts SK Hynix

SK Hynix is a key holding in momentum portfolios; after a large drawdown, Citadel bought the portfolio, triggering double-digit pops across momentum names. With AI compute demand intact, the stock benefits from resumed momentum buying and a recovery in semiconductor sentiment.

Anthony Stevens Продюсер рынков Bloomberg 11:19

Amazon AI capex rewarded by market

Amazon's heavy AI spending is being rewarded because the company has ample cash flow, cloud revenue growth beat estimates, and the capex is presented as a once-in-a-generation investment in data centers that will remain productive for decades with lower future upgrade costs.

Anthony Stevens Продюсер рынков Bloomberg 44:12

Korea stocks rebounding on government backstop

Korean equities are primed for a strong rebound as retail deleveraging seems complete, foreign buying returned, and the government announced a $14 billion sovereign wealth fund injection into domestic AI assets, providing a stabilizing backstop.

Dilin Wu Руководитель отдела исследований, The Block 51:22

Yen weak on wide rate differentials

Despite intervention, the yen remains under pressure because wide interest rate differentials still favor higher-yielding assets outside Japan. As long as that differential persists, sustained yen strength is unlikely, keeping the carry trade attractive.