Japan Catchup Rally, Iran Optimism Fuels Asia To Record | The Asia Trade 5/7/2026

Watch on YouTube ↗  |  May 07, 2026 at 04:06  |  1:35:17  |  Bloomberg Markets
Speakers
Brian Quartarolo — Head of Content, Blockworks
Sam Konrad — Head of Research, Grayscale
Mark Cranfield — Cross Asset Strategist, Bloomberg

Summary

Asian markets rally on optimism over a US-Iran peace deal and a tech-led surge in semiconductor and AI stocks. Japan's Nikkei jumps 4% on catch-up after Golden Week, while Samsung joins the $1 trillion club. Fund managers see further upside in Korean assets, the NZD, and Asian tech stocks on low valuations and multi-year earnings growth.

  • Asian stocks extend gains on Iran war optimism and tech rally.
  • Japan's Nikkei jumps 4% on catch-up after Golden Week.
  • Samsung joins $1 trillion club; semiconductor stocks surge.
  • US and Iran consider one-page MOU to end war and reopen Hormuz.
  • China asks banks to pause loans to US-sanctioned refiners.
  • Brian Quartarolo bullish on Korean assets and NZD.
  • Sam Konrad expects more upside for Asian tech stocks on low valuations.
  • Taiwan's energy vulnerability highlighted by Hormuz crisis.
Trade Ideas
Brian Quartarolo Head of Content, Blockworks 51:52
Korean assets are phenomenal opportunity.
South Korean equities and the Korean won are a phenomenal opportunity due to 200% YoY earnings growth, a one-year forward P/E of 7, and exposure to the fourth industrial revolution and AI trends. The rally is not stretched and still offers value.
EWY KRW HIGH
Brian Quartarolo Head of Content, Blockworks 54:01
New Zealand dollar has catching up.
The New Zealand dollar is undervalued and has catching up to do as the US dollar falls, supported by low interest rates relative to the economic cycle, private sector credit demand pickup, and potential fiscal impulse after the election.
NZD MED
Sam Konrad Head of Research, Grayscale 81:32
Samsung and SK Hynix undervalued, earnings growing.
Samsung and SK Hynix are attractively valued with forward P/E of 5-6 times, and earnings will continue to grow into 2027 driven by AI memory demand and long-term customer agreements, reducing earnings volatility. The AI earnings story is multi-year and not peaking.
005930.KS 000660.KS HIGH
Sam Konrad Head of Research, Grayscale 82:33
Quantum Computer has catch-up potential.
Quantum Computer in Taiwan is a laggard with attractive valuations, strong earnings growth, and high dividend yields, offering catch-up potential as the Asian tech rally broadens.
Quantum Computer (Taiwan) MED
Up Next
6:09:46
[26.05.07 오전 방송 전체보기] 반도체 랠리·종전 기대에 뉴욕증시 최고가 랠리...WTI 95달러대로 '뚝'
3PRO TV (삼프로TV) · May 07
20:45
트럼프 종전 합의 나오면 주도주 바뀌나.. 지금 미리 봐야 할 종목 / 외국인 매수.. 현대차 급등할 차례인가?ㅣ이권희 대표
815 Money Talk (815머니톡) · May 07
21:57
코스닥 활성화 정책, 바이오주 물 들어올까?_26.05.07. | 최창규, 여도은, 허재무 [아침N투자]
3PRO TV (삼프로TV) · May 07
29:25
반도체 오를 때 소외당한 바이오, 이제 다시 주목할 때!_26.05.07. | 박현지, 여도은, 허재무 [아침N투자]
3PRO TV (삼프로TV) · May 07
16:29
유가 떨어지죠? 에너지 패러다임이 아예 바뀌는 중 | 윤재성 하나증권 리서치센터 수석연구위원 [더블 업]
3PRO TV (삼프로TV) · May 07

This Bloomberg Markets video, published May 07, 2026, features Brian Quartarolo, Sam Konrad discussing EWY, KRW, NZD, 005930.KS, 000660.KS, Quantum Computer (Taiwan). 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Brian Quartarolo, Sam Konrad  · Tickers: EWY, KRW, NZD, 005930.KS, 000660.KS, Quantum Computer (Taiwan)