Two Days of Circuit Breakers... Single-Stock Leveraged Investment Restrictions Proposed | Fed Holds Rates for Fifth Straight Meeting... 30-Year Treasury Hits 19-Year High

Summary

KOSPI suffered a circuit-breaker two-day crash, prompting government proposals to restrict single-stock leveraged ETFs. SK hynix earnings disappointed on shareholder returns, while anticipation builds for Samsung's call. The Fed held rates but 30-year yields spiked to 19-year highs. Middle East tensions pushed oil higher, and a US ban on Chinese humanoid robots may benefit Korean component makers.

• KOSPI fell nearly 6% yesterday, triggering circuit breakers, with levered ETFs blamed for amplifying volatility.
• Government proposed measures to curb single-stock leveraged ETF risks, including individual investment limits and variable leverage.
• SK hynix reported strong earnings but disappointed on shareholder return plans, leading to a sharp intraday reversal.
• Samsung Electronics' earnings call today may include shareholder-friendly announcements, potentially lifting the stock.
• Fed held rates but saw three dissenters; 30-year Treasury yield surged to 2007 highs, raising inflation and economic concerns.
• Middle East tensions escalated, with Trump vowing retaliation, pushing oil prices higher.
• US FCC banned Chinese humanoid robots from US market, which could benefit Korean robot component suppliers like Hyundai Mobis and Robotis.