VAR intervention rate per 100 fools
Source: The Footy Feed
The Yen has weakened to above ¥162 to the dollar (Tradingview chart below) following a media report that local pension funds will not be pressured to purchase more domestic securities.
This is adding upward pressure on yields. Source: TradingView
This is how leverage turns a pullback into a wipeout.
The 2x leveraged SK Hynix ETF listed in Hong Kong has plunged 64% from its June peak after SK Hynix shares fell more than 35%, including a record 15% one-day drop on Monday. Many South Korean retail investors rushed into these leveraged ETFs after their launch, expecting to amplify AI-driven gains. Instead, extreme volatility and daily rebalancing accelerated losses, with reports of forced liquidations already emerging. The lesson is simple: leverage doesn't just amplify returns—it magnifies mistakes. In volatile markets, it can destroy capital far faster than most investors expect. Source: Global Markets Investor
EU Goods Trade Deficit with China Nears Record €376 Billion
The European Union's goods trade with China totaled €768 billion in the twelve months ending April 2026, with €572 billion in imports and €196 billion in exports. The resulting €376 billion trade deficit was the second largest on record, underscoring Europe's continued dependence on Chinese manufactured goods despite efforts to diversify supply chains and reduce strategic vulnerabilities. Source: Econovis
Healthcare Stocks just formed a Golden Cross for the first time since October 2025
The last one sent prices higher by 10% over the next 10 weeks Source: Barchart
Single Stock Volatility relative to the CBOE Volatility Index $VIX has reached its largest gap in history
Source: Bloomberg, Barchart
Strait of Hormuz 🇮🇷 oil crossings (in white) have not recovered, yet oil prices (in blue) are near the levels they were pre-war.
Source: Gordon Johnson
Massive Reversal in Asian Markets
Over $500 BILLION has been added to Asian stocks today as semiconductor and AI stocks rebounded after the recent sell-off, following a strong close on U.S. stocks. South Korea's KOSPI is up +4.6%, adding ₩280.6 trillion ($189B). Japan's NIKKEI is up +1.6%, adding ¥22.9 trillion ($139B). Taiwan is up +1.2%, adding NT4.1 trillion ($50B). China's SSE is up +0.8%, adding ¥520 billion ($73B). Hong Kong's HSI is up +1.5%, adding HK$131.6 billion ($17B). India's NIFTY is up +1.0%, adding ₹4.9 trillion ($57B). Source: Bull Theory
