📈 Global Markets Rebound as Chipmakers Lead Asian Equity Rally

• Market Overview: Asian equities jumped on Wednesday following a U.S. market recovery. MSCI Asia-Pacific (ex-Japan) rose +1.2%, led by South Korea’s Kospi (+6.0%) and Japan’s Nikkei 225 (+1.9%), while S&P 500 futures edged -0.1% lower. S&P 500 previously gained +0.9%, ending a three-day slide. • Sector Performance: - Tech & Semiconductors: Strong rebound across semiconductors and global ICT/BPM technology sentiment after South Korean chip exports nearly tripled in early July and Taiwanese export orders beat estimates. - Pharmaceuticals: U.S. announced generic drug tariffs set at 0% for two years starting August 1, rising to 100% in year three and 200% thereafter. - Energy & Commodities: Brent crude rose +0.6% to $91.55/barrel as Red Sea tanker diversions due to Houthi threats added supply concerns. Gold increased +0.5% to $4,097.67. • Monetary & Currency Trends: - U.S. Dollar: Dollar Index held near a one-week high at 101.20, while easing -0.1% against the Yen to 163.06. - Interest Rates: The U.S. Federal Reserve is expected to keep key interest rates steady for the rest of 2026, with the 10-year U.S. Treasury yield at 4.628%. • Digital Assets: Bitcoin traded up +0.3% at $66,611.73, while Ether gained +0.7% to $1,936.18.