BigBreakingWire

🚨 Foreign investors dump record $137.4B from Asian equities in H1 2026

Reuters: Net outflows hit $137.36 billion, the fastest six-month exodus since records began in 2010.

BlackRock downgraded emerging-market equities to neutral, citing AI concentration risks in South Korea and Taiwan.

JPMorgan and Goldman Sachs raised financing costs for hedge fund positions in SK Hynix and Samsung Electronics.

South Korea and Taiwan were hit hardest as AI-driven chip gains prompted global funds to cut concentrated positions.

🚨 Major Korean Banks Ramp Up FX Trading Ahead of 24-Hour KRW Market

South Korea's biggest banks are expanding FX trading teams, boosting Seoul–London operations, and upgrading systems ahead of the launch of a near-24-hour KRW foreign exchange trading regime on July 6, aimed at improving won liquidity and accelerating the internationalization of Korea's financial markets.

Trump: Micron has announced a historic $250 million investment in TRUMP ACCOUNTS - the biggest corporate investment of its kind. My policies are working, and working BIG.

$MU

⚡ NOMURA SAYS CHIP RALLY HAS MORE ROOM TO RUN

Nomura says it's too early to call a peak in chip stocks.

Expects sector momentum to continue through 2027.

Says hyperscalers are unlikely to slow AI data-center spending.

Calls recent chip-stock pullback "healthy."

Warns markets have yet to fully price future risks and potential supply shortages.

🚨 BYD Set to Retake Global EV Sales Crown

Chinese EV giant BYD delivered 557,090 fully electric vehicles in Q2, putting it on track to reclaim the title of the world's largest EV maker.

Meanwhile, Tesla is expected to report around 396,500 Q2 deliveries next week.

BYD continues to expand aggressively overseas while ramping up investments in self-driving technology and next-generation battery development.

$TSLA

🚨 Goldman Sachs flags South Korea's leveraged ETF frenzy as risk to global markets

• Goldman Sachs says surging leveraged ETF demand from South Korea has pushed equity funding costs to unusual mid-year highs, straining dealer balance sheets.

• Single-stock leveraged ETFs linked to Samsung and SK Hynix have surged from $3 billion to about $91 billion, with 92% of holdings owned by retail investors.

• Goldman says South Korea's "insatiable" appetite for leveraged products has driven S&P 500 financing costs to their highest level since late 2024.

🚨 SK Hynix files amended SEC registration for Nasdaq listing

• SK Hynix filed an amended registration with the SEC to list American Depositary Shares (ADS) on Nasdaq under ticker SKHY.

• The company aims to raise 45.5 trillion won ($29.4 billion) to fund construction of AI chip manufacturing facilities in South Korea.

• Trading is expected to begin on July 10, pending completion of the offering.

• The filing comes just days after SK Hynix, Samsung Electronics, and Micron were named in a DRAM price-fixing class-action lawsuit. If completed, the offering could rank among the largest share offerings in history.

🚨 BREAKING: 'Big Short' investor Michael Burry reveals new bearish bets on AI and semiconductors.

Burry says he has shorted Tesla at around $416.22.

Also disclosed short positions in NVIDIA, Caterpillar, Applied Materials, and a semiconductor ETF.

Says the positions are part of a hedge against what he sees as overheated AI and semiconductor valuations.

Position sizes were not disclosed. Technology stocks were largely higher despite the comments.

$TSLA $NVDA

TSMC, Samsung, and SK Hynix are buying electronic-grade hydrofluoric acid (HF). Since the year began, Middle East tensions raised sulfur, sulfuric acid, and anhydrous HF prices, increasing electronic-grade HF costs. Some suppliers raised prices about 20–30% year-to-date.

Moody's Analytics chief economist Mark Zandi says the US and Israel's war on Iran cost the average US household about $1,000.

He said this includes higher fuel bills from rising oil prices, extra retail and travel spending driven by higher consumer prices, and each household's share of government war costs.

He called the $1,000 figure a conservative estimate with actual costs likely higher.

U.S. Retail Investors Buying Every Dip at Record Pace in 2026

Castle Securities' Scott Rubner says U.S. retail investors are buying market dips at a record pace in 2026, with buying on S&P 500 down days running about 3.5x the daily average surpassing even the peak of the 2021 meme-stock frenzy.

$BTC drops below $59,000.

BITCOIN BEARS EYE $45K. Bitcoin faces pressure as U.S. rate expectations rise and the dollar strengthens. Markets are absorbing MicroStrategy's potential $1.25 billion Bitcoin sale and the EU's MiCA licensing deadline. Kalshi traders now predict Bitcoin could hit $45,000 this year, signaling growing caution as the cryptocurrency trades near recent lows.

🇮🇳 RBI Releases June 2026 Financial Stability Report

RBI says India's robust macroeconomic fundamentals put it in a stronger position than many peer economies.

Global financial system has remained resilient despite multiple shocks.

NBFCs are in sound financial condition, while the insurance sector has shown strong balance-sheet resilience.

Under the baseline scenario, gross NPAs for 46 banks are projected to decline to 1.9% by March 2028.

Capital Adequacy Ratio (CRAR) for 46 banks is projected at 15.6% by March 2028 under the baseline scenario.

🔴🚨 Blacklisted Chinese cybersecurity firm Qihoo 360 claims it has developed an AI system capable of carrying out advanced cyberattacks on Western governments and companies.

CEO Zhou Hongyi said the AI matches Anthropic's Claude Mythos, calling it a potential "cyber nuclear weapon." The claim has not been independently verified.

The Five Eyes intelligence alliance recently warned that hostile nations are nearing the ability to launch AI-powered cyberattacks.

The US has blacklisted Qihoo 360 over alleged links to China's military and intelligence agencies, accusations the company denies.

🚨 A survey by the Official Monetary and Financial Institutions Forum finds that, for the first time, more central banks plan to reduce dollar holdings than increase them over the next decade. This shift is due to rising political risks and U.S. policy uncertainty.

Banks are increasing allocations to the Norwegian krone, New Zealand dollar, and sterling. Gold holdings are expected to rise, with a net 30% of respondents planning to boost allocations.

HSBC said one of the biggest "pain trades" in H2 could be a sharp rise in the US dollar, catching many investors off guard.

The bank expects the dollar to strengthen gradually through the first half of 2027 but warned the rally could accelerate if the Federal Reserve signals more rate hikes than markets expect or geopolitical tensions worsen.

HSBC said this risk increased after the Fed's June meeting, where officials focused on inflation and offered little guidance on future policy.

Analysts led by Paul Mackel said markets have shifted their focus back to interest-rate differences, raising the risk of a much stronger dollar.

AI Memory Chip Shortage Deepens

Elon Musk and Tim Cook warn the global memory shortage is unprecedented.

AI data centres now consume about 70% of global memory output, up from 20–30% in 2022.

Samsung, SK Hynix and Micron Technology are prioritising high-margin AI memory chips.

Gartner expects 2026 PC shipments to fall 10%+ and smartphone shipments 8%+, with supply pressure likely to continue until 2027. $SPCX $AAPL

BREAKING: Goldman Sachs warns South Korea equities face structural liquidity risks amid concentrated positioning

Heavy weights of Samsung & SK Hynix could trigger ~$2B foreign selling for every 1 percentage-point rise in their combined index weight.

Goldman flags leveraged ETF inflows, surging options activity and rising retail margin use as increasing market fragility.

Analysts warn even a modest market correction could spark forced selling cascades as institutional hedges unwind.

$MSTR Strategy launched a $1.25B BTC plan. They unveiled a new capital framework with a $1 billion repurchase program for digital credit securities. The board approved a Bitcoin monetization program to generate up to $1.25 billion for its USD reserve. The reserve was $2.55 billion as of June 28.

Strategy's New Capital Framework

$2.55B USD reserve covers 17.4 months of preferred dividends and interest; minimum 12-month reserve policy approved.

STRC annual dividend raised to 12%, effective for dividend periods starting July 1, 2026.

Approved $1B buyback program for preferred securities (STRC, STRF, STRD, STRK).

Approved another $1B buyback program for MSTR Class A shares.

Authorized up to $1.25B in Bitcoin sales, taking total liquidity coverage to $3.8B, enough for 25.9 months of preferred dividend and interest obligations.

$MSTRB $BTC