$Crude Oil Futures (SEP6) (CLmain.US)$
🇺🇸🇮🇷 U.S. Secretary of State Rubio stated, 'The U.S. remains committed to a diplomatic resolution on the Iran issue,' after which [the market] briefly fell by 3%

$Toyota Motor (7203.JP)$
‘Directly hit by Middle East logistics disruptions,’ Toyota to cut overseas production by 100,000 units by 2027 and boost domestic output of models like the RAV4 by 4,200 units

$Korea Composite Index (.KOSPI.KR)$
U.S. financial giant Citi has downgraded its investment rating on South Korean equities from 'overweight,' which it had maintained for about a year, to 'tactically neutral.' This move follows sharp price swings in semiconductor stocks in recent weeks, as the firm aims to reduce its exposure to artificial intelligence (AI)-related assets.
The South Korean stock market (.KS11), which opens in a new tab, has delivered the world’s strongest performance this year and become a symbol of the AI-driven rally. However, in recent weeks, it has experienced extreme volatility due to retail investor frenzy over leveraged single-stock ETFs and concerns over valuations.
Citi noted that nearly all client conversations have shifted toward the possibility of a broader market rally in the second half of 2026. Nevertheless, the firm remains cautious about completely rotating away from technology stocks in its country-level emerging market asset allocation.
While maintaining a structurally bullish stance on the AI theme, Citi downgraded South Korea to neutral. Meanwhile, it upgraded China to overweight and kept Taiwan...

$OSE Nikkei 225 Futures (SEP6) (NK225main.JP)$ Walking along the lower Bollinger Band.