Everything you need to know, Simplified! The AI reality check: a warning from Korea's rally Summary The Bloomberg Korea Large & Mid Cap index surged over 422% at its peak from the April 2025 tariff-related low, driven almost entirely by Samsung and SK Hynix, which together accounted for 75% of the index The rally left valuations looking increasingly stretched, with Korea representing the clearest example of where the AI trade has gone too far - the index fell 7% last week Kor

Everything you need to know, Simplified! Change at the top of UK politics and a reset at the US Federal Reserve: How will markets be affected? Summary In the UK, all eyes are on 10 Downing Street after Keir Starmer’s resignation as Prime Minister this morning Elsewhere… central banks US Federal Reserve (Fed) and the Bank of England (BoE) held rates; the Bank of Japan (BoJ) hiked the base rate to 1.0% (highest since 1995), with markets largely steady Geopolitics remain fragile

Everything you need to know, Simplified! Space X: What the biggest IPO in history says about markets today Summary SpaceX’s record US$75bn stock market listing, known as an IPO, highlights strong risk appetite and the premium attached to frontier technology companies, reinforcing public markets as a viable destination for large-scale capital Equities recovered into the weekend after a softer start to June, with retail participation signalling a continued willingness to pay up

Everything you need to know, Simplified! Markets pause as inflation and interest rate concerns return to focus Summary US equities paused after a strong run, as stronger economic data and renewed inflation concerns led investors to question whether interest rates may need to stay higher for longer A stronger-than-expected US payrolls report reinforced the picture of labour market resilience, but markets treated the news negatively as it added to fears that policy could remain