Asian markets retreat from all-time highs due to US-Iran uncertainty, but Chinese tech stocks get a boost in Hong Kong led by Tencent. South Korea overtakes India as world's sixth biggest stock market. Japanese yen hovers near 160 level, prompting intervention warnings.
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Bloomberg 5.5
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Winnie Hsu 4.0
6/2/2026 10:06:51 AM
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Japanese yen weakness near 160 and South Korean won underperformance suggest USD strength against Asian currencies.
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AI rally taking a breather, but Chinese tech stocks getting a boost, suggesting mixed signals for tech overall.

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