đ´ MARKET ALERT: Major structural shifts are shaking up global wealth today! Driven by the massive AI hardware boom, Taiwan has officially overtaken India to become the world's 5th largest stock marketâfueled by an incredible 49% YTD rally in TSMC shares.
Meanwhile, early morning optimism over a Middle East peace deal was cut short following fresh overnight US military strikes in southern Iran, sending futures downward. On top of that, traders are preparing for a hawkish pivot, with a 70% chance of a Fed interest rate hike being priced in for later this year under new Chair Kevin Warsh.
Plan your trading week carefullyâdon't forget that major exchanges are also closed this Thursday, May 28, for the Bakri Id holiday! đđ
Read the full breakdown, key target levels, and institutional flow updates in our link below.
