US short-term interest rate futures jumped after the nonfarm payrolls release as markets pared bets on Fed tightening; investors now fully price a Fed rate hike in December, down from prior expectations for October.

“美聯儲傳聲筒”Nick Timiraos：美國經濟6月份新增就業崗位5.7萬個，而5月和4月的數據經修正後共減少了7.4萬個就業崗位。失業率小幅下降至4.2%。6月份休閒和酒店業就業崗位減少了6.1萬個。

Foreign investors pulled $137.36bn from Asian equities in 1H 2026, a record outflow, with Korea and Taiwan seeing withdrawals of $70.8bn and $29.6bn respectively. A rally in AI chip makers concentrated gains and prompted portfolio rebalancing, with Korea’s KOSPI nearly doubling and Taiwan’s Weighted Index up 62% led by TSMC, Samsung and SK Hynix. Analysts say the selling largely reflects position adjustment away from an unusually concentrated rally rather than broad risk aversion. Capital is rotating from oversized chip leaders into downstream suppliers and lower‑valuation markets, notably Southeast Asia, as investors reassess tech exposure and pursue broader diversification, according to asset managers.