Morgan Stanley Upgrades South Korea Stocks After 30% KOSPI Crash

South Korea’s “leverage washout” has created a fresh entry point into the AI trade, according to Morgan Stanley, which lifted its rating on the country’s equities to overweight. The bank now sees the KOSPI climbing 36% to its 9,000 target. Strategists led by Daniel K Blake described the selloff as mainly technical. The bank previously […]

Switzerland’s Crypto Use Is Double Germany’s, Study Finds

Switzerland has spent years building the conditions for broader cryptocurrency adoption, and the latest data suggest those efforts are paying off. A Bearingpoint study found that 23% of Swiss adults use cryptocurrency at least occasionally, more than double Germany’s 11% rate, pointing to a market where digital assets have steadily become part of mainstream financial […]

Bitcoin Is Now Calmer Than South Korea’s AI-Driven Stock Market

Bitcoin (BTC) posted lower return volatility than South Korea’s benchmark stock index this year, Bloomberg data shows. A national stock gauge just out-swung crypto’s most-watched asset. By comparison, the KOSPI’s daily returns swung 63% from their average pace this year. Bitcoin’s swung just 48%. Two chipmakers integral to the South Korean market are driving the […]

Saudi Arabia may sell US Treasuries if US strikes Iran

Saudi Arabia’s potential financial maneuver could destabilize U.S.-Saudi relations and complicate future U.S.-Iran diplomatic efforts. The post Saudi Arabia may sell US Treasuries if US strikes Iran appeared first on Crypto Briefing.