🚨 Asia extends AI rally to 6th session. But the entire bid is oil-funded. • $KOSPI: +1.5% (Samsung +2.7%) • $TAIEX: +0.9% (near record) • $WTI: ~$89.56 (below 99 (6th straight loss) • USDJPY: ~157.60 (intervention zone) • Offshore yuan: ~6.6964 (3.5-year high) • Indonesia $JCI: -1.69% (BI decision today) The transmission chain: oil falls → inflation eases → yields drop → tech multiples expand. Chip stocks are leading on real AI adoption (Meta's Muse topping charts). But the yen is the tail risk. Japan closed, BoJ failed to deliver hawkish guidance, MoF already did rate checks. ¥158 is the trigger. If the rally is oil-funded, what happens when crude stabilizes?
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