Trump says he believes Iran's supreme leader has approved deal with US - Reuters
Trump says he believes Iran's supreme leader has approved deal with USReuters
Reuters
Daily Brief
EN → 한국어
Friday, June 12, 2026
Today's Brief
Today’s Key Insight
Global markets exhibited a robust risk-on rally in the prior session, fueled by the historic SpaceX IPO pricing and signs of easing Middle East tensions. Reports of a potential US-Iran agreement appear to have triggered a sharp sell-off in crude oil, while simultaneously compressing volatility and driving capital into tech equities. In South Korea, a surging KOSDAQ reflects this global tech optimism, though domestic regulatory actions against major e-commerce players and mounting political friction over real estate inflation present localized headwinds.
Market Overview
Korea. Based on the latest available data from June 11, South Korean equities posted solid gains, with the tech-heavy KOSDAQ surging 4.76% to track the broader US tech rally. Domestic corporate sentiment faces regulatory pressure after Coupang was hit with a record 624.7 billion won fine for data privacy violations, while political discourse is increasingly dominated by criticism of the current administration’s handling of surging Seoul apartment prices.
US. US equities closed sharply higher in the prior session, led by a 2.54% jump in the Nasdaq as the market digested the record-breaking SpaceX IPO. The broader risk-on sentiment was supported by falling Treasury yields and a 12.51% plunge in the VIX, suggesting investors are pricing in a more stable macroeconomic and geopolitical environment.
Cross-Market Signals
- Geopolitical Premium Deflation: Trump’s indication of a potential US-Iran deal likely catalyzed the 4.62% plunge in WTI crude oil as Middle East supply disruption fears eased.
- Tech-Driven Risk Appetite: The historic SpaceX IPO pricing appears to have injected significant momentum into high-beta assets, reflected in the Nasdaq’s 2.54% surge and parallel gains across major cryptocurrencies.
- Yield-Driven Gold Rally: A decline in the US 10-year Treasury yield and a softer Dollar Index provided a classic macroeconomic tailwind for Gold, which surged 3.51% despite the broader equity risk-on environment.
Markets as of 2026-06-11 close 🟢 Risk-On
VIX -12.5% ↓↓ · S&P 500 +1.8%
S&P Sectors
Tech +3.7%
Finance +0.8%
Health +0.8%
Energy -1.9%
Industrial +3.2%
Staples -0.3%
Utilities +0.1%
Real Estate -0.2%
Materials +3.3%
Comms +1.0%
Discretionary +2.5%
World
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Somali soccer referee denied entry to US for World Cup is welcomed home as a hero - AP News
Somali soccer referee denied entry to US for World Cup is welcomed home as a heroAP News
AP News
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Cuba hopes for World Cup respite from US sabre-rattling – but prepares for the worst
With some matches being held in nearby Miami, a Cuban response to US military action could mar the tournamentAsCubacrumbles under a nearly five-month-long US oil blockade, many on the island hope that theWorld Cupmight save the island from US attack – or at least offer a respite until the competition ends on 19 July.“The beginning of the World Cup will make it more difficult for the United States to carry out a military action in Cuba,” said Carlos Alzugaray, Cuba’s former ambassador to the EU. “Cuba is very close to the US, and can hit many targets inside the US, especially in south Florida, with drones or other weapons.”Continue reading...
The Guardian
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Jimenez and Quinones net as Mexico beat South Africa in World Cup opener
World Cup 2026 cohosts Mexico open the tournament with 2-0 win against South Africa, who were reduced to nine men.
Al Jazeera
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SpaceX prices record IPO that could make Musk a trillionaire
Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at US$135 each, placing SpaceX in the top 10 of Wall Street’s biggest companies with a valuation of just under US$1.8 trillion. It will be valued more than Musk’s own Tesla car...
SCMP
Korea
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Coupang Fined 624.7 Billion Won for Personal Data Leak, 'Largest Ever'
The Personal Information Protection Commission (PIPC) has decided to impose a total fine of 624.681 billion won on Coupang for a large-scale personal data breach last year. This is the largest fine ever imposed by the PIPC. On the 11th, the PIPC held a briefing at the Government Complex Seoul in Jongno-gu, stating that Coupang would be fined 624.681 billion won, combining 423.575 billion won for the personal data breach and 201.106 billion won for the unauthorized collection of user online activity records, along with an administrative fine of 16.8 million won. Coupang's subsidiary, Coupang Fulfillment Services (CFS), was also fined 248 million won. This fine is approximately 4.6 times larger than the 134.791 billion won imposed on SK Telecom in August last year. The PIPC determined that the personal information of approximately 37.56 million individuals, including 33.22 million members and 4.34 million non-members, was leaked due to violations of safety measure obligations, such as poor management of authentication signature keys and failure to detect abnormal traffic. Song Sang-hee, Chairperson of the PIPC, stated, 'This incident involved highly sophisticated hacking prevention...'
동아일보
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Oh Se-hoon: 'Lee's Real Estate Policy Eerily Similar to Moon Government's Failures'
Seoul Mayor Oh Se-hoon criticized the Lee Jae-myung administration's real estate policy, stating it 'eerily resembles the history of policy failures of the past Moon Jae-in administration.' On the 11th, Mayor Oh posted on his Facebook, saying, 'The failure of regulations that slowly deteriorated over five years...'
네이버뉴스
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Oh Se-hoon: 'Must Stop Path to Real Estate Disaster'... Urges Lee Administration to Change Policy
This is statistical data comparing graphs of the real estate policies of the Moon Jae-in and Lee Jae-myung administrations side-by-side, and the Seoul apartment price increase rates one year after the inauguration of each administration. According to this data, the Seoul apartment price increase rate one year into the Lee Jae-myung administration was 14.73%...
한국경제
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'My Pick is Negative... Rent Anxiety, What Happened Under This Government' - Exploring Seoul's '2030 Voter Sentiment'
'My Pick is Negative... Rent Anxiety, What Happened Under This Government' - Exploring Seoul's '2030 Voter Sentiment'. Main text Politics Election. 'My Pick is Negative... Rent Anxiety, What Happened Under This Government' - Exploring Seoul's '2030 Voter Sentiment'. Reporters Kim Chae-woon, Jo Hee-yeon. Revised 2026-06-12 07:10. Expand to read article. Your browser does not support the audio element.
한겨레