Türkiye will be sworn in as the new Federal Reserve Chairman at 11 p.m. tonight. Foreign media reports that Türkiye has almost liquidated its US Treasury holdings to support its currency!

· Samsung Electronics' shareholder group claims the wage agreement reached with the labor union is invalid and will apply for an injunction if approved. This news is a short-term positive for Samsung. · US media reports that the US will provide $2 billion in funding to nine quantum computing companies and is considering equity investments. This news is positive for quantum computing concept stocks. · To support its currency, Turkey virtually liquidated its holdings of US Treasury bonds in March. This news is a short-term negative for the US dollar.

TOPONE Markets Analyst

2026-05-22 08:30:00