Gold surges, Hong Kong banks tumble, and Uniqlo hits another record - what’s really driving markets this week?

HSBC’s massive Hang Seng buyout shocks investors, while Wall Street buzzes over the “debasement trade” as commodities soar.

Michelle Martin and Ryan Huang unpack what’s behind gold at US$4,000, silver at US$50, and Asia’s shifting sentiment.

Plus: quick takes on PepsiCo, TSMC, Delta, Ferrari, Top Glove, and Fast Retailing.

From matcha trends to market turns - this is your morning market intelligence, hosted by Michelle Martin with Ryan Huang.