Trading education: do not confuse location with direction
investingLive Asia-Pacific FX news wrap: Drone attack on Oman raises the stakes ... meanwhile Kospi hit hard
An explosion near single-buoy mooring berths at Oman's Mina al Fahal crude terminal on the Gulf of Oman has forced a suspension of oil loading, according to two people familiar with the matter. Alleged drone attack.
RBA Deputy Governor Andrew Hauser speaks at a Sydney fireside chat on Australia's economic outlook, with markets watching for any signal on the path of rates after a hawkish week for RBA rhetoric.
PBOC sets USD/ CNY reference rate for today at 6.8157 (vs. estimate at 6.7735)
South Korean markets hammered. KOSPI off 6%, won at a 17 year low vs. USD
Japan's finance minister renewed an intervention warning as the yen tested 160 per dollar, while a record drop in May foreign reserves suggests Tokyo may already have acted again.
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