Bank of Korea suspected of buying USD against the KRW
The won has been on a surge lately, along with many Asian currencies - the BoK are in to take some of the heat out of it.
more to come
The won has been on a surge lately, along with many Asian currencies - the BoK are in to take some of the heat out of it.
more to come
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Japan’s election could hand PM Takaichi a strong mandate, but markets remain focused on fiscal risks from proposed tax cuts. The outcome may stabilise politics, yet leave the yen and JGBs sensitive to funding clarity and BoJ policy limits.
Lean hog futures dipped 7-70 cents on weak exports. Pork cutout value rose, but hog slaughter lags last year. Watch for supply shifts.
Corn futures dip 5-6 cents as cash prices rise. Export sales down 36.8% WoW. Brazil exports also lower YoY.
Bitcoin plunges 14% from $73K, triggering $1.4B liquidations. Analysts warn of a potential drop to $38K amid macro pressures.
Bitcoin, Ether bounce in Asia, swings continue The wild ride in crypto continue, just an update
US “leave Iran now” warning resurfaces, but advisory dates back to January Although the advisory is not new, reminders of instability in Iran help sustain a geopolitical risk premium in oil markets
Bitcoin tests $60K support, down 16% weekly, as tech selloff triggers risk-off; Ether dumps 17%.
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