The Friday plummet in 'risk' is extending in early Asia trade.
The higher USD (a little higher) was noticeable earlier and that's carrying on.
The Friday plummet in 'risk' is extending in early Asia trade.
The higher USD (a little higher) was noticeable earlier and that's carrying on.
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Dow futures drop 300 pts on Iran fears; oil surges. Powell speech looms. Traders watch geopolitical risks.
NVDA's 15% pullback linked to oil prices. High energy costs threaten AI build-out & could spark recession.
Bank of Japan Governor Ueda says will closely watch FX moves (USD/JPY drops) Ueda acknowledges that the weak yen can raise inflation (of course)
After Tehran had weekend blackouts (strike hits) Trump ups the ante: wants Iran's oil Trump signalled a mix of escalation risk and cautious optimism on diplomacy
Trump says negotiations with Iran going extremely well, might get a deal soon, or not Thinks will make a deal pretty soon, or its possible that we won't. Yes, he really said that.
BoJ leans toward further hikes but flags oil-driven stagflation risks This reinforces a gradual tightening path for the BoJ.
USD reserve share hits 31-yr low! Central banks ditch dollars for gold & other currencies. Risk alert!
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