Banks
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South Korean Won: Support cluster near 1,464/1,461 – Societe Generale
Societe Generale’s technical team notes USD/KRW failed twice to break above the June high around 1,561, triggering a deeper decline…
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China: National team support shapes flows – BNY
BNY’s Geoff Yu highlights how China’s regulators and state-backed funds have stepped in to stabilize A-shares after global tech deleveraging…
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Chinese Yuan: Upside bias holds near 6.7600 against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang notes that USD/CNH retains a downside bias in both the 24-hour and 1–3 week…
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Fed: Guidance, reaction function and rates – BNY
BNY Markets strategists John Velis and David Tam discuss new Federal Reserve (Fed) task forces and focus on the Communications…
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Oil: Hormuz risk repricing lifts prices – Rabobank
Rabobank’s Michael Every highlights a sharp Oil rally ahead of United States (US) Consumer Price Index (CPI) and Fed Chair Warsh’s testimony,…
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New Zealand Dollar: Gulf re-escalation favours Kiwi outperformance – ING
ING strategist Francesco Pesole notes that the New Zealand Dollar is the best-performing G10 currency since early week, boosted by…
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Japanese Yen: Domestic savings shift aids JGBs and JPY – MUFG
MUFG’s Lee Hardman notes Japanese government bond yields have fallen despite higher global yields, with Japanese Government Bonds (JGBs) supported…
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US Dollar: Tailwinds build as oil and Fed reprice – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note the US Dollar (USD) has strengthened broadly on higher Oil prices,…
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Fed presents its semi-annual report. Stocks are expensive but no bubble?
Only days before Kevin Warsh’s first congressional testimony as Fed Chair, the Federal Reserve has published its semi-annual report on…
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Indonesian Rupiah: Weakness risks persist – MUFG
MUFG’s Lloyd Chan highlights the Indonesian rupiah’s continued vulnerability as USD/IDR moved back above 18,000 amid renewed Middle East tensions…
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