Flow-driven weakness with policy support – OCBC
OCBC Bank’s Sim Moh Siong and Christopher Wong note that Taiwan Dollar (TWD) remains on the back foot, with USD/TWD above 32, driven mainly by foreign equity selling and dividend/remittance-related US Dollar (USD) demand rather than weaker fundamentals. Authorities are encouraging quicker execution of large USD sell orders to mobilise natural supply, while exporter USD […]
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade Source link
Gold declines as Trump scraps Iran memorandum, markets await Fed minutes – Mitrade
Gold declines as Trump scraps Iran memorandum, markets await Fed minutes Mitrade Source link
Paradigm raises $1.2 billion fund to expand into AI and robotics
Paradigm raises $1.2 billion fund to expand into AI and robotics Source link
Undervaluation and BOK outlook aid won – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights an extended broad rally in South Korean Won (KRW) as Korean equities underperform, reducing rebalancing outflows. Haddad sees an encouraging outlook, with KRW about 11% undervalued on Real Effective Exchange Rates (REER) metrics and the Bank of Korea (BoK) poised to start hiking at its July 16 meeting. […]
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Oil Prices Test New Highs – FXEmpire
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Oil Prices Test New Highs FXEmpire Source link
