Market Focus Analysis: Pulse Focus 1: U.S. Treasury Secretary Yellen said an agreement on the Strait of Hormuz could be reached as early as Wednesday. According to two regional sources and a U.S. official, the United States, Iran, and Oman are nearing a temporary deal to reopen the Strait of Hormuz, with the U.S. planning […]
Market Focus Analysis: Pulse Focus 1: U.S. President Trump said late Saturday evening, Eastern Time, that the United States has postponed a new round of military strikes against Iran after Iran and other Middle Eastern countries stated they were pushing for an agreement that could potentially reopen the Strait of Hormuz. Focus Insight: Trump has […]
Market Focus Analysis: Pulse Focus 1: The U.S. June PCE annual rate was 3.7%, and the core annual rate was 3.3%, both down from previous levels, aligning with market expectations. Meanwhile, the U.S. second-quarter GDP came in at just 1.5%, significantly below the expected 2.1%. Focus Analysis: The PCE data declined as expected, further reinforcing […]
Market Focus Analysis: Pulse Focus 1: The Fed maintained interest rates at 3.5–3.75% at its July meeting, and Wash avoided answering reporters’ hawkish questions following the statement. Focus Analysis: No rate hike in July, and certainly not in September, as the midterm elections are approaching in November. Wash avoided answering questions about rising Treasury yields, […]
Market Focus Analysis: Pulse Focus 1: Iran launched another attack on U.S. military bases this morning, prompting a U.S. counterstrike. Earlier, Trump stated that negotiations with Iran had made progress; Iran also reported progress in talks with Oman regarding the joint management of the Strait of Hormuz. Focus Analysis: The news of a potential conflict […]
Market Focus Analysis: Pulse Focus 1: South Korea’s KOSPI index triggered another circuit breaker on Tuesday. The index fell by as much as 8% in early trading, triggering the circuit breaker and halting trading for 20 minutes. Earlier, the Korea Exchange had also briefly activated the KOSPI sidecar mechanism, suspending algorithmic sell orders on the […]
Market Focus Analysis: Pulse Focus 1: The U.S. has paused its continuous attacks on Iran. Iran also stated that it has made significant progress with Oman regarding operations in the Strait of Hormuz, leading to a substantial de-escalation of tensions in the strait. Focus Analysis: We mentioned in last Friday’s analysis that “both the U.S. […]
Market Focus Analysis: Pulse Focus 1: The European Central Bank decided to keep its three key interest rates unchanged, in line with market expectations. Subsequently, traders maintained their bets on the ECB, anticipating a 48-basis-point rate hike by year-end. Focus Analysis: The European Central Bank’s decision to keep interest rates unchanged has been interpreted by […]
Market Focus Analysis: Pulse Focus 1: USD/JPY broke above the 163 level and held above it. Yesterday, there was a brief indication of intervention, pushing prices down to around 162.60, but they quickly rebounded back above 163. Focus Analysis: In May, the Bank of Japan intervened in the foreign exchange market with over $70 billion, […]
Market Focus Analysis: Pulse Focus 1: U.S. Secretary of State Rubio: The United States remains open to the Middle East conflict, willing to engage, negotiate, and resolve differences. The problem we face is that the other side does not take negotiations seriously. Focus Analysis: We have previously explained that unless Israel re-enters direct conflict with […]