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Monday, August 5, 2024

Asia Market Movers | Crypto update - BTC hovering just over US$53K, ETH is just above US$2280

Crypto update - BTC hovering just over US$53K, ETH is just above US$2280

The global rout has hit crypto as well. ETH/USD is now just above where to was to begin 2024: ps. ETH above 2300 now as I post... 

tranche

South Korea exchange triggered its 'sidecar' on Kospi futures

The 'sidecar' is a rule that lets the Korea Exchange (KRX, the operator of SK's bourse) halt futures trading of equities during periods of extreme market volatility. Triggered when the benchmark KOSPI... 

Japan chief cabinet secretary Hayashi closely watching market moves with sense of urgency

Japan chief cabinet secretary Hayashi Won't comment on daily share moves Closely watching market moves with a sense of urgency Share prices determined by various factors including economic situation,... 

Biden to convene National Security Council on Monday to discuss rising Mid East tensions

White Houses posts US President Biden's schedule for money. Notably: @ 2:15pm US Eastern time there is a Situation Room meeting with his national security team to discuss developments in the Middle Ea... 

China Caixin Services PMI for July 52.1 (prior 51.2)

China Caixin Services PMI rises to 52.1 in July, beats expectations of 51.4 Services PMI increases to 52.1 from 51.2 in June New business growth accelerates to solid pace Employment growth fastest in... 

tranche

Latest Forex Orders

FX option expiries for 2 August 10am New York cut

There isn't anything too significant on the board for today but there are some to be wary about. The first one is for USD/CAD at 1.3900, where the expiries are decent in size. It coincides with key re... 

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