Global TradFi & Macroeconomics

Focus on price action and volatility across stocks, bonds, forex, commodities, and major indices. Analyze macro indicators like interest rates, inflation, employment, and policy expectations to decode global liquidity shifts, risk sentiment, and cross-market correlations.
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Japan’s $97 billion intervention to support the yen is losing steam, while risks of a Bitcoin carry-trade unwind are emerging.

As of August 28, the yen had fallen as low as 160.16 yen per $1, giving back more than half of the ground it had recovered after Japan’s intervention the previous month. Japan used 15.4 trillion yen to support its currency between July 30 and August 26. The yen’s decline has also heightened the risk of a carry trade reversal: if investors who financed positions with yen are forced to close those positions because the yen appreciates, they may also sell risk assets such as Bitcoin. Scale of Japan
ETH1.91%
Bisc·08-31 02:36
日本970億美元撐匯效果衰退引發比特幣套息平倉風險浮現