DXY & Forex

Wildberries and Ozon will begin accepting the digital ruble in Russia in the coming weeks, representatives of the marketplaces told the RIA Novosti and Prime news agencies. Ozon will launch a test mode on September 1 alongside other payment methods, while Wildberries said it is acting in accordance with the requirements of the Bank of Russia and current regulations. The digital ruble system has been under development for several years: the first real transactions began in 2023, while its launch

Mark Zandi, chief economist at Moody's Analytics, forecasted that US Treasury yields will continue their upward trajectory. On the 23rd, Zandi stated via X (formerly Twitter) that the 10-year US Treasury yield has approached its highest level since the global financial crisis, attributing the rise t

According to Mark Zandi, chief economist at Moody's Analytics, U.S. 10-year Treasury yields approached 4.75% on August 23, their highest level since the 2008 financial crisis. Zandi attributed the rise to three main factors: the Iran-Israel conflict fueling inflation concerns, the Federal Reserve's

U.S. stock futures traded mixed late Sunday night, with Dow futures up 0.04%, S&P 500 futures up 0.05%, and Nasdaq-100 futures down 0.07% at 10:31 PM EDT. The movements came as investors awaited a Monday announcement of Iran sanctions by U.S. Treasury Secretary Scott Bessent, who posted over the

According to Jin10, on August 24, one-week CNH HIBOR fell to 1.39379% on Monday, touching its lowest level since June 8. Overnight HIBOR rose 1 basis point to 1.37970%, while two-week HIBOR declined to 1.42758%, the lowest since July 31. One-year HIBOR held steady

Deutsche Bank's foreign exchange research head George Saravelos issued a report on the 23rd (local time) characterizing US Treasury buybacks and the Foreign and International Monetary Authorities (FIMA) repo facility as financial repression policies. Saravelos stated both mechanisms aim to

According to Deutsche Bank's George Saravelos, U.S. Treasury buybacks and Foreign Official Institution (FIMA) repos are both forms of financial repression aimed at suppressing long-term interest rate increases, according to a report on August 23. Financial repression typically involves government ac

According to Marketwatch, the U.S. 10-year Treasury yield rebounded approximately 5 basis points to 4.69% on Thursday (August 24), while the 30-year yield climbed to 5%, touching its highest level since 2007. This reversal followed the Treasury Department's announcement on Wednesday of expanded

Overnight SHIBOR fell to 1.4190%, down 1.50 basis points. The 7-day SHIBOR rose to 1.4320%, up 0.64 basis points, while the 3-month rate remained unchanged at 1.4300%.

The crypto market will see a series of key U.S. economic data releases this week: on Wednesday, the July Personal Consumption Expenditures (PCE) Price Index (forecast to increase 0.1% month over month and 3.6% year over year) and the annualized Q2 GDP growth rate will be released, while Fed Chair Kevin Warsh will also deliver a speech at the Jackson Hole symposium that day; on Thursday, initial jobless claims for the week ending August 22 will be released. This Week’s Key Economic Data Release C

Four major South Korean commercial banks attempted bond issuances on the 21st ahead of the Bank of Korea Monetary Policy Committee meeting, but only Hana Bank successfully secured investor demand. The failed issuances reflect heightened caution in the credit market as investors anticipate

Ray Dalio, founder of hedge fund Bridgewater Associates, warned on the 22nd (local time) about fiscal and debt problems across major economies, forecasting relative strength for assets not issued by governments such as gold and Bitcoin. Dalio posted on X an article titled 'How Countries Go Broke:

According to Herald Economics reporting, U.S. government and AI hyperscaler companies have sharply increased bond issuance in recent weeks, pushing long-term interest rates to 19-year highs. The U.S. national debt reached $40.047 trillion as of August 18, while hyperscaler corporate bond issuance

According to Ray Dalio, founder of Bridgewater Associates, on August 22, major economies including the U.S., UK, EU, China, and Japan face similar debt and fiscal deficit challenges. In a statement on X, Dalio warned that most economies will experience currency depreciation and debt adjustments.

The Nikkei 225 rose 87.74 points (0.13%) to 66,104.10 as of 9:09 AM on the 24th, reversing an initial decline despite weakness in US semiconductor stocks. The Topix gained 9.86 points (0.24%) to 4,077.15. The rebound followed bargain buying and yen depreciation support, even as the Philadelphia

South Korea's foreign exchange market is experiencing strong dollar inflows. FX swap point spreads have narrowed to their lowest level in four years and four months, reflecting tightening short-term dollar funding conditions. The Korean won to U.S. dollar exchange rate has declined for seven

People Power Party lawmaker Yoo Sang-beom criticized South Korea's National Pension Fund rebalancing suspension during a Budget and Accounts Special Committee session on the 24th, calling the measure "deformed" and demanding document submission from the Ministry of Health and Welfare. The lawmaker s

According to Jin10, gold prices hit their highest level in over three months on August 24, supported by dollar weakness. Markets are focused on the U.S. July PCE price index and Federal Reserve Chair Powell's speech at the Jackson Hole symposium later this week, which could provide new clues about i

According to Jin10 Futures citing CFETS-NEX data, as of 10:15 on Aug 24, the market-wide yuan funding sentiment index reported 55, down 2 points from 08:45. Large banks' index stood at 54, mid-sized banks at 57, and non-bank institutions at 53, each declining 2 points. Readings above 50 indicate

According to BlockBeats, Fed Chair Powell will make his debut as chairman at the Jackson Hole Economic Symposium on Friday (August 29), with markets hoping his speech will clarify the Federal Reserve's policy framework after recent reductions in forward guidance. More than 60% of surveyed