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Federal Reserve Chairman Warsh: Higher inflation is unacceptable.
2026-07-15
Federal Reserve Chairman Warsh: Higher inflation is unacceptable.
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2026-07-14
In a report dated the 14th, the Bank of Korea flagged offshore non-deliverable forwards (NDFs) as a contributor to elevated won levels. It said foreign-investor average daily NDF turnover in Q2 reached $22.8 bln, up from $18.9 bln in Q1 (a $3.9 bln i
In a report dated the 14th, the Bank of Korea flagged offshore non-deliverable forwards (NDFs) as a contributor to elevated won levels. It said foreign-investor average daily NDF turnover in Q2 reached $22.8 bln, up from $18.9 bln in Q1 (a $3.9 bln increase), and accounted for 76% of concurrent domestic currency-hedging product volume ($30.0 bln). The bank noted NDFs, traded offshore to hedge USD-KRW exposure, can transmit night-time offshore moves into next-day onshore markets—a tail-wagging-the-dog effect—and warned looser offshore regulation raises vulnerability to speculative shocks.
2026-07-15
President Trump said Iraq possesses substantial untapped wealth.
President Trump said Iraq possesses substantial untapped wealth.
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