State Street's head of trading for South Korea expects the South Korean won to stabilise in H2.

Andrew Left, founder of Citron Research and a high-profile short seller, was convicted by a U.S. federal jury in Los Angeles on securities fraud charges on Monday following a three-week trial and two days of deliberation. Prosecutors said Left used “explosive” social-media posts to move the share prices of dozens of companies and profited roughly $20m from those trades between 2018 and 2023. The verdict is a DOJ win in a white‑collar case brought during Trump’s presidency, though the investigation began under the Biden administration; during Trump’s term many similar prosecutions were dropped and some convicted defendants received pardons.

Fed's Hammack says he is monitoring multiple inflation indicators.