Date 8 Aug 24 (Thu) : Is Market Correction over?
- Ada Tam Ying Ying
- Aug 8, 2024
- 1 min read
BOJ debated further rate hikes in July, prompting hawkish shift
JPMorgan Says Carry Trade Unraveling Is Only Half Complete
The Federal Reserve will not let markets dictate a rate cut
Remark: The correction may not be over; given the BOJ may increase rate further, and Yen carry trade unwind is yet to be completed.
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