KRW and IDR Stay Weak Despite Falling Oil Prices
Korea's won and Indonesia's rupiah remain under pressure despite softer oil, as equity outflows and new central bank legislation weigh on both currencies.
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Strong US Jobs Report Sends Bonds and Stocks Lower
US nonfarm payrolls surged to 172K in May, nearly double estimates. Treasury yields jumped, stocks sold off, and rate cut expectations faded.
Micron Technology (MU) Elliott Wave Analysis: Bullish Path Ahead
Micron Technology shows a bullish Elliott Wave structure from its April 2025 low. Key targets sit at $1,159–$1,278, with full extension at $1,472.
BNY: Indonesia Rupiah and Korean Won Under EM Pressure
Indonesia's Rupiah weakens past 18,000 as officials push back on "Sell Indonesia" sentiment. Korean Won faces pressure despite a strong current account surplu