Daily Report · August 26, 2021

Morning Pulse 26/08/21

  • As expected market was volatile yesterday. Us markets however closed at all time highs.
  • Futures are slightly negative though
  • South Korea raised interest rates by 25bps in this pandemic era. USDKRW is up.
  • Currency market is muted. No action whatsoever in dollar. All are waiting for Fed comments in Jackson hole meeting.
  • I’ll probably go without any trade into the weekend, let the news flow get digested.
  • Today’s monthly expiry, monthly expiries behave the same way s the whole month’s trend. So it will be volatile.