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Nomura: Trump's Remarks Fail to Ease Tensions; Asian Currencies Against USD May Weaken
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US President Donald Trump said that the US will launch an extremely severe strike against Iran in the next 2-3 weeks, but did not offer any specific proposals regarding the reopening of the Strait of Hormuz. Robert Subbaraman, Head of Global Markets Research at Nomura, said that Trump’s remarks did not send the clear signal of de-escalation that the market had hoped for, according to Chinese media. Asian currencies against USD may weaken, and if the fluctuations become too rapid, central banks may step up their intervention efforts, which could put upside pressure on treasury yields, Subbaraman added. Auto-translated by AI AASTOCKS Financial News |
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