The Asia setup looks positive because of US dollar weakness, broad Asian currency strength, reduced Fed hawkishness after Waller, and investor desire to refocus on equity stories; the semiconductor trade could get back on track after the momentum unwind cleared positioning.
The Asia setup looks positive because of US dollar weakness, broad Asian currency strength, reduced Fed hawkishness after Waller, and investor desire to refocus on equity stories; the semiconductor trade could get back on track after the momentum unwind cleared positioning.