💱 환율·달러

실물 결제 없이 차액만 정산하는 환헤지 수단 “NDFs still account for around 80% of won forward trading, far above the global average of 21%, suggesting the onshore market has yet to fully supplant offshore alternatives.”

엔화 40년 저점의 핵심 메커니즘 “Speculative short positions on the yen have hit nine-year highs as the carry trade remains attractive.”

워시 첫 FOMC에서 점도표가 매파 충격을 준 장면 “Nine of 18 officials in the dot plot projected at least one rate hike this year, while Warsh himself declined to submit a dot.”

“인하는 물 건너갔고 인상까지 가느냐의 싸움”

BOJ 금리 인상으로 엔캐리 수익성이 줄어드는 중 “BOJ's hike to 1% narrows the US-Japan rate gap, squeezing the profitability of yen carry trades.”

SpaceX가 IPO로 모은 862억불이 바로 이것 “SpaceX's IPO gave it an $86 billion war chest and a public stock to deploy as acquisition currency.”

“현금 한 푼 안 쓰고 600억불 인수한 비결”

저금리 엔화를 빌려 고금리 자산에 투자하는 전략 “The yen carry trade is back in force, with the 300bp rate gap between the US and Japan encouraging speculative bets against the yen.”

“최후의 방어선”

기쁜 소식엔 토픽 자체에 건배 한 마디 “'Cheers to beer,' AB InBev CEO Michel Doukeris said of the promising results — the first quarterly volume growth in three years.”

Strategy CEO가 BTC 추가 매수를 시사 — 매력적인 가격대라는 판단인지, 주가 방어를 위한 talking his book인지 “When a CEO with billions in BTC hints at buying more, he's either seeing value — or talking his book.”