WPX
10K posts

WPX
@WPXX2020
A Market watcher. Forex, Commodities, Cryptocurrency, Stocks and a Good Life Enthusiast. Dream Very High is the Motto😌

Worst FX year-to-date in Asia: Indian rupee -5.6% Indonesian rupiah -4.2% Philippine peso -4.2% Okay, so what you say? Well AUD is up 8.5% and MYR is up 2.8% and the CNY is up 2.4%. So this is not just a dollar strength story but relative weakness.

The Philippines April inflation rose sharply to 7.2%YoY on rice and fuel price hikes. We had predicted that this would be the most vulnerable country in Asia due to its deficits of energy and food. We expect further hikes for the BSP even as demand slows from higher prices. Divergence is widening in Asia and the Iran War and AI are widening it.








New Zealand Police have been slammed after photos emerged of officers donning Sikh headwear and lining up to bow inside a temple in Auckland. "So pathetic and weak" noticer.news/new-zealand-po…




Chilling anti-Indian details surface in Rana lawsuit against JPMorgan and Lorna Hajdini. Hajdini told Rana: “JPMorgan will not support you if you expose me. I’m a senior woman. I can control the narrative about you. No one will believe you.” “If you let me into the apartment, I can promise you a promotion to Executive Director. It’s all about keeping the seniors happy. That’s just how it works.” Hajdini made prior remarks about JPMorgan’s bias against Asian and Indian employees, including: “Jay Droogan is tired of all these Asians and Indians taking up space, especially on the Strategy side. Leadership on the IB side will remain white—that’s why they hired the white guy to head up Tech LevFin from Goldman.” She sent the LevFin group a video titled “eat the cat,” then told Rana she wanted him to eat her "pvssy box." Hajdini also shared an image of the Citigroup CEO (Jane Fraser) with an Asian man. Shortly after, she whispered to Rana: “This will be us one day... just fall in line, Brownie. Know your role.” In or about July 2024, while riding the subway with LevFin team members en route to drinks in Brooklyn, Hajdini groped Rana’s crotch without his consent. On September 9, Rana, Witness 1, and his wife received a series of threatening text messages. One message to Witness 1 read: “Stop trying to help your [family member]” and “Don’t forget... We know where you both live.” Hajdini conveyed to Rana Mr. Graffeo’s stated motive in hiring decisions, telling him that Mr. Graffeo would only hire “white Catholic and Christian males.”
























