South Korea Vice Fin Min: Will keep highest form of caution for markets after Fed rate hike

South Korea Vice Finance Minister Choi Sang-Mok is crossing the wires last minutes, via Reuters, stating that Fed rate hike may be destabilsing factor for households, businesses if global rates rise quickly.

More headlines (via Reuters):

  • Will take mkt stabilising measures firmly
  • Will push to improve quality of household debt in wake of fed rate hike

WTI drops back on the Fed's hawkishness, however remains in bullish territory

WTI has dropped back as the dollar ripped on the Fed's hawkishness and stocks dropped, breaking consecutive days of gains as fears of a more aggressiv
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Hawkish Fed and the market's reaction - Westpac

Analysts at Westpac explained that the Fed finally delivered a second +25bp hike for this cycle, a year after initial lift off. Key Quotes: "There i
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