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Logica Capital July 2023 Commentary

Yen Option Traders Unfazed by Risk of Intervention From Japan

(Bloomberg) The yen may have slumped to within a whisker of levels that saw Japan intervene in the currency market last year, but options traders see little need to prepare for a jolt from authorities in Tokyo.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapT

Market Positioning On Walmart Before Earnings - Walmart (NYSE:WMT)

One of the most iconic books on business out there is Sam Walton Made in America. As you finish the book, you get the following takeaways. Sam Walton was extremely consistent, committed to his customers and had alway an eye on price. He was obsessed with getting the best deal for his customer. 

Bitcoin crosses $30k yet again

Bitcoin's resurgence past $30,000 rattles short sellers and triggers profit-taking. Whales go long yet again, and Implied Volatility declines.

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