#关税
Latest developments: Fidelity International has just thrown a depth charge — Asian central banks are about to open the floodgates! As the US-China tariff war escalates, export-oriented economies like South Korea and Thailand are showing obvious signs of recession. The latest data shows:
Vietnam's June exports fell 14.3% year-on-year (previous value -8.9%)
Korean chip inventory hits a 45-month high
The Thai baht exchange rate has fallen to its lowest level since 2006
[Countdown to easing]
Fidelity report clearly states: Central banks in Asia have ample ammunition and are expected to take the following combined actions:
Interest rate cut: The Bank of Thailand has hinted at a 25 basis point cut in August
Currency depreciation: The Bank of Japan continues to allow the yen to depreciate
QE expansion: South Korea restarts its corporate bond purchase plan
(On-chain data support) The premium on USDT in Asian exchanges continues to rise, indicating that local investors are madly converting their local currency into stablecoins for hedging.
[Old Li's bold statement]
This round of easing will have three nuclear-level impacts:
Hot money in Asia will first surge into Bitcoin (2019 historical replay)
Under pressure of currency depreciation, stablecoins will become hard currency
Hong Kong crypto ETFs may see massive capital inflows
Key monitoring indicators
Bank of Japan interest rate decision on July 31
Bitcoin premium rate on the Korean Upbit exchange
USDT/THB offshore exchange rate
Now is the best time to position in Asian concept coins!
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