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BoK Becomes First Major CB To Hike Rates Post-Pandemic

SNAPSHOT

Below gives key levels of markets in the second half of the Asia-Pac session:

  • Hang Seng down 374.79 points at 25312.77
  • CSI 300 down 77.55 points at 4820.81
  • KOSPI down 16 points at 3129.88
  • U.S. 10-Yr yield down 0.5bp at 1.334%
  • China 10-Yr yield up 0.9bp at 2.87%
  • USD/CNH up 104 pips at 6.4804
  • USD/KRW up 2.85 at 1170.3
  • BBG/JPM ADXY Index down 0.14 at 107.41
  • PBOC INJECTS CNY 40BN VIA OMOS FOR SECOND DAY
  • BOK HIKES RATES 25BPS; ONE DISSENTER
  • TAIWAN TO ISSUE STIMULUS VOUCHERS TO EASE COVID IMPACT
  • BSP GOV DIOKNO: INFLATION TO SETTLE SLIGHTLY ABOVE TARGET IN 2021
  • SINGAPORE JULY INDUSTRIAL OUTPUT RISES 16.3% Y/Y; EST. +19.9%

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