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FOREX

Risk Sentiment Sours

US TSYS

Off Best Levels

JGBS

Better Bid

IDR

Rupiah Goes Offered Amid Omicron Worry

GOLD

Battle Lines Drawn Ahead Of NFPs

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The BoK marks its CPI forecasts for both '21 and '22 higher, to 2.3% & 2.0% from 2.1% and 1.5% respectively, although CPI is seen easing back below the Bank's 2% target in its initial '23 projections (1.7%). GDP growth expectations are unchanged for '21 & '22, at 4.0% and 3.0% respectively, with economic growth then expected to slow to 2.5% in '23.