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SOUTH KOREA: Country Wrap: A Surprise Bump in Consumer Confidence.

SOUTH KOREA
EM BulletBulletSouth KoreaAPACEmerging Market News
  • Despite the ongoing Political disruption in Korea, consumer confidence is on the rise rising to 91.2 in January from 88.2 in December. (source: MNI – Market News)
  • The financial regulator said Wednesday it is working to create a new fund to help boost industrial competitiveness amid concerns about the impact of the Donald Trump government's policy measures. (source: Yonhap).
  • The KOSPI had a strong day as Trump’s focus on AI sent the index up +1.16%
  • KRW:  the won did very little today, steady at 1,435.89.
  • Bonds:  yields were mixed across the curve with the 10YR +1.5bp higher at 2.833%. 
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  • Despite the ongoing Political disruption in Korea, consumer confidence is on the rise rising to 91.2 in January from 88.2 in December. (source: MNI – Market News)
  • The financial regulator said Wednesday it is working to create a new fund to help boost industrial competitiveness amid concerns about the impact of the Donald Trump government's policy measures. (source: Yonhap).
  • The KOSPI had a strong day as Trump’s focus on AI sent the index up +1.16%
  • KRW:  the won did very little today, steady at 1,435.89.
  • Bonds:  yields were mixed across the curve with the 10YR +1.5bp higher at 2.833%.