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SOUTH KOREA: Country Wrap : BOK Chief Projects Slower Growth. 

SOUTH KOREA
EM BulletBulletSouth KoreaAPACEmerging Market News
  • Suspended South Korean President May Appear in Impeachment Trial (source: BBG).
  • Market Chatter: Bank of Korea Chief Projects Slower-than-Expected Economic Growth in 2024, 2025 Amid Political Turmoil (source: BBG).
  • S. Korea to Take Extra Steps on Excessive Market Volatility (source: BBG)
  • Korea’s KOSPI’s challenging times are not over following the FED overnight and is down -1.50% today.
  • KRW:  the Won has traded heavy all day today, down -0.75% at 1,449.15.
  • South Korean markets have moved significantly lower in yields in recent weeks given the political turmoil and some of that has unwound today with the 10YR  +4.5bps to 2.806%. 
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  • Suspended South Korean President May Appear in Impeachment Trial (source: BBG).
  • Market Chatter: Bank of Korea Chief Projects Slower-than-Expected Economic Growth in 2024, 2025 Amid Political Turmoil (source: BBG).
  • S. Korea to Take Extra Steps on Excessive Market Volatility (source: BBG)
  • Korea’s KOSPI’s challenging times are not over following the FED overnight and is down -1.50% today.
  • KRW:  the Won has traded heavy all day today, down -0.75% at 1,449.15.
  • South Korean markets have moved significantly lower in yields in recent weeks given the political turmoil and some of that has unwound today with the 10YR  +4.5bps to 2.806%.