December 13, 2024 04:54 GMT
SOUTH KOREA: Country Wrap: Equity Losses Erased.
SOUTH KOREA
- South Korea Support for Yoon Hits Record Low Before Key Vote (source: BBG)
- S.Korea Lawmaker Cho’s Successor To Vote on Impeachment: Chosun (source: BBG)
- South Korea’s equity benchmark set to recover losses triggered by failed bid to impose martial law. (source: BBG)
- South Korea’s KOSPI was up 0.63% today and on track to finish the week almost 3% better, thanks to the injection of funds by authorities.
- KRW as broader USD trends add to the political uncertainty the Won was weaker on the week, down -0.70%
- Bonds: bond yields have given back some of the move lower in yield since the Political crisis unravelled and the 10YR today at 2.70%, up from Tuesday’s low of 2.64%.
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