December 06, 2024 05:20 GMT
SOUTH KOREA: Country Wrap: KRW Down 1.5% on the Week.
SOUTH KOREA
- Key Ally of South Korea’s Leader Now Wants Him Gone in Shift (source: BBG)
- South Korean Finance Chief Calls Recession Fears ‘Excessive’ (source: BBG)
- The KOSPI is completing a horrible week given the political turmoil and is down -0.65%
- KRW is on track to finish the week down -1.5% on political turmoil.
- Bonds are factoring in rate cuts sooner with yields lower. 2YR 2.77% (-1bp) and 10YR 2.744% (-1bp).
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