December 16, 2024 05:40 GMT
SOUTH KOREA: Country Wrap: Yoon is Impeached.
SOUTH KOREA
- South Korean leaders seek calm after Yoon is impeached
- South Korea’s Constitutional Court says it has begun its first meeting on the impeachment of President Yoon
- Yoon’s Fall Gives Nemesis Surprise Path Back to Lead South Korea
- Korea’s KOSPI had a very strong week last week, up +2.7% on the back of intervention by authorities. It is opening weaker today, down -0.35%.
- KRW has had a quiet day and is relatively unchanged from Friday’s close of 1,434.90
- Bonds: yields have taken the leads from other markets, moving higher in yield today, up 2-5bps across the curve. Korea’s 10YR 2.716% (+3.5bp)
97 words