September 20, 2024 02:54 GMT
KRW: USD/KRW: In Line with Yesterday’s Close – Bond Yields Lower.
KRW
- USD/KRW is at 1,330.75 in Seoul morning; versus yesterday's close of 1,329.05.
- USD/KRW has finished the week modestly lower than last Friday’s close of 1,333.55.
- Bloomberg Asia dollar spot index is up 0.16% at the open and the Bloomberg Dollar spot index flat.
- USD/KRW one-month implied volatility is down this morning to 8.4450%, versus 8.4750% yesterday’s close.
- Korea's 10-year bond yield is flat on yesterday’s close at 2.997%, with short dated bond yields moving lower.
- Korea 5 yr USD CDS is at 31bps (yesterday close 31bp, 5-year low 17bp in 2021).
Headlines
- Government to hold weekly meeting to review housing market as data showed that Seoul apartment prices rose 1.27% in Aug., biggest increase since 2018 (source BBG).
- Investors in Korean Bonds See BOK Pivot Coming Into Focus (Source: BBG)
Data Releases
- None
- Next week: Exports, Imports, PPI, Consumer Confidence, Retail Sales
Government Bond Auction
- None
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