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KRW: USD/KRW Lower as China Stimulus News Sweeps Markets in Asia.    

KRW
GlobalEM BulletBulletSouth KoreaAPACEmerging Market NewsRegion
  • USD/KRW is down at 1,326.65 in Seoul morning; versus yesterday's close of 1,331.30.
  • Bloomberg Asia dollar spot index is up by 0.10% at the open and the Bloomberg Dollar spot index is 0.11% lower.
  • USD/KRW one-month implied volatility is up this morning to 8.1050%, versus 7.95% yesterday’s close.
  • Korea's 10-year bond yield is trading at 3.05%
  • Korea 5 yr USD CDS at 31bps (yesterday close 371bp, 5-year low 17bps in 2021).

Headlines

  • Consumer sentiment down for second month in September (source: Yonhap).
  • Consumers expect housing prices continue to rise (source:  Bank of Korea)
  • South Korea's producer prices fell in August, brought by a decrease in coal and petroleum prices.  The PPI slipped by 0.1% month on month, on a year-on-year basis rose by 1.6% (source: BOK).

Data

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  • USD/KRW is down at 1,326.65 in Seoul morning; versus yesterday's close of 1,331.30.
  • Bloomberg Asia dollar spot index is up by 0.10% at the open and the Bloomberg Dollar spot index is 0.11% lower.
  • USD/KRW one-month implied volatility is up this morning to 8.1050%, versus 7.95% yesterday’s close.
  • Korea's 10-year bond yield is trading at 3.05%
  • Korea 5 yr USD CDS at 31bps (yesterday close 371bp, 5-year low 17bps in 2021).

Headlines

  • Consumer sentiment down for second month in September (source: Yonhap).
  • Consumers expect housing prices continue to rise (source:  Bank of Korea)
  • South Korea's producer prices fell in August, brought by a decrease in coal and petroleum prices.  The PPI slipped by 0.1% month on month, on a year-on-year basis rose by 1.6% (source: BOK).

Data

Keep reading...Show less