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KRW: USD/KRW Lower in Morning Trade as China Effects Still Being Felt. 

KRW
  • USD/KRW is lower at 1,328.95 in Seoul morning; versus yesterday’s close of 1,335.50.
  • Bloomberg Asia dollar spot index is up by 0.06% at the open and the Bloomberg Dollar spot index is 0.13% lower.
  • USD/KRW one-month implied volatility is down this morning to 8.1450%, versus 8.1575% close yesterday.
  • Korea's 10-year bond yield is at 3.029%
  • Korea’s 5 yr USD CDS at 31bps (yesterday close 31bp, 5-year low 17bp in 2021).

Headlines

  • Bank of Korea May Cut Before Housing Cools 100% (source: BOK Board Member Shin Sung Hwan).
  • Bank of Korea releases Oct. monetary stabilization bond issuance plan.
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  • USD/KRW is lower at 1,328.95 in Seoul morning; versus yesterday’s close of 1,335.50.
  • Bloomberg Asia dollar spot index is up by 0.06% at the open and the Bloomberg Dollar spot index is 0.13% lower.
  • USD/KRW one-month implied volatility is down this morning to 8.1450%, versus 8.1575% close yesterday.
  • Korea's 10-year bond yield is at 3.029%
  • Korea’s 5 yr USD CDS at 31bps (yesterday close 31bp, 5-year low 17bp in 2021).

Headlines

  • Bank of Korea May Cut Before Housing Cools 100% (source: BOK Board Member Shin Sung Hwan).
  • Bank of Korea releases Oct. monetary stabilization bond issuance plan.