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STIR FUTURES

Rare SOFR Futures Activity In Early Asia Trade

AUSSIE 10-YEAR TECHS

(U1) Needle Points North

US TSYS

Twist Steepening On Monday

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Executive Summary:

  • BoK on hold at 0.50%, decision not unanimous with one hawkish dissenter noted
  • Fourth wave of coronavirus noted, but not expected to derail recovery
  • Growth forecast maintained at 4.0%, inflation could overshoot target
  • August meeting time to discuss policy adjustment

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BoK Review July 2021.pdf