Onshore USD/KRW reopened a touch.........>

KOREAN WON: Onshore USD/KRW reopened a touch higher, but has shed gains since

and last sits a KRW1,190.90, little changed on the day. 

- South Korea's customs office reported trade data for the first 10 days of

June. Exports jumped 20.2% Y/Y and even as daily average exports fell 9.8% Y/Y,

their decline was smaller than the prior month.

- FinMin Hong spoke earlier today, noting that the gov't is planning to support

job creation by private firms. The gov't wants to quickly implement a KRW100tn

infrastructure spending package to boost corporate investment.

- A drop below yesterday's low of KRW1,190.15 would draw attention to Mar 11 low

of KRW1,186.40, followed by Feb 12 low of KRW1,176.40. Conversely, a rally above

the 200-DMA at KRW1,196.77 would bring Mar 27 low of KRW1,205.20 into play.

- South Korea's terms of trade come out on Friday.