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SOUTH KOREA: Bond Wrap.

SOUTH KOREA
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  • The Bank of Korea could reduce its policy rate by up to 100 basis points to 2.50% by end-2025, Societe Generale economists Suktae Oh and Kiyong Seong write in a note (source: BBG).
  • The Bank of Korea said the foundation for price stability is firming up after inflation slowed more abruptly than expected, supporting the case for a policy pivot next week (source BBG).

  • KOSPI bucking regional trends to hold onto recent gains up 0.30% with yield curve steepening.

     

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  • The Bank of Korea could reduce its policy rate by up to 100 basis points to 2.50% by end-2025, Societe Generale economists Suktae Oh and Kiyong Seong write in a note (source: BBG).
  • The Bank of Korea said the foundation for price stability is firming up after inflation slowed more abruptly than expected, supporting the case for a policy pivot next week (source BBG).

  • KOSPI bucking regional trends to hold onto recent gains up 0.30% with yield curve steepening.

     

Keep reading...Show less