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The Kospi has broken above resistance to......>

KOREA
KOREA: The Kospi has broken above resistance to trade near three-month highs at
3223.73, triggering a bullish technical pattern that suggests further gains. 
- This should benefit the won given the close correlations between the two
assets and the likelihood for higher stocks to put further upside pressure on
interest rate swaps. 
- 2-year swaps trade at daily highs of 1.9425% while USDKRW trades within range
at 1119.7. 

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