Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
KOREAN WON: USD/KRW has extended its drop as broader risk sentiment remains
positive. The latest update from China's health authorities suggested that the
rate at which new cases are being confirmed has slowed down. Worth highlighting,
however, that reports doing rounds on social media pointed to a change in
methodology, which might lead to the underestimation of the no. of new cases.
- South Korea released trade data for the first 10 days of February, which
revealed a surprising 69% surge in exports & 24% increase in imports, on a Y/Y
basis. The base effect was in play: readings were boosted by the fact that there
were 7 working days between Feb 1-10 this year vs. last year's 4.
- The rate sits at KRW1,184.15, 3.15 fig. lower on the day. Bears need it to
recede through the 200-DMA at KRW1,180.84 before targeting the Feb 6 low/100-DMA
at KRW1,177.90/1,176.62. Bulls look to the 50% retracement of the Aug 6 - Jan 14
sell-off at KRW1,186.88 & a break here would open up the 61.8% retracement of
that slide/Dec 4 high at KRW1,195.42/1.195.90.
- South Korea confirmed another coronavirus case, bringing the total no. to 28.
- The local unemployment data crosses on Wednesday.