USD/KRW last seen 4.15 fig. worse off....>

KOREAN WON: USD/KRW last seen 4.15 fig. worse off at KRW 1,168.75. The won has

drawn support from China's confirmation that parts of the text of the initial

trade pact with the U.S. are "basically completed."

- From a technical perspective, the YtD mid-point/200-DMA at KRW1,165.90/32

provide the initial downside targets. A break below would clear the way to the

low of Jul 2 at KRW1,161.05. Conversely, a rebound above the Jun 20/May 7 highs

of KRW1,173.75/90 would expose the Oct 23 peak at KRW1,176.50.

- South Korean parliament passed a post-Brexit free trade agreement with the UK.

- Elsewhere, Seoul has pushed for reviving a joint tourist project with North

Korea, proposing a face-to-face meeting to discuss the matter.

- Looking ahead, South Korean business confidence survey is due for publication

tomorrow. Local industrial output data hits on Thursday, while CPI, trade

balance and m'fing PMI will be released on Friday.