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USDKRW has extended its daily drop to 0.6%....>

KOREA
KOREA: USDKRW has extended its daily drop to 0.6% as it closes the gap left at
Monday's open to trade at 1122.20 last. The won's rally comes amid a continued
recovery in the Kospi and an uptick in bond yields as risk appetite returns.  
- This has also been reflected in the drop in 10-year CDS spreads which are
trading back near multi year lows, having almost completely shrugged off the
recent surge in US corporate yields. 

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