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KOREAN WON: USDKRW has opened broadly flat around the 1124 level, remaining in
the centre of its range, while KRWJPY remains above its 21-dma despite this
level coming under pressure again today.
- National Assembly Speaker Moon Hee-sang and heads of four rival political
parties have flown to Washington for a week-long meetings with U.S. counterparts
ahead of the second summit between President Trump and North Korean leader Kim
Jong Un. This comes after the US and South Korea signed a preliminary deal to
share the cost of the U.S. troop presence in the country Sunday.
- It is a quiet day and week on the data front, while cabinet reshuffle is
expected this week according to Yonhap News.