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USDKRW is down 0.25% on the day..........>

KOREAN WON
KOREAN WON: USDKRW is down 0.25% on the day trading at 1126.7 as profit taking
takes place after a solid rally for the pair. Positive comments from Trump re
trade negotiations are supporting risk assets somewhat today, with the won
benefitting, in part due to the strong rally in the Chinese yuan.
- Korea's unemployment rate fell to 3.8% in November down from 3.9% in Oct which
is also providing support. Rate markets have responded positively with the
2-year gaining 1.7bps.
- KRWJPT has bounced strongly off its recent lows having failed to confirm a
close below the 200-dma, returning the near-term focus to the upside. 

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