DXY & Forex

Japanese stocks opened higher on August 28 morning, with the Nikkei 225 index rising 370.58 points (0.56%) to 66,502.56 as of 9:13 AM local time. The TOPIX index gained 26.46 points (0.64%) to 4,143.68. The gains followed optimistic earnings guidance from Nvidia that lifted Wall Street overnight, th

According to Yonhap Infomax, Japan's Nikkei 225 index rose 370.58 points (0.56%) to 66,502.56 as of 9:13 AM on Aug 28, while the TOPIX index gained 26.46 points (0.64%) to 4,143.68. The rally was supported by overnight optimism from Nvidia's earnings outlook on Wall Street, though Jackson Hole

According to Jin10 data, the Philippine peso broke the 1 USD = 62 PHP level on Friday, hitting a historic low of 1 USD = 62.25 PHP with a 0.6% decline. Traders are now watching for potential central bank intervention, with Sumitomo Mitsui Bank and Philippine China Bank previously marking 62 as a

KB Kookmin Bank economists projected on August 28 that the won will strengthen against the dollar as South Korea's central bank pursues rate hikes while the US Federal Reserve holds or cuts rates. The Bank of Korea raised its base rate to 3.00% with a 25 basis point increase at its August monetary p

Korean government bond futures opened lower on August 28, with 3-year futures falling 5 ticks to 103.46 and 10-year futures dropping 34 ticks to 105.99, according to Yonhap Infomax. The decline followed a slight rise in US Treasury yields overnight and market digestion of the September government bo

According to KB Kookmin Bank economists, South Korea's central bank raised the base rate by 25 basis points to 3.00% on August 28 in its second consecutive rate hike, citing preemptive response to inflation. The central bank also raised its economic growth forecasts for 2026

According to Okasan Securities economist Ko Nakayama, Tokyo's August consumer prices rose 1.9% year-over-year on August 28, up from 1.8% in July, reflecting mounting cost pressures from Middle East-driven oil price increases. Daily household goods including tissue paper, plastic bags, and food

Japan's Chief Cabinet Secretary Minoru Kihara said today that if additional budget measures are necessary, they should be limited to emergency situations only. The statement reflects the government's cautious approach to fiscal policy amid economic

South Korea's 91-day Certificate of Deposit (CD) rate surged 15 basis points to 3.120% in a single day following the Bank of Korea's August rate hike, its second consecutive monthly increase after July. The jump narrowed the spread with 3-month AAA-rated bank

Japan's Ministry of Internal Affairs and Communications reported that Tokyo's August core consumer price index (CPI), excluding fresh food, rose 1.8% year-over-year, exceeding the market expectation of 1.7%. The increase was slightly lower than the previous month's 1.9% rise. Tokyo's core CPI has re

According to Yonhapinfomax, South Korea's Korea Investment Corporation (KIC) held the 31st New York Financial Forum on August 27 at the Consulate General of Korea in New York, bringing together Korean financial professionals and local

According to Yonhapnews, on August 28, South Korea's CD (Negotiable Certificate of Deposit) rates surged 15 basis points to 3.120% following the Bank of Korea's back-to-back interest rate increases in July and August. The 91-day CD rate jump narrowed the spread against three-month bank bonds to

According to Japan's Ministry of Internal Affairs and Communications on August 28, Tokyo's core consumer price index (excluding fresh food) rose 1.8% year-over-year in August, exceeding market expectations of 1.7%. The core-core CPI (excluding fresh food and energy) increased 2.0%, unchanged from

South Korea's foreign exchange swap market is experiencing a dollar surplus and won shortage, which analysts say may become a variable at the Bank of Korea's October monetary policy committee meeting. The central bank raised its benchmark rate

Federal Reserve Chair Kevin Warsh faces calls from Wall Street experts to use his Jackson Hole symposium debut speech to clarify communication missteps from the July Federal Open Market Committee meeting. Former Dallas Federal Reserve President Robert Kaplan stated on '27일' through Yahoo Finance

UBS Asset Management diagnosed on the 27th (local time) that bond markets are pricing in factors beyond simple inflation. The asset manager explained through a company post that while recent declines in long-term interest rates and oil prices provided drought-breaking relief to bond markets, these p

According to former Dallas Fed President Robert Kaplan on August 27, Fed Chair Kevin Powell must explain the central bank's July decision when delivering his maiden Jackson Hole speech. Wall Street economists urged Powell to clarify policy communication after internal divisions emerged, with three d

According to Yonhap Infomax, on August 28, South Korea's foreign exchange market showed signs of won shortage amid persistent dollar inflows, with the arbitrage incentive index falling to -44 basis points—well below the 2020-2025 average of 44bp. The Bank of Korea noted that South Korea's

According to UBS Asset Management on August 27, the bond market is pricing in structural factors beyond inflation, with Federal Reserve uncertainty driving elevated risk premiums. The asset manager noted that recent declines in long-term rates and oil prices provided temporary relief but did not

According to Jin10, the People's Bank of China conducted reverse repo and medium-term lending facility (MLF) operations on August 28. The central bank injected 200 billion yuan in 7-day reverse repos and 3,330 billion yuan in overnight reverse repos, while 950 billion yuan in 7-day repos and 5,035 b