DXY & Forex

According to China's central bank, today the institution conducted a 2 billion yuan 7-day reverse repurchase (repo) operation. The bid amount totaled 2 billion yuan and the successful bid amount reached 2 billion yuan. The operation rate remained at 1.40 percent, unchanged from the previous operatio

AI hyperscalers' continued fundraising and France's ongoing fiscal instability are sustaining global credit market pressures this week, according to NH Investment & Securities analysts Kim Jun-su and Lee Se-hyun in a report titled 'Large-scale AI Fundraising and Continued French Fiscal

According to NH Investment Securities research published today, AI hyperscalers' continued fundraising and France's fiscal concerns are straining global credit markets. SpaceX announced plans to raise $30 billion in investment-grade bonds and $10 billion in bank loans to fund Nvidia chip

The yuan's central parity rate against the US dollar strengthened by 37 basis points to 6.7330 yesterday, marking its highest level since February 2, 2023.

According to Jin10, on October 9, Japan's government announced it will restart a fiscal spending review and expand scrutiny over government-sponsored funds and subsidy programs to fund Prime Minister Takaichi Sanae's costly policy commitments. The initiative, modeled after the U.S. DOGE framework, p

According to Jin10 Futures, the CFETS-NEX RMB liquidity sentiment index rose to 50 as of 08:45 on October 9, up 3 points from 16:00 yesterday. Among major banks, mid-tier banks, and non-bank institutions, the sentiment indices stood at 47, 50, and 52 respectively, each rising 3 points.

According to CCTV, on October 8, the People's Bank of China released its policy stance on the yuan exchange rate. The PBOC operates a managed floating rate system based on market supply and demand, with the exchange rate determined by market forces. The bank does not preset exchange rate targets or

On October 9, Japan's 30-year government bond yield fell 5.5 basis points to 4.065%.

According to the IMF, Bank of Japan Governor Ueda Kazuo has been invited to speak at the IMF Central Banking Lecture Series on November 6. Following his presentation, Ueda will participate in a dialogue with IMF Managing Director Kristalina Georgieva, according to the IMF official

According to Citi economist Kim Jin-wook, South Korea's August current account surplus reached $46.11 billion, marking the highest level since May 2010, as domestic dollar supply indicators surge to 16-year highs. The merchandise trade surplus contributed $46.81 billion, with Korea recording three c

Japan's 10-year government bond yield fell 4.5 basis points today, closing at 3.035%.

The Korean won maintained relative strength against the Japanese yen despite a global dollar rally, with the JPY-KRW exchange rate falling to 844.04 won per 100 yen on the 7th, marking its lowest level since January 2008, according to Yonhap Infomax. The exchange rate dropped over 120 won in three m

The yield spread between South Korean and Japanese 10-year government bonds narrowed significantly over approximately one month, shrinking from 156.23 basis points on the 11th of last month to 130.42bp on the previous day, according to bond market data. The 26bp reduction reflects Japanese governmen

According to Yonhapinfomax on October 9, the yen-won exchange rate hit 844.04 won per 100 yen on October 7, marking its lowest level since January 2008. The rate has fallen over 120 won from around 970 won in early July. South Korea's September exports reached $120.94 billion, up 83.5% year-over-ye

According to Yonhapinfomax, the yield spread between South Korea and Japan's 10-year government bonds narrowed to 130.42 basis points on October 8, down from 156.23bp on September 11, marking a contraction of approximately 26bp within a month. The decline reflects a sharper increase in Japanese bond

According to Yonhapinfomax, the dollar-won NDF 1-month contract rose to 1,341.10 won (MID) overnight on October 9, up 3.40 won from Seoul's previous spot close of 1,338.50 won after adjusting for the 1-month swap points. The dollar weakened after U.S. President Donald Trump signaled a softer

The USD-KRW exchange rate rose to the mid-1,340 won range, driven by custody dollar buying, rising international oil prices, and global dollar strength. At 6 AM, the rate traded at 1,344.00 won, up 5.50 won from the previous Seoul trading day close of 1,338.50 won. The increase occurred despite a la

According to South Korea's central bank data, the USD-KRW exchange rate rose to 1,344.00 won on Oct 9 morning, up 5.50 won from the previous Seoul close of 1,338.50 won. The pair peaked at 1,346.00 won during London trading hours, driven by strong global dollar sentiment and rising international

Japan's all household spending declined 3.1% year-over-year in August, surpassing the forecast of 3.6% decline and matching the previous month's reading of 3.6%.

Korean government bond futures rose in overnight trading on October 9, driven by strength in US Treasuries. The 3-year KTB futures contract closed 16 ticks higher at 102.66, while the 10-year contract gained 51 ticks to finish at 104.91. The rally followed declines in US Treasury yields, with the 10