DXY & Forex

The KOSPI index rose 1.65% to close at 7007.72 on the 21st, recovering above the 7000 level as institutions net purchased 1.4924 trillion won worth of shares. Individual investors sold 2.979 trillion won and foreign investors sold 171.9 billion won during the session. The rally was driven by institu

Emerging market investors have continued to favor local-currency sovereign bonds over dollar-denominated debt as U.S. Treasury yields surge. Since late June, Bloomberg's emerging market local-currency bond index has outperformed its dollar-denominated counterpart by more than 3 percentage points, on

According to News1, the USD/KRW exchange rate declined 2.3 won to 1,381.0 on September 21 as of 3:30 PM.

Following German state elections, German 10-year government bond yields fell 4 basis points to 3.48%, driven by the election outcomes and a decline in oil prices.

According to Jin10, foreign exchange options including euro, British pound, and Japanese yen will expire on September 21 at 10:00 PM Beijing time, with two strike prices featuring positions over 1 billion yuan each. Traders are advised to manage risk

According to Origo Group survey, Swedish money market participants expect consumer price index (CPIF) inflation to rise to 2.1% over the next 12 months, up from 2.0% projected in August.

According to Jin10 Futures, the Federal Reserve raised rates by 25 basis points to 3.75%-4.00% in its September FOMC meeting last week, marking the first rate hike since July 2023. U.S. core CPI rose 0.3% month-over-month in August, exceeding expectations by 0.1 percentage point, while PPI jumped to

According to Yonhap News Agency, the Bank of Korea launched a 24-hour offshore won settlement network pilot on Monday to support efforts to lower investment barriers for foreign investors.

The United States and China face sharply divergent interest rate environments as their technology sectors compete in artificial intelligence development. The US 10-year Treasury yield reached 5.0450% intraday on the 15th before settling near 4.9%, marking the first time above 5% since October 2023 a

According to Yonhapinfomax on September 21, U.S. 10-year Treasury yields hit 5.045% on September 15, marking the first time since October 2023 and only the second occurrence since 2007. Meanwhile, China's 10-year yields remain at 1.69%, creating a 330 basis point spread. The divergence reflects

According to Barclays economists in a report on September 21, the Bank of Japan has not yet formed clear views on the timing of its next potential rate hike. BOJ Governor Ueda appeared to deliberately mix hawkish and dovish rhetoric during last Friday's press conference to preserve future policy

Erik Nielsen, former Goldman Sachs Europe chief economist and UniCredit chief economic advisor, published a blog post on the 21st criticizing European nations for supporting the US fiscal deficit through Treasury purchases. Nielsen argued the US has become a high-risk debtor with fiscal deficits

According to Eric Nielsen, former chief economist at Goldman Sachs Europe and advisor to UniCredit, the U.S. has become a high-risk debt issuer on September 21. Nielsen wrote on his blog that American public debt exceeds 100% of GDP, with the fiscal deficit at 7% despite full employment, and is

Korean government bond yields rose modestly on the morning of September 21, with the 3-year benchmark climbing 2 basis points to 4.047% and the 10-year rising 4 basis points to 4.464% as of 11:10 AM local time. The increase followed rate gains in the US and Europe over the weekend. However,

According to Yonhap Infomax, on September 21 morning, South Korea's 3-year government bond yield rose 2 basis points to 4.047%, while the 10-year yield advanced 4 basis points to 4.464%. The gains were limited as crude oil prices fell in Asia, with October WTI (West Texas Intermediate)

According to Yonhap Infomax, the USD/KRW exchange rate traded at 1,386.30 won during morning session on Sept 21, up 3.00 won from the previous Seoul close of 1,383.30 won and up 0.80 won from New York's close of 1,385.50 won. The currency pair showed volatility as semiconductor and heavy industry c

The Graham Act has provided Donald Trump with a new economic tool against Russia and countries financing its energy sector. Passed on September 18, the legislation authorizes tariffs of up to 100% against major buyers of Russian oil and gas. The law divided Congress, with some lawmakers concerned about its impact on consumers and diplomatic relations. Expanding Sanctions Against Moscow After approval by both chambers of Congress, Donald Trump signed the “Lindsey O. Graham Russia and Iran Sanctio

Oxford Economics forecasts the Bank of Japan will raise interest rates twice more, in December and April, bringing the terminal rate to 1.75%. The projection follows BOJ's decision last week to increase its benchmark rate to 1.25%, driven by heightened core inflation risks from Middle East

According to Oxford Economics, the Bank of Japan is forecast to raise interest rates to 1.75% by April 2027, with additional hikes expected in December 2026 and April 2027. The central bank raised its benchmark rate to 1.25% last week. Oxford Economics attributed the rate hikes to rising core

According to Societe Generale analyst Jin Kenzaki, the Bank of Japan (BOJ) may raise interest rates at every other monetary policy meeting, with the terminal rate reaching 2% by June 2027. The BOJ raised rates on Friday. Following the decision, BOJ Governor Ueda Kazuo stated at a press conference th