DXY & Forex

The Bank of Korea removed the country-by-country foreign exchange reserves ranking table from its monthly press release on September 3. The central bank stated that absolute reserve rankings fail to accurately reflect a nation's external soundness and can generate market noise when rankings

According to Bank of Korea's official press release, the central bank discontinued its country-by-country foreign exchange reserve rankings on September 3 (for August-end data), citing that comparing absolute reserve sizes creates market noise rather than reflecting actual external soundness. The ra

Japan's 30-year government bond yield declined 10 basis points to 4.065% today (September 3).

US Special Envoy Steve Witkoff met with UAE National Security Advisor Tahnoon bin Zayed Al Nahyan (TBZ) last weekend on the Mediterranean island of Sardinia to discuss next steps for resolving the Iran crisis, Axios reported on the 2nd (local time) citing two sources. The meeting occurred days

According to Jin10, the CFETS-NEX yuan funding sentiment index stood at 47 as of 09:45 on Sept 3, unchanged from the previous day at 16:00. Indices for large banks, mid-sized banks, and non-bank institutions remained at 46, 48, and 46

Korean stock markets rebounded with over 1% gains at the opening after declining the previous day, as US Treasury yields stabilized. The KOSPI opened at 6,650.33, up 87.61 points or 1.33% from the previous trading day, while the KOSDAQ index started at 814.31, gaining 10.33 points or 1.28%,

According to Jin10, on September 3, Singapore Dollar exhibits a stronger inverse correlation with the U.S. dollar than any other Asian currency, positioning it as a potential regional outperformer if the dollar-weakness trade intensifies. Galvin Chia, an emerging Asia strategist at Societe

Japan's 20-year government bond yield fell 7 basis points to 3.815% today (September 3).

Stocks and bonds declined simultaneously since late last month, reversing their typical inverse relationship. KOSPI fell 3.8% while the 10-year Korean treasury yield rose 0.1 percentage point during this period. The simultaneous drop stems from rising oil prices, central bank monetary tightening, an

According to Yonhapinfomax, South Korea's Industrial Bank of Korea completed a $2 billion global bond offering on September 1-2, pricing fixed-rate notes at record-low spreads of 36-48bp over SOFR. The offering comprised $1 billion each of 3-year and 5-year tranches. The bank achieved zero

According to Chosun Ilbo, stocks and bonds fell simultaneously on September 2, with South Korea's Kospi index down 3.8% since late August and the 10-year Treasury yield hitting 4.818%, the highest level since November 2023. This breaks the traditional inverse relationship between the two assets.

Foreign investors made net purchases of 509.1 billion yen in Japanese bonds during the week of August 28, up from 435.2 billion yen the previous week.

According to Japan's financial data, the country's net purchase of foreign bonds for the week ended August 28 came in at negative 824 billion yen, indicating net sales rather than purchases.

NH Investment & Securities forecasted that the US 10-year Treasury yield could break through the 5% level as international oil prices and market interest rates rise following the resumption of armed conflict between the US and Iran. The brokerage published this analysis in a report titled 'US

According to Yonhapnews, USD/KRW hit a record low of 1,357.80 won early today (September 3) following a suspected rate check by Japanese authorities that sent the yen surging. The dollar-won pair fell 15.80 won from the previous session's close of 1,375 won. The market interpreted Japan's inquiry

According to ADP employment data released on September 2, U.S. private sector employment added 38,000 jobs in August, marking the lowest monthly gain since January and missing market expectations. Following the report, market expectations for a rate hike in September cooled slightly, with

South Korea's foreign exchange reserves reached $442.28 billion at the end of August, up $14.33 billion from July's $427.95 billion. The Bank of Korea reported on September 3 that the increase was primarily driven by a significant rise in foreign currency deposits at financial institutions,

In August, U.S. ADP employment data fell short of expectations, while Federal Reserve officials said current interest rates were appropriate. Separately, former President Trump reiterated his intention to strike Iran, causing the yen to surge intraday and triggering speculation about possible

According to the Bank of Korea, South Korea's foreign exchange reserves rose by $14.33 billion to reach $442.28 billion by the end of August. The central bank attributed the increase primarily to higher foreign currency deposits held by financial institutions, along with higher operating returns