DXY & Forex

China's National Bureau of Statistics released August inflation data on September 9, showing the consumer price index (CPI) rose 0.8% year-over-year, exceeding July's 0.5% increase, while the producer price index (PPI) climbed 3.8% compared to 3.5% the previous month. The data represents the

Deutsche Bank Research Institute diagnosed the recent rise in US Treasury yields as part of a long-term normalization process rather than a regime shift, calculating the fair value for 10-year yields at approximately 4.8%. The research institute attributed this adjustment to the departure from the e

According to Jin10 Data, former Bank of Korea governor Lee Chang-yong said on Wednesday that South Koreans need not panic over short-term won fluctuations, as the economy has undergone structural changes making the currency more resilient. Lee noted that South Korea is no longer a net debtor in

Jeffrey Gundlach, a prominent bond investor, has called for the U.S. federal funds rate to increase by 50 basis points, citing expectations that U.S. yields will continue their upward trajectory. The statement reflects a shift toward tighter monetary policy, which could impact short-term funding

Jeffrey Gundlach, a prominent bond investor, called today for the U.S. Federal Reserve to raise the federal funds rate by 50 basis points, citing expectations for continued upward pressure on Treasury yields. The current effective federal funds rate stands at approximately 3.63% to 3.75%, while the

According to Jin10 Data, on September 9, overnight CNH HIBOR fell 3 basis points to 1.36364%, hitting its lowest level since August 10. Two-week CNH HIBOR rose to 1.43697%, marking its highest level since September 1. Other tenors showed mixed movements, with one-week HIBOR declining slightly to 1.4

According to Jin10 and Bolivia's Central Bank, the central bank will start selling U.S. dollars to financial institutions starting Wednesday, Sept. 9, to stabilize the country's currency. The Bolivian peso has depreciated over 20% since the central bank implemented a flexible exchange rate regime on

According to BlackRock, on September 9, the research team led by strategist Wei Li released a report warning that if the Bank of Japan accelerates rate hikes, Japanese investors may repatriate funds seeking higher yields, potentially pushing up global bond yields. The report noted "spillover

According to JPMorgan Securities strategists on September 9, a stronger yen is expected to ease upward pressure on Japanese government bond yields, potentially accelerating recovery in Tokyo-listed AI and semiconductor stocks. Strategist Rie Nishihara and colleagues noted that underperforming real e

BlackRock diagnosed that surging Japanese government bond (JGB) yields may reduce demand for US Treasuries as Japanese capital returns home, according to a May 8 (local time) weekly commentary by Wei Li, Global Chief Investment Strategist, and Yuichi Chiguchi, Japan Chief Investment Strategist.

Bank of Korea reported August household loan growth of 3.4 trillion won, down from 5.5 trillion won in July, driven by continued mortgage expansion offset by declining personal credit loans. Mortgage lending increased to 4 trillion won in August from 3.5 trillion won in July, while other household l

According to BlackRock strategists Wei Li and Chiguchi Yuichi, on September 8, Japan's 10-year government bond (JGB) yields surged to around 3%, with currency hedging reducing the effective return on U.S. Treasury 10-year notes to approximately 2%. This development may prompt Japanese investors to r

On Sept 9, U.S. Treasury Secretary Bessent stated that the Treasury's expansion of buybacks for 10–20 year "seasoned" U.S. debt aims to smooth long-term yields and correct "exuberance" in the bond market, not pursue quantitative easing (QE). Market expectations project the buyback scale at no less t

According to Jin10, U.S. Treasury Secretary Bessent stated on September 9 that Washington should leverage its financial resources as a diplomatic tool to advance American interests, particularly in the Western Hemisphere. Bessent said: "I believe we can use America's balance sheet to implement

According to Yonhapinfomax, USD/KRW traded around 1,340.30 on September 9, down 5.30 won from the previous close. The Korean won strengthened as yen weakness continued, with USD/JPY falling sharply in Asian trading despite earlier recovery in New York. Continued defense of the weak yen by U.S. and J

According to Jin10 Data, Japanese retail investors increased yen short positions to 3.61 trillion yen ($23.5 billion) last week, despite the currency climbing to multi-month highs. The net short bets rose from August levels, with July marking a peak of 4.41 trillion yen, the highest since 2015,

According to Jin10 Futures, as of 10:15 a.m. on September 9, the CFETS-NEX yuan funding sentiment index rose to 51, up 3 points from 08:45. The index is measured on a scale of 0 to 100, with 50 representing equilibrium and readings above 50 indicating tighter liquidity conditions. Sentiment across m

US Treasury Secretary Scott Bessent stated on the 8th (local time) at Southern Methodist University's Cox School of Business in Dallas, Texas that the United States can avoid debt pressure by achieving 3% annual economic growth while controlling government spending. Bessent characterized debt as a s

According to Yahoo Finance and other international media, U.S. Treasury Secretary Scott Bessent stated on September 8 that the U.S. can avoid debt pressures by achieving 3% annual economic growth combined with government spending control. "Debt is a spending problem, not a revenue problem. We can es

According to Yonhapinfomax, the USD/KRW spot rate in the Seoul foreign exchange market quoted at par (0 level) before 9 a.m. on September 9. NDF fixing positions were neutral, indicating that regional market participants faced balanced hedging flows after market