DXY & Forex

According to investment banking sources, Shinhan Bank completed a €600 million covered bond issuance yesterday (September 7), marking its return to the European market after more than two years. The 3.5-year fixed-rate green covered bond was priced at 19 basis points above EUR mid-swap,

According to HSBC, on September 7, the bank downgraded its USD/KRW forecasts for end-2026 and mid-2027 from 1500 to 1320 and 1280 respectively, citing South Korea's record current account surplus. Asia FX Research Head Joey Chew noted that the annualized current account surplus reached $400

Japan's private consumption posted zero growth in the second quarter on a seasonally adjusted quarterly basis, matching both the expected reading of 0.00% and the prior quarter's result.

JR Global REIT, currently undergoing court rehabilitation, announced on September 7 that it had terminated portions of its euro and dollar currency hedging contracts early, taking advantage of the sharp won appreciation. The early termination reduced the company's guarantee debt related to FX

According to Japanese trade statistics, Japan's trade deficit widened to 399.9 billion yen in July, compared with a deficit of 135.2 billion yen in June.

Japan's second quarter actual GDP quarter-on-quarter growth (QoQ) came in at 0.4% (final value), meeting market expectations of 0.40% and rising from 0.30% in the first quarter.

In August, Japan's bank loans (excluding trust accounts) grew 5.8% year-over-year, down from 5.9% in the previous month.

Japanese bank loans, including trust accounts, grew 5.4% year-over-year in August, unchanged from the previous month.

According to Yonhap Infomax, on September 8, JR Global REIT, undergoing corporate restructuring, early terminated euro and dollar hedging derivatives, reducing guaranteed debt obligations from 165 billion won to 44.3 billion won as of September 4. The company unwound approximately 410 million

According to Japan Ministry of Finance, the country's current account posted a surplus of 29,889 billion yen in July, surpassing the forecast of 28,980 billion yen and swinging from a deficit of 923 billion yen in

According to overseas brokers, the USD/KRW 1-month NDF rate closed at 1,344.90 won overnight (September 8), up 4.85 won from the previous Seoul spot market close of 1,340.50 won. The bid was quoted at 1,344.70 won and the ask at 1,345.10 won. Trading activity remained limited as U.S. financial marke

Foreign investors are shifting capital from US treasuries to US stocks in a historic allocation reversal, Deutsche Bank analysis shows. George Saravelos, Deutsche Bank's Global Head of FX Research, stated on local

Japan's overtime pay rate rose to 3.1% year-over-year in July, up from 2.8% in the previous month, marking continued growth in supplementary wage compensation.

According to Russian Finance Ministry data released on September 7, Russia's National Wealth Fund (NWF) held assets worth 13.19 trillion rubles (approximately $1.541 billion) as of September 1, equivalent to 5.6% of projected 2026 GDP. Liquid assets totaled 4 trillion rubles ($467 billion), up

According to Japan's Ministry of Health, Labour and Welfare, nominal cash wages in July grew 4.7% year-over-year, exceeding expectations of 3.9% and marking an increase from 3.4% in the prior month.

According to Gate data, USD/JPY (USDJPY) fell to 153.97 in 24 hours, with a decline of 1.4%.

According to Guru Club, on September 8, the Japanese yen climbed 0.3% to 153.94 per U.S. dollar, reaching its highest level since February.

According to Bloomberg, Indonesia's wealthiest Hartono family has invested at least $1.4 billion overseas recently, a significant shift from their traditional domestic wealth focus. The family is funneling capital through entities based in Singapore and London as part of broader capital outflows fro

According to Yonhap Infomax, credit spreads on unsecured corporate bonds (grade AA-) in South Korea expanded to 67.3 basis points as of September 4, up from 50.7bp at the start of 2026. The widening spreads, driven by heightened short-term money market volatility amid Chuseok holiday demand and

According to Guru Club, on September 8, Japanese yen strengthened to its highest level since February 2026, surging to 154.06 per U.S. dollar during London trading hours with intraday gains exceeding 1.4%. The last time yen reached this level was on February 23. Market participants attributed the