DXY & Forex

According to Reuters, India's June merchandise trade deficit reached $30.43 billion, exceeding the market expectation of $26.63 billion.

According to Jin10 Data, Japan's government is planning to increase domestic asset allocation for its state pension fund, potentially costing global asset managers like State Street and Voya Financial tens of millions in management fee revenue. On Friday, Japan's Finance Minister Katsunobu Kato stat

Hanwha Ocean sold over $2 billion in currency forwards on the 13th, marking its second consecutive large-scale foreign exchange hedging operation following a $2 billion transaction on the 10th. The shipbuilder is executing a strategic shift announced last month to raise its hedge ratio

According to Yonhap Infomax, Hanwha Ocean sold over $2 billion in forward foreign exchange contracts on July 13, continuing a series of currency hedging operations. This follows a $2 billion forward sale on July 10. The company raised its hedging ratio to above 70% last month, marking a shift from i

According to MSCI, South Korea failed to be added to the MSCI Developed Markets Watch List in 2026, citing insufficient market accessibility as the primary barrier. The agency specifically identified restrictions on offshore won transactions and limited foreign exchange market liquidity as key

Barclays economist Son Beom-ki released a report on July 13 warning that market participants are considering the risk of back-to-back rate hikes by the Bank of Korea in the fourth quarter. While the BOK is unlikely to signal consecutive increases at its monetary policy meeting scheduled this week, S

According to Barclays economist Son Beom-gi in a report released today (July 13), market participants are preparing for the risk of consecutive rate hikes by South Korea's central bank in the fourth quarter. While the Bank of Korea is not expected to signal back-to-back increases this week, the

According to Japan Times, Japan's Government Pension Investment Fund (GPIF) is unlikely to grant Finance Minister Satsuki Katayama's request to expand domestic investment, citing legal and governance constraints. Today (July 13), the fund confirmed it maintains its current allocation framework

On July 13 at 4:30 PM, onshore Chinese yuan closed at 6.7817 against the U.S. dollar, down 33 pips from the previous trading day.

Standard Chartered economist Park Jong-hoon forecasts the Bank of Korea will unanimously raise its benchmark interest rate at the July Monetary Policy Committee meeting. Park stated in an interview with Yonhap Infomax on the 13th that recent growth and inflation are both exceeding the BOK's

According to investment banking sources, Kiwoom Securities completed oversubscription of a 200 billion won bond offering on July 13, attracting 9.45 trillion won in total demand. The company had set aside up to 400 billion won in potential increases. Demand for the two-year maturity reached 4.7 tril

According to Standard Chartered economist Park Jong-hoon on July 13, the Bank of Korea (BOK) is expected to unanimously raise its benchmark interest rate at the July monetary policy committee meeting. Park raised South Korea's 2026 GDP growth forecast to 2.9% from 2.6% and inflation outlook to 2.7%

US Central Command launched strikes against Iran over the weekend in the third round of military action within a week, targeting Iran's ability to attack commercial vessels. The escalation followed Iranian forces hitting a Cyprus-flagged container ship, prompting Tehran to declare the Strait of

This week, global financial markets will focus on Capitol Hill in the United States. Newly appointed Federal Reserve Chair Kevin Warsh will make his first appearance as Fed chair before the House Financial Services Committee at 22:00 Beijing time on July 14, then testify before the Senate Banking Committee the next day at 22:00 Beijing time. This will be the first time Warsh has faced congressional questioning on the semiannual monetary policy report since taking office, and markets view it as t

According to Japan's Chief Cabinet Secretary, the U.S. dollar fell over 30 points against the Japanese yen to 161.95 within five minutes on July 13, after the official indicated the government may adjust the Government Pension Investment Fund (GPIF) investment portfolio if

The Korean stock market experienced a sharp decline on May 13, with the KOSPI index falling 8.95% (669.01 points) to close at 6,806.93 as institutional investors sold 2.1968 trillion won and foreign investors sold 1.708 trillion won, overwhelming individual buying of 3.8829 trillion won. The crash w

The dollar-won exchange rate rose 2.0 won to 1503.4 won at 3:30 PM, breaching the 1500 won level after foreign investors' net selling on the KOSPI expanded to 1.7 trillion won scale. The rate had declined to the 1497 won range in the morning due to expectations of large-scale dollar inflows from

The USD-JPY exchange rate rose on the Tokyo foreign exchange market on July 13, climbing 0.19% from the previous session to trade at 162.031 yen as of 1:46 PM, according to Yonhap Infomax. The yen weakened as geopolitical risk-driven dollar buying intensified following renewed escalation in

According to a survey of 16 economists conducted July 3-8, France's unemployment rate is projected to reach 8.2% in 2026, the highest level since 2019. The forecast underscores concerns about the eurozone's second-largest economy. In the first quarter, France's unemployment rate surged to a

According to a Bloomberg survey conducted July 3-8, economists have lowered their eurozone economic growth forecast for 2026 to 0.5%, down from 0.7% in the previous month's survey. The downgrade reflects concerns about escalating Middle East regional conflict. The forecast also falls below the