DXY & Forex

According to a Franklin Templeton report cited by Jin10, the European Central Bank is expected to raise rates for the last time in September, then hold steady to assess the impact of recent tightening measures. David Zahn, head of European fixed income at Franklin Templeton, noted that inflation is

According to Yonhapnews, South Korea's long-term government bond yields surged to historic highs on July 21-22, with 20-year bonds reaching their highest level since May 2011 and 30-year and 50-year bonds setting all-time records. The 20-year yield rose 2.9 basis points, while 30-year and 50-year yi

According to Yonhap Infomax, on July 22, the Korean won strengthened against the U.S. dollar to 1,481.10 won, up 7.7 won from the previous close, but further gains were capped by active currency-selling from exporters and close monitoring by authorities. The won climbed to 1,482.20 won earlier in th

According to Kenanga Investment Bank economists in a report on July 22, Malaysia's economic outlook is not expected to change significantly if the proposed U.S. 301 tariffs are implemented. The new 10% tariff will replace, rather than stack on top of, temporary tariffs under Section 122, keeping the

Several key economic indicators and corporate earnings are scheduled for July 22 (Beijing Time). UK June CPI data releases at 14:00, followed by Indonesia's central bank interest rate decision at 15:20. The European Central Bank will announce its interest rate decision at 20:15, including the main r

State Street Chief Economist Simona Mocuta released a report on July 21 (local time) stating the Federal Reserve does not need to raise interest rates this year based on housing and labor market conditions. Mocuta explained that while housing and labor markets send different signals about Fed

According to Simona Mokuta, chief economist at State Street, on July 21, the U.S. Federal Reserve has no need to raise rates this year given conditions in the housing and labor markets. The June unemployment rate stood at 4.2%, matching the Federal Reserve's estimated non-accelerating inflation rate

According to Yonhapinfomax, South Korea's benchmark interbank rates moved on July 22. The 1-month Koribor rate rose 0.01% to 2.81%, while the 3-month rate fell 0.01% to 2.99%. The 12-month rate declined 0.01% to 3.71%.

The U.S. Dollar Index is trading at 101.14 today, down 0.07% intraday.

According to Jin10, Japan's 40-year government bond auction on July 22 drew the strongest demand since March 2025, with a bid-to-cover ratio of 2.82x, up from 2.702x in the previous auction and above the 12-month average of 2.55x. The 40-year yield currently stands near 3.895%, well below the May

Most Korean government bond money market funds (MMFs) are showing negative deviation rates as of July 21, raising concerns that redemption risk could increase if the Bank of Korea implements back-to-back interest rate hikes in July and August. The negative deviation rates, which measure the gap

According to Yonhapinfomax on July 22, major South Korean government bond money market funds (MMFs) are uniformly displaying negative discount rates, with some funds' rates reaching as low as -0.09%, reflecting elevated market bond yields. The widening negative rates have raised concerns that the

According to Jin10 Data, offshore Chinese yuan Hong Kong Interbank Offered Rates (CNH HIBOR) mostly rose on July 22. Overnight HIBOR increased 11 basis points to 1.42712%, moving away from a one-and-a-half-month low. One-week HIBOR held steady at 1.45000%, while two-week HIBOR remained flat at 1.450

According to BlockBeats, today (July 22), Middle East tensions are escalating amid energy supply disruptions. Hormuz Strait commercial traffic has fallen to approximately 15% of pre-conflict levels as international ship operators evacuate the region. The Red Sea alternative route now faces

South Korea's national net assets reached 24,561 trillion won at the end of last year, according to the 2025 National Balance Sheet (provisional) released by the Bank of Korea and the National Data Agency on the 22nd. The assets increased by 531 trillion won (2.2%) from the previous year, but the

SHIBOR overnight rates declined to 1.3730% overnight, down 0.9 basis points. The 7-day SHIBOR remained flat at 1.4010%, while the 3-month rate held steady at 1.4300%.

Investors have moved capital into short-term US Treasury ETFs while reducing exposure to long-term bonds, following JP Morgan CEO Jamie Dimon's negative assessment of long-term Treasuries expressed in a July 21 interview. The iShares 0-3 Month US Treasury ETF SGOV attracted $47.5 billion in net

According to Yonhapinfomax, South Korea's reserve money showed a surplus of 19.4 trillion won today (July 22), while overnight call rates rose to 2.688% with trading volume reaching 20.7 trillion won. The following day (July 21), the banking system recorded a cumulative reserve adequacy deficit of 1

Korean government bond 30-year yields surpassed 4.6% during trading on the 22nd at 9:34 AM, marking a record high for the benchmark instrument. The movement followed global bond curve steepening trends, with the 26-2 series yield rising 3.0 basis points to 4.600% and briefly touching 4.612% in

According to Yonhap Infomax, South Korea's 30-year government bond yields hit 4.6% on July 22, marking a record high for the benchmark instrument. The 26-2 maturity surged 3.0 basis points to 4.600%, with an intraday peak of 4.612%. Three-year yields rose 2.9bp to 3.895%, while 10-year yields