DXY & Forex

According to investment banking sources, South Korea's Ministry of Economy and Finance is set to issue euro-denominated foreign exchange stabilization bonds as early as July 8, with a remaining issuance limit of $2 billion. The ministry has selected five underwriters including J.P. Morgan, Citi,

According to CoinDesk, Bitcoin slipped 1% to $62,657 on July 7 after the US and Iran exchanged aerial strikes, as traders moved away from riskier assets. Ether, XRP, and Solana fell between 1% and 2.3%, while the Dollar Index stayed above 101 and WTI crude oil rose more than 2% to $72.27.

According to Tradeweb data, on July 8, the U.S. 10-year Treasury yield rose to a four-week high of 4.565%.

According to the London Stock Exchange Group (LSEG), on July 8, the London Clearing House (LCH) began accepting offshore RMB-denominated Chinese government bonds as eligible non-cash collateral. The move enables market participants to pledge high-quality local currency assets and use their balance s

The Reserve Bank of New Zealand (RBNZ) raised its Official Cash Rate (OCR) by 25 basis points to 2.50% on the 8th, matching market expectations, in response to inflation pressures stemming from the Iran war. The unanimous decision marks a policy reversal after the central bank had cut rates by 325 b

According to RBNZ, on July 8, the New Zealand central bank raised its official cash rate (OCR) to 2.50%, a 25 basis point increase approved unanimously. The decision addresses inflationary pressures stemming from the Iran war and related

According to Yonhapinfomax, on July 8, as of 11:16 a.m. KST, the USD/KRW exchange rate fell 15.00 won from the previous Seoul session close to 1,513.20 won, amid renewed geopolitical tensions in the Hormuz Strait. On July 7, the U.S. Central Command announced it completed a new offensive against

According to Seoul's bond market data on July 8, South Korea's 3-year government bond yield rose to 3.809%, while the 10-year yield climbed to 4.258%, driven by overnight Middle East geopolitical tensions. The spike followed reports of tanker attacks in the Strait of Hormuz and the U.S. Treasury's a

According to Jin10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) on Wednesday, July 8 showed multiple period rates adjusting downward. The one-week HIBOR declined 7 basis points to 1.46849%, marking its lowest level since June 17. The two-week HIBOR fell 7 basis points to 1.4

According to RBA Deputy Governor Sarah Hunter, speaking on July 8 at the ACE 2026 conference in Canberra, Australia's economy is showing little evidence of slowdown despite recent oil shocks. While consumer and business confidence have declined, economic activity has not yet visibly weakened, Hunter

US stock index futures rebounded during Asian trading on the morning of July 8 despite Middle East tensions. E-mini S&P500 futures rose 0.13% to 7,561.25 as of 10:18 AM Korean time, while E-mini Nasdaq100 futures gained 0.50% to 29,537.00. The recovery followed a US session where the S&P500

The New Zealand dollar gained 0.50% against the U.S. dollar intraday, trading at 0.5705 as of July 8.

Reserve Bank of New Zealand Governor Brainard recently stated that the neutral interest rate level remains uncertain, with an estimated range of 2.5% to 3.5%. The neutral rate is the interest rate level that is neither expansionary nor restrictive to economic activity, and it serves as a key

According to the Korea Development Institute (KDI), South Korea's economy maintained a gradual improvement trend in July, driven by robust semiconductor exports and service sector growth despite a slowdown in overall manufacturing production. The KDI, a state-run research institute, reported that ex

According to Kelly Eckhold, chief economist at Westpac, the Reserve Bank of New Zealand may raise its official cash rate (OCR) again in September, with the central bank's policy committee appearing to signal further tightening ahead. On July 8, Eckhold noted

According to South Korea's Financial Supervisory Service, issuance of derivative-linked securities and bonds totaled 19.6 trillion won in the first quarter of 2026, up 24.1% year-over-year amid improved investor sentiment. Yields diverged between product types, with securities-based products

The Japanese government is considering revisions to monetary policy wording in its annual economic and fiscal policy framework 'Honebuto,' according to Japanese media reports on the 7th. The move comes after the original draft's language was identified as a cause of recent Japanese government

According to Asahi Shimbun, Japan's government on July 7 revised monetary policy language in its annual economic and fiscal policy guideline, known as Honebuto, after recent market volatility and misinterpretation of the initial draft. The revised text now includes the phrase "appropriate

China's SHIBOR rates declined across major tenors. Overnight SHIBOR was quoted at 1.3663%, down 0.77 basis points; 7-day SHIBOR at 1.3810%, down 0.15 basis points; and 3-month SHIBOR at 1.4312%, down 0.07 basis points.

According to news released by South Korea's financial regulator on July 8, the Financial Supervisory Service (FSS) recently conducted a special inspection of the anti-money laundering (AML) system operations of three small-sum overseas remittance companies—Moin, Eninepay, and Hanpass—and is currently evaluating the results. This is the first money laundering risk inspection of such companies by the FSS since small-sum overseas remittance services were permitted to operate in 2017. FSS Conducts F