DXY & Forex

According to Jin10, on July 7, PBOC Governor Pan Gongsheng stated that Chinese bonds offer unique diversification advantages amid volatile global interest rates and inflation. He called for Hong Kong to capitalize on this opportunity by attracting more sovereign wealth funds and international

According to Jin10, China's central bank conducted 10 billion yuan in 7-day reverse repo operations today, July 7. With 69.5 billion yuan in 7-day reverse repos maturing on the same day, the central bank achieved a net liquidity withdrawal of 5.95 billion yuan.

China's central bank conducted 10 billion yuan in 7-day reverse repurchase agreements today (July 7). The operation received bids totaling 10 billion yuan, with all 10 billion yuan accepted at an operating rate of 1.40%, unchanged from previous

According to the interbank forex market, the USD/CNY mid-price declined 12 points to 6.8054 on July 7, marking yuan appreciation. Among other major currency pairs, EUR/CNY rose 48 points to 7.7756, GBP/CNY surged 332 points to 9.1037, AUD/CNY advanced 145 points to 4.7265, and JPY/CNY fell 123 point

According to South Korea's Financial Services Commission on July 7, the agency is advancing inclusive finance measures to address interest rate disparities in the lending market. The commission announced plans to lower rates for borrowers with mid-to-low credit scores, which currently range

According to Oxford Economics, released on July 6, the continuity of a U.S.-Iran peace agreement will determine whether key global economic risks amplify or ease in the second half of 2026. The firm identified three major headwinds: Middle East tensions, artificial intelligence supply chain

Japanese government bonds experienced severe selling pressure on July 6, with the 10-year yield surging to 2.830% intraday — the highest level since October 1996. The spike followed Prime Minister Takaichi Sanae's announcement of an annual 10 trillion yen

According to market data, Japan's 10-year government bond yield surged to 2.83% yesterday (July 6), marking its highest level since October 1996 as the government announced plans for 10 trillion yen in annual fiscal expansion starting next year. The so-called "Honebuto" stimulus package, which

The Philippine Statistics Authority reported on Tuesday, July 7, that inflation in the Philippines eased to 6.4% in June, down from 6.8% in May, marking the second consecutive month of decline. Lower prices of fuel and some food items, including rice and meat, drove the slowdown. Despite the

According to Philippine Statistics Authority (reported July 7), inflation in the Philippines eased to 6.4% in June 2026, down from 6.8% in May. The decline was driven by lower fuel prices and cheaper food items such as rice and meat. However, inflation remained well above the government's target

Hong Kong Chief Executive John Lee announced on July 7 that the Hong Kong Stock Exchange and the People's Bank of China will sign a memorandum of understanding on cross-border RMB payment and clearing cooperation.

Seoul bond markets are set to digest Samsung Electronics' second-quarter earnings results, according to a July 7 market preview by Yonhap Infomax. Samsung Electronics reported operating profit of 89.4 trillion won for the second quarter, slightly exceeding the mid-80 trillion won consensus. The

South Korea's KOSPI index opened at 7919.20 on July 7 morning, down 132.13 points (1.64%). The decline broke the 8000 level despite Samsung Electronics announcing Q2 operating profit of 89.4 trillion won exceeding market expectations. Foreign investors

BMO diagnosed that financial markets have exited the so-called 'Goldilocks' phase based on low inflation and solid growth, entering a new investment environment driven by high interest rates, persistent inflation pressures, and tight liquidity conditions. Mark McCormick, BMO's head of foreign

South Korea's government shifted its fiscal policy terminology from 'excess tax revenue' to 'additional tax revenue,' signaling a strategic reallocation of corporate tax windfalls from the semiconductor boom toward growth investments rather than debt reduction, according to a report published

Hanwha Investment & Securities analyst Choi Gyu-ho forecasts the USD-KRW exchange rate will decline in H2, ranging between 1,430-1,550 won. This outlook reflects the passing peak of external negative factors that pressured the currency pair higher in the first half, including the US-Iran war,

According to Yonhapinfomax, on July 7 morning (Asia time), E-mini S&P 500 futures fell 0.07% to 7,586.50, while E-mini Nasdaq 100 futures declined 0.23% to 29,871.50, reversing overnight gains despite semiconductor strength. U.S. equities had closed higher overnight, with the Dow Jones Industrial

According to CFETS-NEX data reported by Jin10, the Chinese interbank funding sentiment index reported 47 as of 8:45 a.m. on July 7, unchanged from the previous day's 4 p.m. close. The sentiment indices for large banks, mid-to-small banks, and non-bank institutions were 46, 49, and 46 respectively, a

The Korean won depreciated against all ten G10 currencies over the past year from July 7, 2023 to July 6, 2024, according to Yonhap Infomax cross exchange rate data released on July 7, 2024. The won weakened faster than the Japanese yen, which fell to its lowest level in 40 years. The depreciation w

South Korean savings banks raised 12-month deposit rates to an average of 3.90% as of the 7th, up 0.55 percentage points in one month, with some institutions breaking the 4.6% threshold. The rate surge follows rapid deposit outflows to the stock market, forcing banks to defend liquidity amid a