BoK and South Korea's Finance Ministry are to strengthen harmonious policy coordination, with Finance Minister Koo and BoK's new Governor Shin set to maintain close communication through regular market meetings
The announcement about the Bank of Korea (BoK) and the Finance Ministry strengthening their policy coordination signals a proactive approach to ensuring consistent economic strategy.
PBoC is expected to set USD/CNY mid-point at 6.8294 (prev. 6.8635)
[MARKET UPDATE] Oil futures surged about USD 4/bbl over 8 minutes, but have since pared the majority of the move, amid no news catalysts
BoK and South Korea's Finance Ministry are to strengthen harmonious policy coordination, with Finance Minister Koo and BoK's new Governor Shin set to maintain close communication through regular market meetings
[MARKET UPDATE] Asia-Pac stocks begin mixed following the gains on Wall St and another busy day of geopolitical headlines, while the region also digests earnings updates including record quarterly profit from SK Hynix
Japanese Stock Investment by Foreigners (Apr/18) 2380.9bln (prev. 3941.4bln)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This aligns with expectations for close communication, which may influence interest rate decisions and market sentiment as they navigate current economic challenges.
Related headlines
- Newsquawk European Market Wrap - 8th September 202618 hours ago
- BoE Governor Bailey says the labour market is softening and the hiring rate has declined18 hours ago
- BoE Governor Bailey says "I do not think we are not on the verge of a recession", adds that latest data is looking a bit stronger18 hours ago
- RBA's Assistant Governor Hunter says the board is concerned about inflation and has low tolerance, adds the board may have to raise rates if there is a sense inflation will be stronger1 day ago
- Chile central bank maintains overnight rate at 4.5% as expected11 hours ago
- Hungarian Finance Minister says they aim to fulfill EUR adoption criteria by 203022 hours ago
- [MARKET ANALYSIS] JPY continues to advance, benefiting from domestic data; USD mildly firmer23 hours ago
- [MARKET ANALYSIS] Fixed falters as energy climbs once again, Gilts lag into the TSC after an AMZN update23 hours ago
- Japanese Finance Minister Katayama says will bolster efforts to secure funding for consumption tax cut on food, adds will communicate fully with markets and public to gain credibility in our fiscal policy1 day ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes1 hour ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)7 hours ago
- Top US diplomat in Taiwan says aside from the human toll, any conflict across the Taiwan Strait would have a bigger impact on the global economy than the Second World War7 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks9 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days10 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers10 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN10 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks10 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd11 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies12 hours ago
- IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports12 hours ago
The whole workspace, free to try.
Try it free