BoK says uncertainty surrounding US monetary policy is likely to persist and it reiterated it will closely monitor financial markets
The Bank of Korea's (BoK) acknowledgment of ongoing uncertainty surrounding US monetary policy highlights its cautious stance.
PBoC sets USD/CNY mid-point at 6.9771 vs exp. 6.9521 (Prev. 6.9755)
Samsung Electronics (005930 KS) says dollar strength had a positive impact of KRW 1.6tln on operating profit in Q4
BoK says uncertainty surrounding US monetary policy is likely to persist and it reiterated it will closely monitor financial markets
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: United Microelectronics Corp (2303 TT) - Co. said revenue in 2025 rose 2.3% Y/Y to TWD 237.6bln and it sees 2026 revenue to outpace market growth
Iran's representative to the UN says Iran informs the Council it faces a clear US threat to use force against it, while the Iranian envoy said Washington will bear responsibility for any uncontrolled consequences resulting from any acts of aggression
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This suggests they are likely to maintain a vigilant approach towards financial market developments, potentially impacting their own policy decisions and overall regional economic outlook. Traders should keep an eye on how this sentiment may influence the Korean won and broader fixed income markets in the region.
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