South Korea President Lee says need to counter volatility increase in financial markets and need to pay attention to energy prices and supply, reiterates KRW 100tln program is on standby to stabilise markets

President Lee's comments highlight a proactive stance against financial market volatility and emphasize the importance of monitoring energy prices. The mention of a KRW 100 trillion stabilization program signals readiness to inject liquidity, which could stabilize both the Korean won and broader market sentiment. Traders should watch for any immediate reactions in KRW and related asset classes, as this suggests an interventionist approach to potential market distress.