South Korean Finance Ministry says will allow around-the-clock FX trading from July

Newsquawk Staff · 9 Jan 2026, 05:21 UTC

Says

To explore the possibility of joining CPTPP.
To bring in various improvements to stock and forex markets for MSCI upgrade.
To prepare policy support for semiconductor defence, biopharmaceutical, petrochemical, steel and steel industries.
To introduce digital asset spot ETFs.
USD 350bln in US investment package is to bolster shipbuilding and nuclear energy sectors.

What it means

The South Korean Finance Ministry's announcement to allow around-the-clock FX trading marks a significant regulatory shift that aims to enhance market liquidity and accessibility. This move, alongside initiatives for sector support and digital assets, could attract foreign investment and improve South Korea's standing in global markets, particularly in the context of potential MSCI upgrades. Traders should monitor how this impacts the USD, KRW, and regional currency dynamics, as well as the broader implications for equity markets.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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