KOSPI Fell 39% From June. Korea Still Eyes Hikes.
KOSPI closed 39% below its June peak on Oct. 20, yet surveys expect the Bank of Korea to hold rates at 3.00% on Oct. 22. What to watch, and next week’s dates.
bank of korea
Korea Talked About Mortgages the Week Before the Fed Meets
Seoul’s policymakers spent this week on household debt, not stocks. In Korea, that is what sets the next interest rate — not the Fed. Here is why.
Korea’s Won: Seoul Says Immune, Washington Says Tariffs
Seoul’s central bank called the won immune; Washington put Samsung and SK Hynix on notice. The won ended the week stronger at 1,350.4.
Did the Bank of Korea Raise Rates? Yes, to 3%.
On Aug 27 the Bank of Korea raised its base rate to 3% and its governor said “preemptive” 14 times — the same week the Fed’s Warsh refused to signal his next move.
When Does Korea Trade Nvidia? Before the US.
Nvidia reports after the US close on Aug 26. Seoul opens 3h40m later — the first major market to trade the print in cash, on the same Thursday morning the…