#YonhapInfomax #DollarWonExchangeRate #FinancialCrisis #MiddleEastRisks #WTICrudeOil #KOSPI #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112941

Bank of Korea heightens vigilance as Fed policy uncertainty rises following FOMC meeting, pledging market stabilization measures amid Middle East tensions and increased volatility in financial and foreign exchange markets with U.S. Treasury yields rising and dollar strengthening

Dollar-won exchange rate remained range-bound around 1,490 won as Middle East tensions eased and oil prices declined, while Japanese intervention concerns and mixed equity flows limited directional moves in Seoul trading on March 17.

Seoul FX dealers forecast the dollar-won exchange rate to rise toward 1,475-1,505 won on March 4th amid risk-off sentiment from falling U.S. stocks, Middle East tensions, and surging NDF rates, though export company dollar sales may limit gains at higher levels.

Chinese stocks fell on March 3rd as Middle East tensions triggered risk aversion, with the Shanghai Composite down 1.43% to 4,122.68 and defense stocks plunging 5.57% despite early gains in oil and shipping sectors that briefly pushed the Shanghai index to a 10-year high.
Bundesbank President Joachim Nagel emphasized the need for flexibility in monetary policy amid global uncertainty, warning against pre-committing to future rate moves and highlighting ongoing inflation risks, including those stemming from the Middle East.