The one-month dollar-won NDF sharply declined to 1,444.60 won in New York, down 19.55 won from Seoul’s spot close, as the dollar index plunged on yen strength and weaker U.S. economic data.
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NDF Falls Sharply to 1,444.40/1,444.80 Won, Down 19.55 Won (Resent)
The one-month dollar-won NDF sharply declined to 1,444.60 won in New York, down 19.55 won from Seoul’s spot close, as the dollar index plunged on yen strength and weaker U.S. economic data.
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NDF Falls Sharply to 1,444.40/1,444.80 Won—Down 19.55 Won
The dollar-won NDF fell sharply to 1,444.60 won in New York, down 19.55 won from Seoul’s spot close, as the dollar weakened on yen strength and soft U.S. data.
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Today's Global Economic Indicators and Schedule
Key global economic indicators and central bank speeches are scheduled for December 3, including US employment data, Eurozone PMI releases, and remarks from major central bank officials.
Yonhap InfomaxThe one-month dollar-won NDF rose to 1,405.20 won in New York, up 7.25 won from Seoul’s previous close, as U.S. shutdown uncertainty kept the dollar in a narrow range; U.S. ISM services PMI fell to 50.0, while S&P Global’s reading beat expectations.
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NDF Rises to 1,405.00/1,405.40 Won—Up 7.25 Won
The one-month dollar-won NDF rose to 1,405.20 won in New York, up 7.25 won from Seoul’s previous close, as U.S. shutdown uncertainty kept the dollar in a narrow range; U.S. ISM services PMI fell to 50.0, while S&P Global’s reading beat expectations.
Yonhap InfomaxThe one-month dollar-won NDF rose to 1,392.30 won in New York trading, up 1.80 won from Seoul’s previous close, as Fed Chair Powell signaled a shift toward a more neutral policy stance and U.S. PMI data showed slowing growth.
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NDF Rises to 1,392.10/1,392.50 Won—Up 1.80 Won
The one-month dollar-won NDF rose to 1,392.30 won in New York trading, up 1.80 won from Seoul’s previous close, as Fed Chair Powell signaled a shift toward a more neutral policy stance and U.S. PMI data showed slowing growth.
Yonhap InfomaxSouth Korean treasury futures fell as expectations for a U.S. rate cut weakened ahead of Fed Chair Powell’s Jackson Hole speech, with 3-year contracts down 7 ticks and U.S. Treasury yields rising on strong PMI data and hawkish Fed commentary.
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Treasury Futures Weaken as Rate Cut Expectations Fade Ahead of Powell Speech—3-Year Contract Down 7 Ticks
South Korean treasury futures fell as expectations for a U.S. rate cut weakened ahead of Fed Chair Powell’s Jackson Hole speech, with 3-year contracts down 7 ticks and U.S. Treasury yields rising on strong PMI data and hawkish Fed commentary.
Yonhap InfomaxOil prices rose for a second day as stalled Russia-Ukraine peace talks and renewed geopolitical risks pushed WTI up 1.3% to $63.52, with strong U.S. economic data also supporting gains.
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[New York Oil Price]Oil Rises for Second Day as Russia-Ukraine Talks Stall—WTI Up 1.3%
Oil prices rose for a second day as stalled Russia-Ukraine peace talks and renewed geopolitical risks pushed WTI up 1.3% to $63.52, with strong U.S. economic data also supporting gains.
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