KRW

South Korea trade official: US has demanded South Korea to join efforts to curb China

• That would seem to be a key US goal

Bank of Korea held interest rates steady at 2.5%

• As expected

South Korea’s Lee: U.S. tariff negotiations looking very difficult

• South Korea’s President Lee

South Korea government holds emergency meeting on household debt

• Strengthens measures to control household debt

South Korea consumer sentiment jumps, inflation expectations drop

• South Korean data for June 2025

Bank of Korea will take market stabilising measures if volatility heightens excessively

• One for the KOSPI and KRW traders

MSCI says that South Korea has improved short-selling access

• In March, South Korea fully lifted its five-year ban on short selling

South Korea says it will provide financial and shipping support to exporters

Bank of Korea cuts its key interest rate by 25bp, as expected

• To 2.5%, from 2.75%

KRW traders note - South Korea FX market to close June 3 for presidential election

Newsquawk Week Ahead: Nvidia earnings, FOMC Minutes, US PCE, RBNZ, Aussie CPI, OPEC JMMC

• Next week highlights include Fed Minutes, US PCE, Canada GDP, Tokyo CPI, Australian CPI, RBNZ rate decision, BoK rate decision, the OPEC JMMC and Nvidia (NVDA) earnings.

North Korea fires multiple cruise missiles toward East Sea

• South Korea media report

Heads to roll in North Korea - Kim sees negligence and irresponsibility

• An accident occurred during launch of North Korean warship - Kim was present

South Korea end-March household credit marks fastest growth Y/Y since end-June 2022

South Korea, U.S. will resume tariff talks on Tuesday, aiming for July trade deal

• This will be the second round of talks for the two