Eamonn Sheridan

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Central Banks
South Korea won strength chart update 26 February 2026
Central Banks

Bank of Korea dot plot points to prolonged 2.50% hold as chip exports support growth

  • The unanimity and 16/21 dots at 2.50% should help anchor short-end Korean rates and reduce near-term cut pricing, supporting KRW stability. The small 2.25% cluster preserves optionality if growth or FX conditions deteriorate, while the lone 2.75% dot limits hawkish repricing.
Central Banks
Bank of Japan takata yen chart update 26 February 2026
Central Banks

BoJ’s Takata says Japan is near 2% target, backs further gradual rate hikes

  • A clearer “almost achieved” framing on the 2% target is hawkish at the margin, supporting the case for additional BoJ tightening and continued JGB purchase tapering—potentially nudging JPY stronger and keeping upward pressure on JGB yields/term premia if markets price a higher terminal rate.
News
aud capex q4 2025 update
News

Australia Q4 capex beats expectations as renewable investment lifts outlook

  • The upside surprise supports Q4 GDP expectations and reinforces resilience in domestic demand. Stronger non-mining investment may temper near-term RBA easing expectations by signalling ongoing economic momentum.
Central Banks
usdcny PBOC CNY reference rate setting for the trading session ahead.
Central Banks

PBOC sets USD/ CNY central rate at 6.9228 (vs. estimate at 6.8605)

  • PBOC CNY reference rate setting for the trading session ahead.
Central Banks
Bank of Korea on hold 26 February 2026 krw chart
Central Banks

Bank of Korea holds rates at 2.50%, introduces Fed-style dot plot guidance

  • The rate hold was fully priced, limiting immediate KRW reaction. However, the introduction of a dot plot could increase short-term volatility in Korean rates as markets recalibrate to more transparent forward guidance.
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