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13 Mar 2020

BOK, S. Korea Govt: Will deploy appropriate measures if needed

The Bank of Korea (BOK) and the South Korean government are out with a joint statement, in an effort to calm market nerves following the coronavirus-led global markets meltdown.

Key points

Herd-like behaviors in cross rate swaps market seems to be from market instabilities, not liquidity shortage.

Local financial institutions are equipped with ample fx liquidity, will deploy appropriate measures if needed.

Mar 13, 2020

China’s NRDC: To implement measures to boost consumption hit by coronavirus outbreak

The National Development and Reform Commission (NDRC), China’s state planner, noted on Friday that they will undertake reform measures to boost consum
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Mar 13, 2020

Gold Price Analysis: Prints 5-week low, bearish engulfing candle on weekly

Gold is on the offer for the fourth straight day. The yellow metal is currently trading at $1,562 per Oz, representing a 0.90% drop on the day, having
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