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Top related persons:
Jo Yong - 1 Carol Kong - 1 Sterling - 1 Gary Dugan - 1 Rae Wee - 1 Sam Holmes - 1
Top related locs:
Seoul SINGAPORE U.S Asia New Zealand
Top related orgs:
Korea Exchange Bank - 1 REUTERS - 1 New - 1 Commonwealth Bank of Australia - 1 Aussie - 1 U.S - 1 ANZ - 1 Dalma - 1

Search resuls for: "Korea Exchange Bank"


2 mentions found


☆ Dollar creeps higher ahead of US, China economic data
  + stars: | 2023-08-08 | by ( Rae Wee | ) www.reuters.com   time to read: +3 min
The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar. The Aussie slipped 0.05% to $0.6571, while the kiwi fell 0.08% to $0.6102. "This week's economic data ... will continue to paint a picture of a weak Chinese economic recovery," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "With the (Federal Reserve's) interest rate policymaking remaining data dependent, every data point has been eliciting an even higher level of vigilance," said Gary Dugan, chief investment officer at Dalma Capital.
Persons: Jo Yong, Carol Kong, Sterling, Gary Dugan, Rae Wee, Sam Holmes Organizations: Korea Exchange Bank, REUTERS, New, Commonwealth Bank of Australia, Aussie, U.S, ANZ, Dalma, Thomson Locations: Seoul, SINGAPORE, U.S, Asia, New Zealand
☆ World stocks head back towards 2-year lows as mood sours
  + stars: | 2022-10-11 | by ( Dhara Ranasinghe | ) www.reuters.com   time to read: +4 min
There was a modest respite for Britain's battered bond market after the Bank of England said it would start purchasing inflation-linked debt. And MSCI's world stock index was down 0.5% -- moving back towards roughly two-year lows hit last week (.MIWD00000PUS). Emerging market stocks hit their lowest level since April 2020 and are on track for a near-30% tumble year-to-date, its worst year since the 2008 global financial crisis. GILT RESPITEBritish government bond or gilt yields edged lower, having soared on Monday, following the BoE's latest efforts to shore up the battered bond market. The Aussie dollar fell to a 2-1/2-year low of around $0.6248 and the kiwi dollar hit a low of $0.5536.
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