The Indian rupee bounced back after the central bank's intervention and growing optimism of a trade deal with the US. Read for free with your email on what could move markets today https://t.co/xyMpIhENux ...

Brazil hopes to reach a preliminary trade deal with the US as soon as this month, the South American nation’s top diplomat said, as relations between the two countries improve after a months-long feud https://t.co/7ShWF0jJpi ...

Canadians have little faith a trade deal with the US will be reached in the next six months, after President Trump blew up talks over an anti-tariff ad campaign launched by the province of Ontario https://t.co/wjC7c3GkoE ...

Market Trends & Investment Opportunities - Citigroup advises investors to position for gains in the Indian rupee [1] - The advice is based on signs that a trade deal between India and the US is imminent [1]

Top trade negotiators from Switzerland are headed to Washington, aiming to complete negotiations on a trade deal with the US that would lower the 39% tariff rate on Swiss goods https://t.co/GyRQOIr4UO ...

India announced relief measures worth more than $5 billion for its exporters pummeled by steep US tariffs, even as the two nations continue working toward a trade deal. https://t.co/6Tn16IrtzE ...

Monetary Policy & Economic Outlook - Bank of Korea believes monetary policy alone cannot control the housing crisis, but is mindful that ample liquidity wouldn't slow the fire [1] - Rate cuts are still on the table due to GDP performing higher than expected and resilient trade [3] - The forecast for this year's growth is 4.9%, well below potential GDP, and 1.6% for next year [4] - The official position is to maintain the easing monetary cycle given the negative output gap, but the magnitude and timing depend on new data [5] - Korea's potential GDP growth rate is probably between 1.8% and 2% due to rapid aging [6] Bond Market & Yields - Bond market yields are reacting not only to domestic factors but also global factors such as the possibility of the US Fed decision and the dollar's movements [7][8] - There is concern that surging yields will affect the monetary transmission mechanism [9] - The Bank of Korea has cut interest rates by 300 basis points since last October and anticipates an easing cycle [9] Trade & Investment - The trade deal between the US and Korea is considered a good development that helps reduce uncertainties regarding tariffs [11] - Implementing the trade deal requires parliamentary approval and enactment of new laws [12] - A commercially viable and win-win program for both the US and Korea is desired, potentially through joint ventures combining US science strengths with Korean application and manufacturing technology [13] - One key focus has been the $350 billion investment fund in the U S [13] Currency & Financial Stability - The Korean market is excessively sensitive to uncertainties affecting the exchange rate, including US stock prices, US economic shutdowns, US Fed policy, and US-China trade relationships [14][15][16] - Depreciation in the Korean Won is hard to judge due to numerous fundamentals [16] - The current level of the Korean Won exchange is mostly dominated by domestic investment abroad, and foreign currency debt level is stable, suggesting no immediate financial stability concerns [18] - The Bank of Korea is willing to intervene if there is excessive movement in the exchange rate [19] Stock Market - Korean stock prices, particularly in the semiconductor industry, are influenced by US technology stock prices, leading to potential volatility [21] - There are concerns about the potential unraveling of high-tech stock prices, especially for domestic retail investors [22] - The price-to-book ratio (PBR) is 1.1%, which is considered below other countries' levels, suggesting the stock market is not significantly overvalued [20]

(Subtitles may contain inaccuracies) We had President Lee saying that the BOK did the right thing when it held rates steady instead of cutting rates because that would boost the property market further. Saying the property market is a ticking time bomb. What's your take on whether or not the property sector is in fact one of the considerations for your monetary policy decisions.Yes. Definitely property prices, especially in metropolitan area and Seoul, affect the financial stability. And price stability is ...

Trade Deal Overview - The U.S. and Switzerland are nearing a trade deal to reduce tariffs imposed by President Trump from 39% to potentially 15% [1][2] - The reduction aims to align Swiss tariffs with those imposed on EU exports to the U.S. [2] Economic Impact - The high tariffs have negatively affected Swiss exports, particularly in key sectors such as watches, jewelry, machinery, chocolate, electronics, and pharmaceuticals [4] - Shares of Swiss companies, including Swatch Group and Richemont, saw an increase following news of the potential tariff reduction [4] Government Response - Swiss officials, including Economy Minister Guy Parmelin, are in regular contact with U.S. authorities regarding the ongoing discussions [3] - The Swiss economy ministry has refrained from commenting on the negotiations, indicating a cautious approach [3]

President Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi https://t.co/OGjZIIdk70 ...