News Headline Summary

Market talk of local names on the offer in USD/KRW as session lows are printed at 1062.0 (-120 pips)

- Talk of US name seen as an aggressive seller in recent trade.

Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

Analysis details (06:05)

- Overnight, Bank of Korea governor said that growth will gradually recover and that the central bank is to seek other ways to spur growth than monetary policies.

03 Jan 2013 - 06:00 - Fixed Income Rumour - Source: RANsquawk

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