dailypro2020

USD/KRW Hits 1,368.6: 13-Month Low as Won Rises Alone Korean FX & Rates — Daily Briefing USD/KRW Hits 1,368.6: 13-Month Low as Won Rises Alone About the author : dailypro — 15+ years covering Korean equities, rates and derivatives; ETF and options specialist. Full bio → ⏱️ 24 min read  ·  Updated August 31, 2026 Key Takeaways The USD/KRW rate closed at 1,368.6 won on August 31 — a 13-month low — after spending the early part of the year above 1,550. The won is strengthening alone : the dollar index is up on hawkish Fed Chair Kevin Wash remarks, and the yen is pinned at super-yen levels (100 yen = 857 won), yet USD/KRW keeps making lower lows. The Bank of Korea delivered its first-ever back-to-back rate hikes (2.75% → 3.0% on August 27), which narrows the Korea–US rate gap and lifts the won's carry appeal. The September FOMC is the pivot: with FedWatch pricing a 59.9% chance of a US hike, the three-way scenario range runs from 1,330 to 1,380+. ...

Seoul's 79-Week Rally Meets the President's Crash Warning Seoul's 79-Week Rally Meets the President's Crash Warning dailypro — 15+ years covering Korean equity and property markets, ETF and options specialist. About the author . ⏱️ 22 min read Key Takeaways Seoul apartment prices have risen for 79 consecutive weeks — roughly 18 months — yet President Lee Jae-myung on August 30 posted on X that a "crash scenario" is possible and the government is preparing a "mass purchase system." The gap between policy rhetoric and market reality is the widest in years. The government's August 24 tax reform proposal would cut the comprehensive real estate tax deduction for non-resident single-homeowners from 12 billion won to 9 billion won, while raising it for resident owners to 14 billion won — a 5 billion won gap that could quadruple tax bills for non-residents holding properties worth 2 billion won or more. The September 1 Cabinet me...

Samsung Buyback Lifts KOSPI to 6,820: New Demand Axis Samsung Buyback Lifts KOSPI to 6,820: New Demand Axis About the Author — This analysis comes from dailypro , a Seoul-based market writer with 15+ years covering Korean equity markets and an ETF/options specialist. dailypro has tracked Korean supply-demand flows, corporate governance, and the Korea Discount through multiple cycles. Read more about the author → ⏱️ 18 min read · Published 31 August 2026 · Data as of 31 August 2026 What most coverage of Monday's Korean market got wrong is that they treated the KOSPI's rebound as a headline number. This analysis is different: it treats the index as a ledger of who bought and who sold, not as a scoreboard. That single shift in framing changes everything, because on August 31, 2026, foreigners, institutions, and retail all sold — and the index still climbed. The buyer was the companies themselves. Samsung Electronics and SK Hynix buybacks, tracked through the ...