Markets & FX
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USD/JPY Exchange Rate
10-Year Treasury Yield
10Y minus 2Y Treasury Spread
Real Effective Exchange Rate
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News
Security strains and market hedging intensify around South Korea
Across Asia, geopolitical uncertainty is feeding directly into market positioning and policy debate. English-language reports on May 4 highlighted fears over a possible Strait of Hormuz closure, renewed questions about US troop levels in South Korea, a symbolic shift in Korean labor policy, and record OTC derivatives activity. The mix points to a region managing both hard-security risks and rising demand for financial protection against external shocks.
Asia watches Iran tensions and oil risks as trade uncertainty lingers
Asian markets are tracking Middle East tensions as a key risk for oil prices and regional inflation. For now, policymakers are noting that longer-term inflation expectations have not yet moved sharply higher, even as crude concerns persist. Softer US inventory data and renewed trade friction add to the sense that Asia remains exposed to external shocks.