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South Korea's finance ministry said it will take measures to stabilize financial markets if needed after the Fed signaled a March rate hike. The KOSPI fell 3.5% in the previous session, and officials said the Fed's stance should have a limited impact on Korea.
Hawkish Fed signals strengthen the dollar and tend to pressure emerging-market currencies, which raises the local cost of dollar-priced feed imports.
en.yna.co.krKim Soo-yeonJan 27, 2022Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
