# Korean financial sector gears up for risks from US - The Korea Herald

> South Korean financial regulators, led by Bank of Korea Governor Lee Ju-yeol, said they are prepared to act if market anxiety over the US election and a likely Fed rate hike spreads. Fed Chair Janet Yellen had signaled a December rate increase was close. Kospi fell below 1,980 amid foreign selling.

- Date: 2016-11-18 · published 2016-11-18T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/74048-korean-financial-sector-gears-up-for-risks-from-us-the-korea-herald
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Expected US rate hikes and a firmer dollar raise emerging-market funding costs and import prices, which can pressure Korean feed buyers.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-12-17 | [What will the Fed’s expected rate hikes mean for Korean market? - The Korea Herald](https://feedsoft.ai/events/43844-what-will-the-fed-s-expected-rate-hikes-mean-for-korean-market-the-korea-herald.md) | -0.2% | -0.8% |
| DXY | 2021-03-15 | [S. Korea to focus on stabilizing markets amid rising US bond yields - The Korea Herald](https://feedsoft.ai/events/48347-s-korea-to-focus-on-stabilizing-markets-amid-rising-us-bond-yields-the-korea.md) | -0.0% | +0.2% |
| DXY | 2018-02-05 | [Hawkish Fed, strong dollar jolt Korean markets - The Korea Herald](https://feedsoft.ai/events/66721-hawkish-fed-strong-dollar-jolt-korean-markets-the-korea-herald.md) | +1.1% | +0.6% |
| DXY | 2021-01-19 | [Surging US Treasury yields to affect global FX market: vice minister - The Korea Herald](https://feedsoft.ai/events/49391-surging-us-treasury-yields-to-affect-global-fx-market-vice-minister-the-korea.md) | +0.1% | +0.5% |
| DXY | 2022-08-31 | [Won seesaws amid mixed signals - The Korea Herald](https://feedsoft.ai/events/40275-won-seesaws-amid-mixed-signals-the-korea-herald.md) | +0.9% | +3.6% |

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1152728

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.