Australian Household Spending Dips in December as RBA Tightens Policy 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
The South Korean won is expected to weaken further versus the Japanese yen amid escalating external uncertainties including the U.S.-China trade tensions and Turkish political turmoil, according to the latest research report from Scotiabank.
The KRW will continue running an increasingly tight correlation with the CNH, while remaining susceptible to the Fed’s monetary policy stance, ongoing US-China trade war and geopolitical situation on the Korean Peninsula.
Additionally, the Bank of Korea (BoK) is expected to policy rate on August 31 to protect the nation’s financial stability as some members of the central bank have stressed the need to adjust accommodation according to the minutes of the July 12 policy meeting.
"In the medium term, we believe it would boost risk appetite should US-China trade tensions ease, particularly if taking account of China’s pro-growth policies that could lead to a rebound in the nation’s official manufacturing PMI and 10-year sovereign bond yield," the report commented.
