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S. Korean FinMin Dong-yeon: Will act to stabilize markets if volatility increases

The South Korean Finance Minister Kim Dong-yeon was on the wires earlier today, noting that his government will act to stabilize markets if volatility increases.

His comments come after the US-China impasse to reach a trade deal could call for heightened volatility in the coming days.

NZD/JPY Technical Analysis: Supported at the 61.8% Fibo, eyes on 72.20 recent lows

Hourly chart
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China’s 10-year bond yield hits one-month lows

The escalating US-China trade tensions and the resulting risk aversion seems to have boosted haven demand for government bonds. China’s 10-year yield
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