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The Bank of Korea stated that the recent weakening of the Korean won is due to the weakening of the Japanese yen, increased geopolitical risks, and continued overseas investment by residents.

2026-01-15

The Bank of Korea stated that the recent weakening of the Korean won is due to the weakening of the Japanese yen, increased geopolitical risks, and continued overseas investment by residents.

Other News
2026-01-15

Russia says it will expel a British diplomat accused of being a spy.

Russia says it will expel a British diplomat accused of being a spy.
2026-01-15

Energy: 1. OPEC secondary data shows that Venezuelan crude oil production fell by 60,000 barrels per day (bpd) in December to 896,000 bpd. 2. OPEC maintained its 2026 global oil demand growth forecast at 1.38 million bpd, and projects 1.34 million

Energy: 1. OPEC secondary data shows that Venezuelan crude oil production fell by 60,000 barrels per day (bpd) in December to 896,000 bpd. 2. OPEC maintained its 2026 global oil demand growth forecast at 1.38 million bpd, and projects 1.34 million bpd in 2027. 3. The Beira 1 oil tanker arrived in British waters after being seized by the US in the Atlantic. 4. Goldman Sachs maintained its 2026 forecast for Iranian crude oil production, expecting it to remain roughly stable at 3.5 million bpd. 5. Iran's Oil Minister stated that Iran's oil exports have achieved record growth over the past 14 months. 6. The US Treasury updated its guidance related to Lukoil's licensing, authorizing certain sales transactions involving the company. 7. Qatar lowered its March Al Shaheen crude oil futures price to a discount of 33 cents per barrel to Dubai quotes, the first price reduction in many years. 8. Malaysia's Tenaga Nasional Berhad (TNB) signed an agreement to transmit electricity from Laos to Singapore. 9. The EU will lower the cap on Russian oil prices to $44.1 per tonne on February 1st. Precious Metals and Mining: 1. Indonesia is reportedly likely to approve a nickel ore production quota of approximately 260 million tons for 2026. 2. Goldman Sachs: Indonesia's tightening of nickel ore mining quotas will push prices up to $18,000 per tonne. 3. Trump signed measures related to key mineral supply chains, based on the results of the Section 232 trade investigation. 4. Easing tariff concerns coupled with a stronger dollar have caused copper prices to retreat from historical highs.
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