foreign exchange markets

Bank Indonesia has reduced its interventions in the foreign exchange spot market, according to the central bank governor. The move suggests officials see pressure on the rupiah as easing, or a shift toward managing the currency through other tools. Traders and analysts will be watching whether the change affects the currency's stability in coming sessions.

The Bank of Korea said it will closely monitor financial and foreign exchange markets, signalling heightened vigilance over market volatility and currency movements. The statement puts markets on watch for potential policy responses if swings in the won or asset prices become disorderly.

Hong Kong's exchange has listed eight new exchange-traded funds, aiming to capture growing demand from mainland Chinese investors for exposure to overseas assets. The move reflects efforts to position the city as a gateway for Chinese capital seeking international diversification, as tightening onshore investment options push investors toward offshore products for foreign market access.

In South Korea's exchange-traded fund market, foreign investors have been buying leveraged products while domestic retail investors piled into inverse 2X ETFs, setting up a head-to-head bet on the market's direction. The question being debated is which side came out ahead, as the two groups effectively wagered against each other on where Korean stocks would go next.