Asia Open - Overnight Highlights

EMERGING ASIA

EM currencies perform individually against the USD as most market observe the boxing day after Christmas and there is a lack of major headlines. KRW saw the largest gains of 0.66%, followed by TWD 0.24%, THB 0.1%, CNH 0.07%, SGD 0.05% and HKD 0.01%; while the biggest loser is MYR 0.22%, CNY 0.09% and INR 0.05% .

USD/CNH is trading lower at 7.1423 compared to the 7.1471 at previous close. Onshore spot USD/CNY is trading lower at 7.1428 from 7.1364. 12 month NDF followed the offshore market and is trading lower at 6.9643 compared to 6.9785 previous closed.

USD/IDR spot market is closed. 1 month NDF is trading lower at 15410 from 15473 previous closed.

USD/INR onshore spot market is trading higher at 83.19 from 83.15. 1 month NDF is trading higher at 83.29 from 83.28previously closed.