EN Home › Market Briefing · published Oct 3, 2026 morning (KST) · prices as of 2026-10-02 close한국어

USD/KRW 1,344 lower: Oct 3 Korea market briefing

Yesterday USD/KRW fell 14.2 won to 1,344.2 won per dollar. The US 10-year Treasury yield, by contrast, rose 4.0bp to 5.280%, so rates and the exchange rate moved in opposite directions. In equities, the Nasdaq 100 and Germany's DAX each gained more than 1%, while the Hang Seng fell 2.60%. Today, the variables to watch are whether long-term government bond yields in major economies keep rising and how tensions around the Strait of Hormuz develop.

Yesterday's closes

Indicator	Close	Change	%
USD/KRW10-02	1,344.2	-14.2	-1.05%
Dollar Index10-02	101.74	-0.15	-0.15%
USD/JPY10-02	157.65	-0.09	-0.06%
US 10Y Yield10-02	5.280%	+4.0bp	-
Korea 3Y Yield10-02	3.937%	-7.3bp	-
KOSPI 20010-02	1,109.05	+4.57	+0.41%
Nasdaq 10010-02	30,807.93	+306.37	+1.00%
Nikkei 22510-02	68,309.46	-647.26	-0.94%
Hang Seng10-02	23,972.29	-640.98	-2.60%
DAX10-02	25,231.20	+291.85	+1.17%
WTI Crude10-01	92.87	+2.45	+2.71%
Gold10-01	4,202.30	+15.60	+0.37%
Bitcoin10-03	84,460	-376	-0.44%

The date next to each indicator is the trading day of that close. Bitcoin is the spot price at publication (7am KST). Yield changes are in bp (0.01 pp).

FX & Rates

USD/KRW fell 14.2 won (1.05%) from the previous day to 1,344.2 won per dollar. That is 7.28% below its 100-day average of 1,449.7. The Dollar Index slipped 0.15% to 101.74, and USD/JPY was nearly unchanged at 157.65 yen per dollar. The US 10-year Treasury yield rose 4.0bp to 5.280%, staying above its 100-day average of 4.676%. The Korea 3-year yield fell 7.3bp to 3.937%, moving in the opposite direction to US yields.

Equities

The Nasdaq 100 rose 1.00% to 30,807.93, 4.44% above its 100-day average. Germany's DAX gained 1.17% to 25,231.20. The KOSPI 200 rose 0.41% to 1,109.05 but remains 4.34% below its 100-day average of 1,159.34. In Asia, the Hang Seng fell 2.60% to 23,972.29, the largest decline among the major indices. The Nikkei 225 also fell 0.94% to 68,309.46.

Commodities & Crypto

WTI crude rose 2.71% to 92.87 dollars, based on the October 1 close. That is 7.56% above its 100-day average of 86.34 dollars. Gold rose 0.37% to 4,202.30 dollars on the same day's close but is still 2.98% below its 100-day average. Bitcoin was at 84,460 dollars as of 7:00 a.m. today, down 0.44% from the previous day. Because the oil and gold prices are October 1 closes, they do not yet reflect news that came out on October 2.

News and Markets

The broad rise in long-term government bond yields across major economies ties directly to yesterday's 4.0bp increase in the US 10-year Treasury yield. The UK 30-year yield briefly topped 6% during the session, a sign of growing caution over fiscal burdens in many countries. President Trump rejected Iran's proposal to reopen the Strait of Hormuz and made hardline remarks. This is a variable that could affect oil and gold prices, but the oil and gold prices in the market table predate this news. Bank of England Governor Bailey warned that AI could threaten financial stability, a regulatory variable worth examining for the Nasdaq 100, which has a heavy AI weighting.

What to Watch Today

Today is Saturday and also National Foundation Day, so the Korean stock market is closed. The Bitcoin price, which trades through the weekend, is one to watch. A variable to watch is how remarks about the Strait of Hormuz are reflected in oil and gold prices on the next trading day. It is also worth checking whether the US 10-year Treasury yield climbs further from 5.280% and how long-term yields in the UK and other major economies move. US political uncertainty has increased as President Trump hinted that he might invoke the Insurrection Act ahead of the midterm elections, and how this is reflected in safe-haven asset prices is another point to examine.

Yesterday's key world news

Passengers Stop Co-Pilot's Attempt to Crash Dubai-to-Israel Flight· Geopolitics
The co-pilot of a Dubai-to-Tel Aviv flight attacked the captain and tried to crash the plane, which plunged 17,000 feet before passengers subdued him and it made an emergency landing in Saudi Arabia. Reports of possible Iranian involvement are raising doubts about the security of air routes between the UAE and Israel.
Trump Hints at Invoking Insurrection Act, Threatens to 'Annihilate' Iran· Politics
Ahead of the midterm elections, Trump did not rule out declaring an emergency under the Insurrection Act. He also rejected Iran's offer to reopen the Strait of Hormuz and threatened to wipe Iran out, raising the risk of sharp swings in oil and safe-haven asset prices.
Government Bond Yields Climb Across Major Economies; UK 30-Year Tops 6% Intraday· Economy & Markets
Long-term government bond yields rose across major economies, led by the US and France, with the UK 30-year yield briefly topping 6% before slipping back below that level. Rising government borrowing costs are adding to fiscal pressure and financial market jitters.
Bank of England Governor Bailey Warns AI Threatens Financial Stability· Economy & Markets
Bank of England Governor Andrew Bailey formally warned that AI could threaten financial stability, citing deposit flight driven by AI agents and a possible investment bubble in data centers. This central bank caution about the AI investment boom could lead to calls for tighter financial regulation.
UN Peacekeeping Force in Lebanon (UNIFIL) to Begin Withdrawal at Year-End· Geopolitics
The UN peacekeeping force in Lebanon, which has operated for 48 years, will begin withdrawing at the end of the year while Israeli forces occupy about 6% of Lebanese territory and build a buffer zone. The loss of monitoring raises the risk of armed conflict between Israel and Lebanon.

Full country-by-country summaries for Oct 2, 2026 (Korean) →

USD/KRW exchange rateUS 10-year Treasury yieldKorea 3-year yieldKOSPI 200Nasdaq 100Hang Seng indexWTI crude oil priceBitcoin price

This briefing is an automated summary of public market data and news-broadcast summaries from several countries, for information only — not investment advice. Figures follow the table's source data; markets may have moved since publication.