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Flash
22:07
The Korean won strengthened slightly on the first day of implementing 24-hour trading.```htmlGolden Ten Data reported on July 6 that the Korean won strengthened slightly against the US dollar on its first day of 24-hour full-day trading. The launch of the 24-hour trading mechanism is a major move by the South Korean government to improve channels for overseas investors to enter the local market and to seek inclusion in the MSCI developed market index. This reform also reflects that the South Korean economy has gradually shifted towards more overseas investment, making it increasingly unreasonable to restrict trading of the won to local market hours. Last week, the won dropped to its weakest level since 2009. South Korean Vice Finance Minister Moon Ji-seong stated last Friday that regulators would strengthen monitoring of night session trading before the official implementation of 24-hour trading on Monday. The won is one of the weakest-performing currencies in Asia this year. The Iran war has pushed up energy prices, and overseas investors selling local stocks after a sharp rally in the South Korean stock market to rebalance their portfolios have both added pressure on the won.```
22:07
Spot platinum has just broken through the $1,640.00/oz mark, now trading at $1,648.25/oz, up 0.58% on the day; the main Nymex platinum futures contract is now at $1,651.9/oz, up 1.46% on the day.Spot platinum just broke through the $1,640.00/ounce mark, now quoted at $1,648.25/ounce, up 0.58% on the day; Nymex platinum futures main contract is currently quoted at $1,651.9/ounce, up 1.46% on the day;
22:04
Spot gold opened slightly higher, up 0.05%, at $4,177.86 per ounce.Spot gold opened slightly higher by 0.05%, quoted at $4,177.86 per ounce
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