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macroJul 6, 2026, 5:44 AM

RBNZ Decision Due Wednesday; South Korea Volatility Weighs

The Reserve Bank of New Zealand decision is due on Wednesday. Asia markets are mixed as South Korea equity volatility continues and the country starts 24-hour FX trading. Samsung releases Q2 prelim results on Tuesday, while Hon Hai rises on strong sales and Q3 guidance.

NZDUSD

Asia markets opened mixed on Monday as persistent South Korea equity volatility weighed on global sentiment. The country has begun 24-hour foreign exchange trading, adding a new dimension to market dynamics.

Samsung Electronics is set to release its second-quarter preliminary results on Tuesday, a key event for the tech sector. Meanwhile, Hon Hai Precision Industry (Foxconn) rose on the back of solid June sales figures and an optimistic third-quarter outlook.

The Reserve Bank of New Zealand’s monetary policy decision is scheduled for Wednesday, drawing attention from FX traders. The New Zealand dollar is likely to see increased volatility around the announcement.

Source: FXStreet Forex News