MSCI said liquidity in South Korea’s onshore FX market remains broadly insufficient during extended FX trading hours to support execution as tight as in developed markets.

Sustained Ukrainian drone attacks on Russian refineries have worsened gasoline shortages, prompting fuel rationing or supply interruptions in at least two-thirds of Russian regions. From border areas to Amur Oblast, regional governors are daily restricting station sales to curb panic buying; Irkutsk’s governor said fuel is being allocated per consumer and prioritized for emergency services, public transport and agriculture. Several major refineries have been taken offline, retail gasoline prices have risen, and Moscow has banned jet-fuel exports. Authorities warned shortages could deepen if drone strikes increase; the resulting upward pressure on inflation may heighten central bank concerns.

Bank of Japan Governor Ueda said he will weigh the timing and pace of rate hikes while assessing the impact of the Middle East conflict.