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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Rule of law'

04 Dec 2024

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In the UK, 11pm is when pubs close and the risk of sending incoherent text messages increases. In South Korea, 11pm was when President Yoon decided to declare martial law. Parliament rejected this, martial law was rescinded, the cabinet is threatening to resign en masse, and impeachment proceedings against Yoon start today. The Bank of Korea pledged unlimited liquidity to markets.

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