Reply To: Traders Market Weekly: Summer, Manufacturing, Jobs and Debt Ceiling

25 May '23 at 8:22 am #59164
Truman
Participant

South Korea’s April PPI -0.1% m/m (expected 0.3%; last 0.1%); 1.6% yr/yr (expected 2.3%; last 3.3%)

South Korea’s President Yoon confirmed that he will represent his country at the NATO summit in July.

The Bank of Korea left its base rate at 3.50%, as expected, and increased its terminal rate forecast by 25 bps to 3.75%.