Reply To: Traders Market Weekly: September Effect on Risk Appetite

24 Aug '23 at 9:22 am #64473
Truman
Participant

South Korea’s July PPI 0.3% m/m (expected 0.0%; last -0.2%); -0.2% yr/yr (expected -0.4%; last -0.3%)

The Bank of Korea left its repurchase rate at 3.50%, as expected, and Governor Rhee indicated that six out of seven policymakers are open to another 25-bps rate hike.