South Korea Collateral Damage as Exports Slump For Ninth Straight Month

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    Posts
  • #21781
    TradersCom
    Keymaster

    South Korea continues to hit by the Chinese…

    [article]1704[/article]

    #22011
    TradersCom
    Keymaster

    Ahead Sun Sept 29, 2019

    19:00 KRW Industrial Production (MoM) (Aug)
    19:00 KRW Retail Sales (MoM)
    19:00 KRW Service Sector Output (MoM) (Aug)

    #22085
    ClemSnide
    Participant

    South Korea August Current Account Balance (USD) Falls to 5265.6M from 6949.4M

    August BoP Goods Balance (USD) 4768.3M (prev 6186.5M)

    #22156
    Helmholtz Watson
    Participant

    [color=red][size=5][b]Bank of Korea cuts cash rate by 25bps to 1.25% as expected to old record low
    [/b][/size][/color]
    Siouth Korea cut rates to 1.25% level last seen at end of 2017 which was record low.

    BOK last cut in July.

    Governor to hold a news conference from 0220GMT.

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