BoK forecasts Samsung Electronics (005930 KS) strike to cut GDP growth by 0.5 percentage points
The Bank of Korea's forecast indicates that the ongoing strike by Samsung Electronics could lead to a downturn in GDP growth by 0.5 percentage points.
RBA Assistant Governor Hunter says risk of inflation expectations drifting higher is elevated, and the Middle East conflict is a clear external shock, adds recent rise in oil prices is particularly challenging to navigate
Australian Treasurer Chalmers says the Budget aims to be helpful, not harmful on inflation
BoK forecasts Samsung Electronics (005930 KS) strike to cut GDP growth by 0.5 percentage points
New Zealand PPI Input QoQ (Q1) Q/Q 1.4% vs. Exp. 0.8% (Prev. -0.5%)
New Zealand PPI Output QoQ (Q1) Q/Q 0.8% vs. Exp. 0.5% (Prev. 0.1%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This highlights the potential impact of labor disruptions on the broader economy, especially considering the importance of Samsung in the tech sector and its influence on manufacturing output. Traders should keep an eye on growth-related markets and consider how this development might affect monetary policy positioning going forward.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 1 day ago
- US FX WRAP: Dollar little changed as markets await US CPI/PPI1 day ago
- Newsquawk European Market Wrap - 8th September 20261 day ago
- South African GDP Growth Rate (Q2 QQ) -0.2% vs. Exp. -0.1% (Prev. 0.5%)1 day ago
- South African GDP Growth Rate (Q2 YY) 0.9% vs. Exp. 1.2% (Prev. 1.9%)1 day ago
- [MARKET ANALYSIS] JPY continues to advance, benefiting from domestic data; USD mildly firmer1 day ago
- South Korean GDP Growth Rate Final (Q2 QQ) 0.6% vs. Exp. 0.6% (Prev. 1.8%)2 days ago
- South Korean GDP Growth Rate Final (Q2 YY) 3.7% vs. Exp. 3.7% (Prev. 3.6%)2 days ago
- European GDP Growth Rate 3rd Estimate (Q2 YY) 1.2% vs. Exp. 1% (Prev. 0.5%)2 days ago
- European GDP Growth Rate 3rd Estimate (Q2 QQ) 0.6% vs. Exp. 0.4% (Prev. -0.2%)2 days ago
- Newsquawk Daily European Opening News - 7th September 20262 days ago
- Samsung Display (005930 KS) is reportedly set to significantly expand 2027's supply volume, focused on foldable phones and iPads, ZDnet reports1 day ago
- China passenger car sales fell 23.7% YoY to 1.55 mln units in August, according to the China Passenger Car Association1 day ago
- Japan reportedly sees a US President Trump and PM Takaichi talk in late September, Kyodo reports 2 days ago
- Japanese GDP Price Index Final (Q2 YY) 2.6% vs. Exp. 2.6% (Prev. 3.2%)2 days ago
- Japanese GDP Private Consumption Final (Q2 QQ) 0.0% vs. Exp. 0% (Prev. 0.3%)2 days ago
- Japanese GDP External Demand Final (Q2 QQ) 0.5% vs. Exp. 0.5% (Prev. 0.3%)2 days ago
- Japanese GDP Capital Expenditure Final (Q2 QQ) -0.9% vs. Exp. -0.8% (Prev. -0.7%)2 days ago
- Japanese GDP Growth Annualized Final (Q2) 1.4% vs. Exp. 1.1% (Prev. 1.8%)2 days ago
- Japanese GDP Growth Rate Final (Q2 QQ) 0.4% vs. Exp. 0.4% (Prev. 0.5%)2 days ago
The whole workspace, free to try.
Try it free