Korea (Republic of) Industrial Production MoM (Feb) M/M 5.4% (Prev. -1.9%)
The substantial rise in South Korea's industrial production by 5.4% in February indicates a significant rebound from the previous month's decline of -1.9%.
[MARKET UPDATE] Oil prices extend on gains with WTI crude up around 3% after further upside was on reports that Iran targeted a Kuwaiti crude carrier in Dubai port
UK BRC Shop Price Inflation (Mar) 1.2% vs. Exp. 1.3% (Prev. 1.1%)
Korea (Republic of) Industrial Production MoM (Feb) M/M 5.4% (Prev. -1.9%)
Kuwait warns of a potential oil spill after an Iranian strike hit a Kuwaiti crude carrier in Dubai port
PRE-MARKET AUSTRALIAN STOCKS NEWS: RBA is to ban credit and debit card surcharges
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This sharp turnaround may suggest improving economic conditions and could have implications for monetary policy, potentially leading to a reassessment of growth and inflation expectations.
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