Korea (Republic of) Industrial Production YoY (Dec) Y/Y -0.3% vs. Exp. -2.1% (Prev. -1.4%)
The industrial production data from South Korea showing a year-on-year decline of -0.3% significantly outperformed expectations of -2.1%.
US President Trump posts "America is setting Records in every way, and our Growth Numbers are among the best ever. The only thing that can slow our Country down is another long and damaging Government Shutdown", calls for Congress to vote "YES"
White House notes that US President Trump signed an executive order declaring a national emergency and establishing a process to impose tariffs on goods from countries that sell or otherwise provide oil to Cuba
Korea (Republic of) Industrial Production YoY (Dec) Y/Y -0.3% vs. Exp. -2.1% (Prev. -1.4%)
PRE-MARKET AUSTRALIAN STOCKS NEWS: Nine Entertainment (NEC AT) executed a billion-dollar media deal in which it is buying QMS billboards and is selling radio assets
US President Trump confirms he's signing a historic executive order to combat the scourge of addiction and substance abuse
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This better-than-anticipated result may suggest a more resilient economic environment than previously thought, which could influence market sentiment positively and potentially impact forex and equity markets in the region.
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