Korea (Republic of) Inflation Rate YoY (Feb) Y/Y 2.0% vs. Exp. 2.1% (Prev. 2.0%, Rev. From 2%)
South Korea's year-on-year inflation rate for February came in slightly below expectations at 2.0%, compared to the forecast of 2.1%.
Saudi Defence Ministry reports interception of three ballistic missiles launched towards Prince Sultan Air Base
Israel's home front announces sirens sounding in Metula in northern Israel
Korea (Republic of) Inflation Rate YoY (Feb) Y/Y 2.0% vs. Exp. 2.1% (Prev. 2.0%, Rev. From 2%)
Israel is conducting a new raid on Beirut's southern suburbs
PRE-MARKET AUSTRALIAN STOCKS NEWS: ANZ Group (ANZ AT) is reportedly weighing whether to exit its billion-dollar payments venture with Worldline
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This aligns with the previous month's reading but reflects ongoing pressure on price levels, which could influence the Bank of Korea's policy stance moving forward. The data may also impact forex markets, particularly the KRW, as market participants adjust their expectations for future rate decisions.
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