Korea (Republic of) Inflation Rate YoY (Mar) Y/Y 2.2% vs. Exp. 2.4% (Prev. 2%)
The South Korean inflation rate for March came in at 2.2%, below expectations of 2.4% and up from the previous rate of 2%.
EMSC announces a tsunami alert after earthquake in Indonesia region.
Institute of Chartered Accountants in England and Wales survey showed the Iran war impacting UK business confidence with a quarterly survey declining to -1.1 from a previous +2.8
Korea (Republic of) Inflation Rate YoY (Mar) Y/Y 2.2% vs. Exp. 2.4% (Prev. 2%)
Magnitude 7.8 earthquake strikes 119km WNW of Ternate, Indonesia, according to the USGS
PRE-MARKET AUSTRALIAN STOCKS NEWS: BHP Group (BHP AT) completed a USD 4.3bln silver streaming agreement with Wheaton Precious Metals
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This miss could signal easing inflationary pressures, which might influence Bank of Korea's future rate decisions and provide a more accommodative policy stance as markets assess implications for the won and regional economic dynamics.
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