Korea (Republic of) PPI YoY (Feb) Y/Y 2.4% (Prev. 1.9%)
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Explosions were heard near Chamran and Ba'ath, Isfahan in Iran, while missile site of Andimshek was also heavily targeted
Strong explosion reportedly sounded in the sky of Iran's capital Tehran, according to Al Jazeera
Korea (Republic of) PPI YoY (Feb) Y/Y 2.4% (Prev. 1.9%)
Saudi Defense spokesperson stating they're intercepting a march in the eastern province
Israeli raids on the southern suburb of Beirut, according to Sky News Arabia
On the Newsquawk feed at , 20 minutes before this page.
Context
Korea's PPI YoY came in at 2.4% for February, exceeding the previous 1.9%. This uptick suggests rising input costs that could feed into consumer prices, potentially signaling pressure on monetary policy if sustained. Traders should consider how this aligns with recent inflation trends and the broader implications for rates and the Korean won.
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