South Korea April 1st-10th exports rose 36.7% Y/Y, Imports rose 12.7% Y/Y and Trade Balance at a provisional surplus of USD 3.1bln
The significant rise in South Korea's exports (36.7% Y/Y) indicates robust demand, potentially supporting the economy and signaling strong global trade dynamics.
PBoC is expected to set USD/CNY mid-point at 6.8395 (prev. 6.8654)
US Southern Command says five narco terrorists were eliminated in strikes carried out on two vessels in the Eastern Pacific on Saturday
South Korea April 1st-10th exports rose 36.7% Y/Y, Imports rose 12.7% Y/Y and Trade Balance at a provisional surplus of USD 3.1bln
[MARKET UPDATE] Asia-Pac stocks begin the week lower as oil surges following failed US-Iran talks in Islamabad and President Trump's announcement of a US naval blockade in the Strait of Hormuz
Sirens sound is western Galilee following a Hezbollah missile attack
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The notable increase in imports (12.7% Y/Y) implies heightened domestic consumption, which may influence the current account outlook positively. This trade surplus could further bolster the Korean won while also impacting forex flows as investors assess shifts in risk sentiment across the region.
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