South Korea Set for 10th Straight Month of Export Growth, WSJ Poll Shows -- Market Talk
The prospect of a Fed interest rate cut and strong exports may lead to a rebound in the South Korean won.
With the favorable impacts from domestic and international factors, the South Korean won is expected to rebound.
South Korea GDP Miss Not a Cause for Alarm Yet -- Market Talk
South Korea Q2 GDP Slips 0.2% on Quarter, Up 2.3% on Year
South Korea's economy unexpectedly shrank by 0.2% in Q2 due to continued weak consumer spending under high interest rates.
South Korea's economy experienced a reversal in the last quarter, after an unexpected growth at the beginning of the year, which poses a challenge for policymakers as they try to stimulate investment and consumer spending.
South Korea's GDP Declines 0.2% in Q2 Over Prior Quarter