S. Korean Exports Prelim Actual 83.5% (Forecast 62.5%, Previous 68.7%)
S. Korean Exports Prelim Actual 83.5% (Forecast 62.5%, Previous 68.7%)
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S. Korean Exports Prelim Actual 83.5% (Forecast 62.5%, Previous 68.7%)
S. Korean Exports Prelim
S. Korean Exports Prelim
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Three years after China curbed exports of gallium and germanium, the West is still experiencing price pain and awaiting Western production to alleviate supply shortages, with prices now at 9 to 10 times 2023 levels.
South Korea exports report preliminary actual of 68.7%, compared with 63% forecast and 63.0% prior.
S. Korean Exports Prelim
S. Korean Exports Prelim Actual 62.8% (Forecast 60.6%, Previous 70.7%)
S Korea releases preliminary export data
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) - - *** As always times are subject to change *** - - 17:00 (KR) South Korea Jun Foreign Reserves: No est v $427.0B prior - - 18:00 (NZ) New Zealand Jun ANZ Consumer Confidence: No est v 86.5 prior - - 19:00
***General Trend and Developments*** -Overall Asian equities are again directionless ahead of the upcoming US-related events. Cautious start to the new quarter? - Disappointing PMIs seen throughout Asia [including China, Indonesia, Japan, South Korea, Taiwan, Vietnam]. The Chinese data was hurt by new export orders. -S
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) ***As always times are subject to change*** **Economic data** - (RO) Romania Jun International Reserves: No est v $77.0B prior - (AR) Argentina Jun Government Tax Revenue (ARS): No est v 21.513T prior - (ZA)
S. Korean Exports Prelim Actual 70.9% (Forecast 60.9%, Previous 53.4%)
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) *** As always times are subject to change *** - 19:00 (AU) Australia Jun Final PMI Manufacturing: No est v 51.2 prelim - 19:50 (JP) Japan Q2 Tankan Large Manufacturing Index: 16e v 17 prior; Large Manufactur
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) - - *** As always times are subject to change *** - - 19:00 (KR) South Korea May Industrial Production M/M: +0.5%e v -0.7% prior; Y/Y: 3.6%e v 1.5% prior; Cyclical Leading Index Change: No est v 0.6 prior
S. Korean Exports Prelim
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) ***As always times are subject to change*** **Economic data** - 01:00 (FI) Finland Jun Consumer Confidence: No est v -10.5 prior; Business Confidence: No est v 3 prior - 02:00 (SE) Sweden May Trade Balance (
South Korea releases preliminary export data
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) *** As always times are subject to change *** - 17:00 (KR) South Korea Jun Business Manufacturing Survey: No est v 100.8 prior; Non-Manufacturing Survey: No est v 97.5 prior - 18:00 (HU) Hungary Jun Business