KRW

South Korean trade intensity increased in the first 20 days of April

• Exports and imports both higher y/y

Japan, US and South Korea met to discuss the super strong USD, the super weak JPY and KRW

• Ratchets the prospect of intervention up a little

Bank of Korea Gov Rhee says ready to deploy measures to counter excessive FX moves

• South Korean concern about the sliding KRW

South Korea & Japan have both expressed serious concerns on their depreciating currencies

S Korean Vice Finance Minister says will take immediate bold measures against excess moves

Bank of Korea Governor Rhee says oil prices will continue higher than expected

Bank of Korea says its too early to be confident inflation will converge on target level

Samsung expected to raise the price of enterprise SSDs (NAND sector) by 20-25% in Q2

• If you think they are pricey now ....

South Korean March core CPI has risen at its slowest since December 2021

• Good news on the global inflation front from South Korea

North Korea shuns proposed summit with Japan

• KCNA reports, saying that North Korea will reject any further negotiations with Japan

South Korea wholesale inflation (PPI) for February +0.3% m/m (prior +0.5%)

• South Korean inflation data

South Korea’s export of computer chips increased four months in a row as of February.

• AI demand bolster

North Korea fired what could be a ballistic missile (Japan's coast guard announcement)

South Korean Inflation accelerated in February after three months of declines

• Last mile questions raised

South Korea says may give a clearer picture on short-sell ban sometime in March

• The ban was begun late last year and will go to June