KRW

South Korea June exports (1st 10 days of the month) climb 14% per working day y/y

8 missiles fired in South Korea

US Special Envoy to North Korea Sung Kim says North Korea is preparing for a nuclear test

Bank of Korea forecasts inflation above 5% in June and July

South Korean core CPI surges to its highest y/y reading since February 2009

Samsung & Intel have met to talk on semiconductor co-operation amidst global chip shortage

China - Russia - North Korea axis wins out in the United Nations

• China and Russia have joined forces to veto the US push to impose more UN sanctions on North Korea

South Korea's central bank hikes base rate by 25bp, as expected. 1.5% to 1.75% now

• Bank of Korea rate hike

South Korea is expected to announce price control measures next week

Have the US and South Korea fired missiles at North Korean missile launches?

North Korea has fired a total of 3 ballistic missiles this morning (Asia time)

North Korea fires ballistic missile towards the Sea of Japan

South Korean fin min to meet with the head of the Bank of Korea re FX & the economy

• A heads up for discussions on intervention in the won!

North Korea says it's found a COVID-19 case. Kim Jong Un orders all cities to lock down.

South Korea exports +8.9% for the first 10 days of May