Read full post at forexlive.com
The contraction for South Korea’s economy
in the second quarter was unexpected:
Advance Q2 GDP -0.2% q/q, the sharpest contraction in six quarters
For the y/y, came in at +2.3%
Attention now turns to the Bank of Korea meeting on August 22. Market expectations have been for a cut in Q4.
This article was written by Eamonn Sheridan at www.forexlive.com.
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