South Korean markets saw a material pullback, with equities selling off, the won weakening, and bond yields jumping to multi-year highs. The softer tone comes despite exports risin
South Korean markets saw a material pullback, with equities selling off, the won weakening, and bond yields jumping to multi-year highs. The softer tone comes despite exports rising for a sixteenth straight month on solid AI chip demand, though business sentiment slipped for the first time in three months as rising costs weigh on firms. Geopolitical headlines add background noise, including a suspected North Korean mine injuring soldiers at the DMZ and reports of more North Korean troops heading to Russia.
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