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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SOUTH KOREA
South Korean unemployment rate drops to 3.7% in April against expectations of 3.9% and 3.9% last time out. The lower unemployment rate was augured by consumer confidence and business survey's which have risen recently. Earlier this week President Moon said growth of over 4% was achievable and touted the labour market as a key component in the recovery. KRW 1-month NDF's last up 1.27 at 1119.96, unchanged after the data, having reclaimed the opening gap lower from Monday.
- Fig.1: South Korea Unemployment Rate
Source: Statistics Korea
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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