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Wednesday saw TD Securities note that.........>

KOREA
KOREA: Wednesday saw TD Securities note that "recent data have revealed a
worsening in Korea's economy, with exports falling sharply, especially in the
tech sector, leading to official revisions lower to growth and inflation
forecasts today. The intensification of a trade spat with Japan could lead to
more pressure, especially on an already weak tech sector while also impacting
global supply chains. Pressure on BoK to ease policy has grown, with a cut on 18
July increasingly likely. KRW is also likely to remain vulnerable, with a move
to 1200 versus USD on the cards over coming weeks."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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