BLOOMBERG Bloomberg July 3, 2024
To that 155 mark. The lookout for any Government Action to support local currency. Given the b oj is expected to stay on hold later this week versus a still hawkish fed, likely to stay week for now. Thats the state of play for japan coming online. Yesterday we did see that kospi rebound. Today a little firmer as well. A full week slump. The focus turning to earnings, sk hyneks is one of the key to watch. Ppi raising 1. 6 on the year. Broadly the take away from that is domestic inflationary pressures are calling on south korea. The Economics Team is saying unless we see a further rise in oil pr...