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Add as a preferred source on GoogleThe Bank of Korea's (BoK) monetary policy decision will be a close call, but rates are likely to remain on hold. Although consumer spending and business sentiment have picked up, exports have continued to struggle, and r…
The Bank of Korea's (BoK) monetary policy decision will be a close call, but rates are likely to remain on hold.
Although consumer spending and business sentiment have picked up, exports have continued to struggle, and remain the biggest risk to the economic outlook.
But one factor which will weigh heavily on the BoK's thinking is Korea's high debt burden, as low interest rates have already led to an acceleration in household credit growth recently.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
