Korea’s Won: Seoul Says Immune, Washington Says Tariffs
Seoul’s central bank called the won immune; Washington put Samsung and SK Hynix on notice. The won ended the week stronger at 1,350.4.
Seoul’s central bank called the won immune; Washington put Samsung and SK Hynix on notice. The won ended the week stronger at 1,350.4.
On Aug 27 the Bank of Korea raised its base rate to 3% and its governor said “preemptive” 14 times — the same week the Fed’s Warsh refused to signal his next move.
Nvidia reports after the US close on Aug 26. Seoul opens 3h40m later — the first major market to trade the print in cash, on the same Thursday morning the…