Asia week ahead: Korea and Taiwan inflation data and China manufacturing figures
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https://think.ing.com/articles/asia-week-ahead-290526/
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https://think.ing.com/articles/asia-week-ahead-290526/
The desk anticipates that upcoming economic data from Asia, paired with South Korea's interest rate decision, will shape market sentiment. Per the full note from ing-think, the focus will be on inflationary pressures, particularly in South Korea and Japan, as well as China's industrial profits, which are crucial in assessing the region's economic health. As global inflation concerns grow, any shift from the Bank of Korea could send ripples through the broader FX market. With key data releases on the horizon, traders should prepare for volatility in Asian currencies.