South Korea’s export growth slowed in September, with little increase in goods arriving in the United States, a result that could support market expectations of monetary policy as early as next week.
Mongkol Chuewong |Moments |Getty Images
Overnight on Wall Street, Trump levies risky moods, and investors are waiting for the interest rate decisions of South Korean banks, the Asia-Pacific market is scheduled to open on Tuesday.
Australia S&P/ASX 200 The Open fell 0.47%.
Japan’s Nikkei 225 Futures pointed out that the market opening rate was low after returning from the holidays. Chicago’s futures contract is 38,065, while its peers in Osaka are 38,050, while the index’s previous batch deadline is 38,776.94.
The Hang Seng Index Futures in Hong Kong was 22,824, which was also lower than the last end of HSI of 23,341.61.
Bank of South Korea is expected to lower the bank by 25 basis points later in the day, according to a Reuters poll. Citi analysts say that in the case of steady inflation, BOK could “prioritize the risk of stable economic growth rather than external financial imbalances.”
South Korea has been facing political uncertainty due to improper lawsuits against President Yoon Suk Yeol Martial Law Order In December.
In the United States overnight, the market failed to recover from last Friday’s sell-off. The broad market index lost 0.5% to 5,983.25. this Nasdaq Composite Materials It fell by 1.21%, ending the meeting’s 19,286.92. this Dow Jones Industrial Average At the price of 43,461.21, it rose 33.19 points, or 0.08%.
Continued concerns over U.S. President Donald Trump’s trade war continue to remain heavy on market sentiment. Trump announced on Monday that tariffs on Canada and Mexico will be Implemented Once the one-month delay period ends next week.
– Hakyung Kim and Jesse Pound of CNBC contributed to this report.
