South Korea's Q1 GDP surged 1.7% quarter-on-quarter and 3.6% year-on-year, far exceeding market forecasts of 0.93% and 2.7% respectively, driven by robust semiconductor exports and recovering consumption amid improved income and asset conditions, marking the strongest quarterly growth since Q3 2020.
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Q1 GDP Surges 1.7% QoQ - Surprise Beat
South Korea's first-quarter GDP growth dramatically exceeded market expectations with 1.7% quarter-on-quarter expansion, nearly doubling consensus forecast of 0.9%
South Korea's major financial regulators release weekly schedules for April 20-26, featuring Bank of Korea Governor Lee Chang-yong's farewell ceremony, Q1 GDP release, and FSC chairman's overseas trip to India and Vietnam
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[This Week's Schedule of Bank of Korea, Financial Services Commission, and Financial Supervisory Service]South Korea Financial Regulators Weekly Schedule - April 20-26
South Korea's major financial regulators release weekly schedules for April 20-26, featuring Bank of Korea Governor Lee Chang-yong's farewell ceremony, Q1 GDP release, and FSC chairman's overseas trip to India and Vietnam
Chinese stocks climbed on strong Q1 GDP growth of 5.0% that beat expectations of 4.8%, with technology shares leading gains as the Shanghai Composite rose 0.70% and Shenzhen Composite surged 1.80% amid improved investor sentiment and easing geopolitical tensions between the U.S. and Iran.
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[New York Foreign Exchange Market - Weekly]Has the Dollar Bottomed Out? Time to Verify 'Hard Data'
Dollar seeks rebound amid U.S. economic data releases, with focus on Q1 GDP and April employment figures as indicators of trade war impact
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