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Korea's finance ministry will release its second-half economic strategy next week and is likely to lift its 2.0% GDP growth forecast sharply, after the OECD and IMF both raised their Korea projections to 2.6% on a stronger-than-expected semiconductor recovery. The Bank of Korea will simultaneously decide on a rate hike, and a hawkish move on upgraded growth would pressure short-end Korean yields higher and could support the won against the dollar. Watch whether the BOK actually hikes or holds with hawkish guidance, and how much of the upgrade is chip-export driven, as that determines the follow-through for KOSPI semiconductor names like Samsung Electronics and SK Hynix.
As a Macro signal, watch whether it changes price action, volatility, or flows around KOSPI, KRW=X, 005930.
Original Source: 토큰포스트
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