Soaring oil prices, weakening won weigh on Korea's economy

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Mar 8, 2022Specter of stagflation looms due to soaring oil prices, weakening won - The Korea Times-13.5%
• Aug 25, 2023Oil futures up 1% to one-week high on soaring US diesel prices+5.3%
• Jun 3, 2022Canadian dollar dips but posts 3rd weekly gain on soaring oil prices - The Globe and Mail+4.0%
• Jul 27, 2017The U.S. dollar drop could send gold prices soaring+2.0%
• Oct 1, 2026Rand weakens to three month low as stronger dollar and oil price weigh on South Africa-2.3%

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Dec 5, 2016The good oil on grain prices… - Grain Central-0.3%
• Apr 30, 2026South Korean Won Weakens to 1,480s as Oil Surges and Fed Turns More Hawkish | Aju Press-15.3%
• Jan 9, 2017Oil Prices: What to Make of the Volatility-2.8%
• Jul 31, 2026Rupee posts strongest week since March on RBI support - The Economic Times-7.1%
• Jan 14, 2019The Week Ahead: Will the ringgit and oil prices continue to do well this week? | KLSE Screener+4.2%

Not enough comparable past events yet for a historical read.