# S.Korean shares fall as U.S.-China tensions heighten, domestic factory output shrinks - Supply Chain Council of European Union | Scceu.org

> South Korean shares fell on Friday as Sino-US tensions rose after Beijing voted for a new security law on Hong Kong, and the US prepared to pressure Beijing over the issue. April factory output contracted at its sharpest pace in over a decade as coronavirus lockdowns hit global demand. The won strengthened slightly against the dollar.

- Date: 2020-05-29 · published 2020-05-29T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/53365-s-korean-shares-fall-as-u-s-china-tensions-heighten-domestic-factory-output
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Escalating US-China friction raises the risk of trade retaliation that could hit Chinese feed demand, while weak Korean industrial output signals softer regional demand. The effect on feed commodity prices is indirect and modest.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- scceu.org: https://scceu.org/s-korean-shares-fall-as-u-s-china-tensions-heighten-domestic-factory-output-shrinks/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.