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Reuters poll economists expect Q1 GDP to have contracted about 1.5% quarter on quarter, the sharpest drop since 2008. South Korea's exports fell nearly 27% year on year in the first 20 days of April as lockdowns hit activity, and the won traded near three-week highs.
Weak exports and growth push the won weaker against the dollar, adding import cost pressure for Korean buyers. The impact on global grain or feed prices is minimal.
forexcrunch.comFX StreetApr 22, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
