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Korean dollar-denominated deposits rose to $59.9 billion in June, and gold sales peaked over recent months as investors sought safe assets. The increase reflects concerns over the US-China trade dispute and Japan's export restrictions.
Safe-haven flows into dollars and gold signal risk aversion in Korea, which can dampen import appetite and reflect broader trade-war uncertainty that weighs on agricultural trade sentiment.
koreatimes.co.krLee Kyung-minJul 17, 2019After 89 past bullish geopolitics events, DXY moved a median +0.5% over 5 sessions (74% higher; middle half -0.0% to +1.0%), and +0.3% over 20.
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.
