UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Tariffs start to show up'
21 Mar 2025
Description
South Korean export data for early March recovered from lunar new year distortions. Export strength was led by ships and chips—more-consumer-oriented sectors were not so robust. The data is a positive signal for Korea, but does not perhaps say much about global demand as trade taxes increase.
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