There is a lot of concern in South Korea about the BOJ’s massive monetary easing and the weakness of the yen. South Korea’s central bank Governor, Kim Choong-soo, speaking on Wednesday:
said on Wednesday that authorities were keeping a close eye on the effects from the yen’s slide, saying the weakness would likely persist for a long time. The yen’s weakness “is still at its beginning stage,”
South Korean export industries, he said, are “vulnerable to the weak yen.”
–
We’ve got South Korean Q1 GDP due out at 2300GMT, preview here.
