Livesquawk reporting latest client note from Nomura
- cuts of 0.25% now forecast for June and Oct vs Feb and June prev
- BOK's new economic outlook is optimistic
- Gov Lee seemed reluctant to cut interest rate even though the outlook was revised down
Earlier I had these comments from BOK depo gov Suh where he said recovery would be weak
Doesn't sound that optimistic to me but hey what do I know. I'm just a humble fx trader.