Analysts at Australia and New Zealand Banking Group (ANZ) offer their quick reaction to the South Korean Q4 GDP release. Key quotes “South Korea’s preliminary Q4 GDP data signal that the economy losing momentum amid a third wave of infections and the associated tightening in restrictions.” “The pullback was led by private consumption growth, though a continued export recovery helped offset some of the weakness.” “Looking ahead, South Korea’s economy is in a good position to regain a firmer footing over the course of this year, helped by a favourable export structure and a vaccination campaign that is targeting herd immunity by November.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Silver Price Analysis: XAG/USD flat despite bullish candlestick pattern on the weekly chart FX Street 1 year Analysts at Australia and New Zealand Banking Group (ANZ) offer their quick reaction to the South Korean Q4 GDP release. Key quotes “South Korea’s preliminary Q4 GDP data signal that the economy losing momentum amid a third wave of infections and the associated tightening in restrictions.” “The pullback was led by private consumption growth, though a continued export recovery helped offset some of the weakness.” “Looking ahead, South Korea’s economy is in a good position to regain a firmer footing over the course of this year, helped by a favourable export structure and a vaccination campaign that is targeting herd… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
