Korea Factory Output Misses Estimates

Korea Factory Output Misses Estimates

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Business

University

Hard

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The video discusses FX headlines, focusing on the end of the Fed's six-year asset purchase program, which increased its balance sheet significantly. This led to a notable rise in the US dollar index, as the Fed's focus on job market gains was perceived as a hawkish monetary policy stance. The Reserve Bank of New Zealand (RBNZ) kept its cash rate unchanged at 3.5%, indicating a period of assessment without immediate rate changes. Lastly, South Korea's industrial output showed marginal growth in September, falling short of forecasts.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the growth in industrial output in South Korea for September?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the actual growth in industrial output compare to forecasts?

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