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Barclays economist Bum Ki Son said the recent sharp won appreciation could weaken South Korea's favorable terms of trade and increase pressure on exporters, with non-tech firms likely hardest hit due to lower margins and greater FX sensitivity. He sa

2026-09-01

Barclays economist Bum Ki Son said the recent sharp won appreciation could weaken South Korea's favorable terms of trade and increase pressure on exporters, with non-tech firms likely hardest hit due to lower margins and greater FX sensitivity. He said the export boost from earlier won weakness should begin fading in September. USD/KRW has fallen about 5% over the past month to 1,370.83, the lowest since July 2025. Official data showed August exports remained strong, led by semiconductors.

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2026-09-01

Oxford Economics says Canada's planned retaliatory tariffs on U.S. goods, due to take effect Sept. 8 and covering roughly C$27.5 billion of annual trade (about US$19.8 billion), will shelter some domestic manufacturers but raise costs and hurt most i

Oxford Economics says Canada's planned retaliatory tariffs on U.S. goods, due to take effect Sept. 8 and covering roughly C$27.5 billion of annual trade (about US$19.8 billion), will shelter some domestic manufacturers but raise costs and hurt most industries, weighing on national GDP by increasing producers and consumer costs. Ontario and Quebec face the biggest hit given concentrated manufacturing exposure; Atlantic provinces and British Columbia will also be pressured as higher prices and weaker household purchasing power dampen their service-led economies.
2026-09-01

S&P Global said Tuesday France’s final August manufacturing PMI rose to 51.1 from July’s 49.8 but undershot the earlier flash 51.5. Output increased for the first time since April while new orders declined. S&P Global Market Intelligence chief econom

S&P Global said Tuesday France’s final August manufacturing PMI rose to 51.1 from July’s 49.8 but undershot the earlier flash 51.5. Output increased for the first time since April while new orders declined. S&P Global Market Intelligence chief economist Joe Hayes said the reading, despite being better than the flash, offers limited grounds for optimism because demand remains weak, business confidence has fallen and inventory drawdown has accelerated, making the output rebound unconvincing.
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