First quarter GDP figures are due from South Korea at 2300GMT.
The median forecast from a Reuters survey of 25 analysts is for a seasonally adjusted 0.6% figure (the result for Q4 2012 was +0.3%).
- There is a stimulus package in the works, but it wont be reflected in today’s results.
- There are concerns in South Korea of the impact of a weaker yen, which will make Japanese exports more competitive against Korean exports (on similar products)
“Abenomics will weigh on South Korean exporters, but when that will start materialising is hard to tell,” said Lim Dong-min, an economist at Kyobo Securities in Seoul
