More poor South Korean data – preliminary data for July show exports plunge

South Korean July 1-20 exports (data via the Customs agency, Reuters)   —
July 1-20 imports
Semiconductor exports -30.2% y/y  ‘Canary in the coalmine’ is often how the performance of SK is viewed. If these are anything to go by its an ex-canary. There will be impact in these from Japan’s move on curbing exporting technology products to the