Japanese Factories Drop 1.6% While Korean Electronics Surge 20.9% - Traders Reveal Hidden Opportunities
Key Points
- Japan's manufacturing fell 1.6% in July, worse than expected...
Japan's factories just pulled off their best impression of a tourist in Tokyo - they took one step forward in June, then promptly tripped over their own feet in July with a 1.6% monthly decline. That's worse than the 1.0% stumble analysts were expecting, and it marks the steepest fall since November 2024.
The year-over-year numbers tell an even more dramatic story. June's robust 4.4% annual growth - the strongest in nearly three years - completely vanished into a 0.9% decline by July. It's like watching someone flex their muscles right before face-planting at the gym.
**When Kimchi Beats Sus...
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