The Bank of Korea is expected to hold its benchmark rate unchanged at 3.25% when its monetary policy committee meets later in the day.
Asia-Pacific markets opened mixed on Thursday after Wall Street rally stalled overnight even as inflation data came in line with expectations., accelerating from 2.1% in September. The so-called core inflation, which excludes food and energy prices, climbed 2.8% in the 12 months through October, up from 2.7% in the previous month.expected to hold its benchmark rate
South Korea's blue-chip Kospi index shed 0.16% while the small-cap Kosdaq advanced modestly by 0.63%.Overnight in the U.S., declines in big technology names pulled markets lower in a thin trading session.The U.S. market will be closed on Thursday for the Thanksgiving holiday.CNBC Pro: 5 tech stocks in supply chain management could benefit from Trump's tariffs, Redburn Atlantic says
These tech stocks have outperformed during"periods of supply chain uncertainty," the Redburn analyst said citing 2018-2019 trade tensions between the U.S. and China.Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigned supreme among investors.
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