Won's Strength Could Weaken South Korea's Favorable Terms of Trade -- Market Talk
Dow Jones2026/09/01 06:550655 GMT - The won's recent sharp appreciation could weaken the favorable terms of trade for the export-driven South Korean economy, Barclays's Bum Ki Son says. The stronger won could have a bigger impact on nontech exporters, which have thinner margins and significant foreign-exchange exposure in their earnings, the economist writes in a note. He expects the earlier boost to exports from the won's weakness to start fading from September. The dollar has shed nearly 5% over the past month to 1,370.83 won, the weakest level since July 2025, FactSet data show. The country earlier posted another month of strong semiconductor-led exports in August. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
September 01, 2026 02:55 ET (06:55 GMT)
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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
