South Korea Investors will closely watch Bank of Korea Gov. Shin Hyun-song’s speech at the central bank’s anniversary slated for Thursday. After the central bank held rates steady and made upward revisions to its growth and inflation forecasts, South Korean stocks have rallied, the won has weakened and oil-driven inflation has kept a bias towards higher yields. “With Gov. Shin signalling that chip-sector profits may offset the usual terms-of-trade income drag, there is room for the central bank to become more hawkish,” HSBC analysts said, adding that investors are pricing a firm path higher, and the key factor to watch…
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