Taiwan: Tech boom drives record trade – ING

💡 DMK Insight

Taiwan’s export surge is a game changer for traders focused on tech stocks and regional currencies. With exports growing at their fastest since 2010, this signals robust demand for Taiwanese tech products, likely boosting companies like TSMC and impacting the broader semiconductor sector. Traders should watch for potential upward pressure on the TWD as increased export activity strengthens the currency. This could also influence related markets, such as South Korean tech stocks, which often move in tandem with Taiwanese performance. However, be cautious; while the Lunar New Year typically boosts exports, it can also lead to volatility as traders react to seasonal patterns. Keep an eye on key technical levels for TWD and major tech stocks, especially if they approach resistance points. The next few weeks will be critical as we assess whether this growth is sustainable or just a seasonal spike.