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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
KRW

South Korean Won Extends Losses on US-Iran Risks

The South Korean won weakened to around 1,515 per dollar, extending losses from the previous session amid lingering uncertainty surrounding US-Iran negotiations and higher oil prices. US President Donald Trump said he was in no hurry to finalize a deal with Iran, despite earlier expectations that an agreement could be reached soon, while disagreements over nuclear terms and the reopening of the Strait of Hormuz continued to cloud the outlook. Rising crude prices added pressure on the won, given South Korea’s heavy reliance on energy imports. However, losses were tempered by strong export fundamentals, with South Korea’s outbound shipments surging 53% year-on-year to a record $87.8 billion in May, driven by a 169% jump in semiconductor exports. Additionally, the KOSPI climbed to a fresh record high amid continued optimism surrounding AI-related investment and technology demand, helping improve risk appetite.

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