S&P 500 — US Large Cap Index
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
The South Korean won weakened to around 1,498 per dollar, extending losses to its lowest level in over a month, as lingering geopolitical tensions and a stronger dollar weighed on sentiment. President Donald Trump’s comments that the ceasefire was on “massive life support” heightened concerns over escalation risks, keeping Strait of Hormuz supply disruption fears in focus and supporting oil prices. This increased pressure on South Korea’s energy import costs, given its reliance on imported crude and commodities. At the same time, hotter-than-expected US inflation reinforced expectations that the Federal Reserve may keep rates higher for longer, supporting US dollar strength and widening yield differentials with Asian currencies, further limiting recovery in the won. Volatility in Korean equities also weighed on sentiment, as foreign investors trimmed exposure after sharp swings in the KOSPI, while rebalancing flows added to dollar demand and sustained downside pressure on the currency.
