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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
KRWUSD

South Korean Won Hits Three-Week Low

The South Korean won weakened to around 1,545 per dollar, extending losses to its lowest level in three weeks as a firmer US dollar and persistent foreign equity outflows weighed on the currency. The greenback remained supported after US core inflation reached its highest level since October 2023, reinforcing expectations that the Federal Reserve could keep interest rates higher for longer. At the same time, official data showed offshore investors recorded a record net selloff of Korean stocks in May, underscoring that persistent foreign equity outflows remain a key headwind for the won, even as the country’s AI-driven earnings outlook stays favorable. Limiting further losses, oil prices remained subdued as easing concerns over Middle East supply disruptions improved the outlook for the energy-importing economy. Authorities also rolled out broader discounts on agricultural and fishery products to keep inflation around 3% in the second half following May’s 26-month high of 3.1%.

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