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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 Weakest Level Since 2009

The South Korean won fell past 1,500 per dollar, marking its weakest level since March 2009, as escalating US–Iran tensions rattled markets. The US set a 48-hour deadline for Tehran to reopen the Strait of Hormuz, warning that failure could trigger strikes on Iranian energy facilities, while Iran threatened regional energy and water infrastructure and said it could close the strait if attacked. Risk-off sentiment was compounded by foreign selling of local assets, with net outflows totaling 1.8 trillion won, keeping downward pressure on the currency. South Korea’s heavy reliance on energy imports amplifies the impact of oil price spikes, while broader Asian market weakness, including sharp losses in the KOSPI, further boosted safe-haven demand for the US dollar. The government and ruling party are preparing a 25 trillion-won supplementary budget to cushion the economy from rising energy costs and support vulnerable groups.

Today Markets

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