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 MarketThe South Korean won weakened to around 1,433 per dollar on Wednesday, extending losses for the second session as investors remained cautious amid the APEC summit talks in Gyeongju. Authorities maintain a neutral assessment of the prospects for progress, stating that the administration is “neither optimistic nor pessimistic”. Discussions are expected to concentrate on the implementation of South Korea’s $350 billion investment pledge under the framework trade agreement reached in July. Prospects for concluding an agreement to reduce US import tariffs on South Korean goods during Trump’s visit have diminished, with discussions stalled over the valuation methodology and funding structure of the investment pledge. Separately, investors were also focused on the US Federal Reserve’s policy decision later in the day. Markets widely expect a 25-basis-point rate cut, though uncertainty over the Fed’s forward guidance has kept sentiment cautious ahead of the announcement.
