Globally also, if we look at various parameters which include the easing off of US bond yields as well as the easing off of the US dollar, all those also are sort of positive for emerging markets along with the significant rallies which we have started to see in some emerging markets, the large markets like Brazil, Hong Kong, etc.
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?
The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as
July 31, 2026