Asian stock markets saw a slight dip as investors are cautious. Everyone is waiting for the United States Federal Reserve’s interest-rate decision. Shares in Japan and South Korea decreased. Gold prices are holding steady. Attention is also on a Japanese government bond auction. Investors are keen to understand the future direction of interest rates.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq