The dollar weakened as central banks prepare for meetings. Investors watch President Donald Trump’s Asia tour for a trade deal with China. The US Federal Reserve is expected to cut rates. The Bank of Japan and European Central Bank also hold meetings. Markets anticipate progress on trade issues, boosting risk assets.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK