The dollar remained stable ahead of key U.S. economic data, which traders deem more influential than geopolitical tensions. Markets largely ignored global conflicts, focusing instead on U.S. labor market figures and the Federal Reserve’s potential rate cuts. Investors await crucial employment reports to gauge the economic outlook.
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