South Korea Financial Markets
A person walks below a huge screen, displaying the foreign exchange rate between U.S. dollar and South Korean won in Seoul, South Korea, Wednesday, Nov. 11, 2026.
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Asian shares are mostly higher, following a retreat on Wall Street as the U.S. inflation rose higher than expected in October. Benchmarks in Taiwan, Japan and South Korea extended their weekly gains Wednesday. Hong Kong’s Hang Seng traded lower, while markets in Shanghai recovered. Singles’ Day retail sales will offer a gauge of consumer demand in the world’s second-largest economy. On Tuesday, the S&P 500 slipped 0.4%. The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite sank 0.7%. The discouraging inflation report caused traders to up their forecasts for Fed rate hikes. That caused Treasury yields to jump in the bond market even though oil prices fell again.
