South Korea Financial Markets
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Aug. 4, 2026.
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Asian shares are mostly lower, despite a rally on Wall Street boosted by easing oil prices, as regional investors still weighed the impact from the recent joint U.S.-Japan currency intervention. Benchmarks have fallen in early Tuesday trading in Tokyo, Seoul, Hong Kong and Shanghai, while rising in Sydney. Oil prices were rising in Asian trading, reversing course from their fall overnight. On Wall Street on Monday, the S&P 500 jumped 1.5%, the Dow Jones rose 1.3% to an all-time high, and the Nasdaq composite climbed 2.1%. Brent crude's price fell after President Donald Trump said he would hold off on ordering new strikes against Iran.
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