South Korea Financial Markets

Currency traders pass by 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, Monday, July 6, 2026.

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US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output

US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output

Asian shares and U.S. futures are mixed following a long weekend on Wall Street. Selling of technology shares pulled benchmarks in Tokyo and Seoul lower. The U.S. dollar was trading near 162 yen. Oil prices slipped as some members of the OPEC plus group of crude exporters decided to raise their output next month. Uncertainty over supplies persists as negotiations with Iran aimed at fully reopening the Strait of Hormuz appeared to be on hold during funeral ceremonies for Ayatollah Ali Khamenei. Markets in the U.S. were closed on Friday, July 3, for the Independence Day holiday. This year, July 4th fell on a Saturday.