The South Korea stock market on Thursday emphatically halted the three-day losing streak in which it had plummeted more than 1,200 points or 20 percent. The KOSPI now sits just above the 5,580-point plateau although it may hand back some of those gains on Friday.
The global forecast for the Asian markets is negative on growing concerns over surging energy prices. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.