The South Korea stock market on Thursday wrote a finish to the four-day winning streak in which it had skyrocketed more than 1,000 points or 12.3 percent to a fresh record closing high. The KOSPI now sits just above the 8,180-point plateau although it's expected to bounce higher again on Friday.
The global forecast for the Asian markets is cautiously optimistic on hopes for an end to the U.S.-Iran war. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.