The South Korea stock market bounced higher again on Friday, one day after ending the four-day winning streak in which it had skyrocketed more than 1,000 points or 12.3 percent. Now at a fresh record closing high, the KOSPI sits just above the 8,475-point plateau and it's expected to open to the upside again on Monday.
The global forecast for the Asian markets is cautiously optimistic on easing oil prices and hopes for an end to the U.S.-Iran conflict. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.
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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.