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Asian Market Commentary

Overbought KOSPI Called Higher Again

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The South Korea stock market has moved higher in six straight sessions, advancing almost 1,350 points or 16 percent along the way. Now at a fresh record closing high, the KOSPI sits just above the 9,060-point plateau and it's got a positive lead again on Friday.

The global forecast for the Asian markets is upbeat as both sides appear to signal an end to the U.S.-Iran conflict. The European and U.S. markets were up and the Asian bourses are expected to follow suit.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.