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Asian Stock Markets Rise as KOSPI Jumps 6%, China GDP Misses Forecasts
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Asian markets traded mixed, led by a nearly 6% rally in South Korea’s KOSPI, while Japan’s Nikkei, Hong Kong’s Hang Seng and Australia’s ASX 200 also advanced. China’s Shanghai Composite was little changed after the country’s GDP growth missed expectations. Brent crude extended gains for a third straight session amid renewed U.S.-Iran tensions, while gold edged higher and the U.S. dollar weakened following softer-than-expected U.S. inflation. Investors will continue monitoring economic data and geopolitical developments for further market direction.
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