Nikkei and Kospi fall ahead of rate hike
Japan’s Nikkei index dropped 3% and South Korea’s Kospi plummeted 6%.
The Kospi experienced a trading halt due to the sharp decline.
A widely expected Bank of Korea rate hike is still to come.
Asian Markets Decline
Nikkei and Kospi fall ahead of rate hike Japan's Nikkei index dropped 3% and South Korea's Kospi plummeted 6%. The Kospi experienced a trading halt due to the sharp decline. A widely expected Bank of Korea rate hike is still to come.