[MARKET UPDATE] Mixed start to Asia-Pac trade after US-Iran escalation and with Japan closed for holiday, while KOSPI is pressured on return from a 3-day weekend
Context
The mixed performance in Asia-Pac trade reflects market sensitivity to recent US-Iran tensions, which may elevate geopolitical risk and influence investor sentiment in the region. Furthermore, with Japan closed for a holiday, trading volumes could be thinner, exacerbating volatility, and the pressure on KOSPI points to potential broader concerns about regional stability or economic outlook. Keep an eye on how this might affect risk assets and safe havens in the coming sessions.
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