[MARKET UPDATE] Nikkei 225 (-1.3%) and KOSPI (-1.1%) following the tech-led selloff seen stateside

The Nikkei 225 and KOSPI are both seeing declines in reaction to a tech-led selloff in the U.S.

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South Korea's PM will visit the US from January 22nd

[MARKET UPDATE] Nikkei 225 (-1.3%) and KOSPI (-1.1%) following the tech-led selloff seen stateside

South Korean Imports YoY (Jan) 4.2% (prev. 0.7%)

South Korean Exports YoY (Jan) 14.9% (prev. 6.8%)

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This indicates a potential risk-off sentiment spilling over into Asian markets, suggesting traders may be cautious about holding positions in tech or related sectors during this time.

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