KOSPI Rebounds 3%, but Fed Rate Hike Fears Could Cap the Recovery

The Korea Composite Stock Price Index (KOSPI) rose as much as 3.31% to 5,738.18 in Friday trading. The KOSPI rebound reclaims only less than half of Thursday’s 7.57% drop. September US producer prices rose by the most in 4.5 years, stoking speculation that the Federal Reserve will raise rates. That risk could cap a bounce […]