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South Korean stocks rebounded sharply on Tuesday after the Fed's unlimited bond-buying announcement and a large government aid package. The KOSPI jumped 8.6% to close at 1,609.97.
Fed and government support reduces near-term recession risk and stabilizes local currency markets. Its direct effect on feed commodity prices is limited.
koreaherald.comJie Ye-eunMar 24, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
