# (US-NK summit) No-deal Hanoi summit blow to S. Korean financial market | Yonhap News Agency

> South Korea's financial markets fell on Thursday after the second Trump-Kim summit in Hanoi ended without a deal. The KOSPI dropped 1.76 percent to 2,195.44 and the won closed weaker at 1,124.70 per dollar. Trump said he could not accept the North's call for lifting all sanctions without full denuclearization.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/60836-us-nk-summit-no-deal-hanoi-summit-blow-to-s-korean-financial-market-yonhap-news
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The breakdown of talks keeps sanctions and geopolitical uncertainty in place, which affects investor sentiment and regional currencies rather than feed supply or demand.

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20190228017200320

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
