# Seoul: Stocks fall on trade war concerns, Fed rate hike fears - The Business Times

> South Korea's Kospi fell nearly 1% as concerns over the Sino-US trade war and possible faster Fed rate hikes weighed on risk appetite. The won weakened to 1,123.5 per dollar, and US job growth and wage gains in October raised expectations of another December hike.

- Date: 2018-11-04 · published 2018-11-04T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/62262-seoul-stocks-fall-on-trade-war-concerns-fed-rate-hike-fears-the-business-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Heightened trade-war uncertainty and firmer US rates support the dollar and can pressure commodity demand sentiment, though this is a regional equity and FX wrap with limited direct feed price impact.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-02-27 | [South Korea: Stocks wobble, won slides on Fed rate hike worries - The Business Times](https://feedsoft.ai/events/66719-south-korea-stocks-wobble-won-slides-on-fed-rate-hike-worries-the-business-times.md) | +0.1% | -0.1% |
| DXY | 2023-12-05 | [Most Asian FX, stocks fall after traders reconsider Fed rate cut bets - Markets - Business Recorder](https://feedsoft.ai/events/32968-most-asian-fx-stocks-fall-after-traders-reconsider-fed-rate-cut-bets-markets.md) | +0.4% | -0.6% |
| DXY | 2016-11-18 | [Rate hike fears, sell off: 5 reasons why the rupee hit 68 levels today \| News on Markets - Business Standard](https://feedsoft.ai/events/74123-rate-hike-fears-sell-off-5-reasons-why-the-rupee-hit-68-levels-today-news-on.md) | +1.0% | +1.3% |
| DXY | 2016-11-30 | [Seoul: Won down at 1-week low as US dollar jumps after Opec deal; stocks up - The Business Times](https://feedsoft.ai/events/74046-seoul-won-down-at-1-week-low-as-us-dollar-jumps-after-opec-deal-stocks-up-the.md) | -0.6% | +1.3% |
| DXY | 2018-10-03 | [US dollar strengthens after Fed comments - The Business Times](https://feedsoft.ai/events/62721-us-dollar-strengthens-after-fed-comments-the-business-times.md) | +0.6% | +2.3% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/seoul-stocks-fall-trade-war-concerns-fed-rate-hike

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