Kospi Craters 6.6% on Surprise BOK Hike, Chip Selloff Spills Into US Futures Ahead of Retail Sales
Asia's Kospi cratered 6.6% overnight after a surprise BOK rate hike tied to Iran war inflation risk, dragging chipmakers and US futures lower while gold slid and bitcoin held steadier. Retail sales and jobless claims headline today's US data at 8:30am ET.