WHY TRADING WAS HALTED IN ASIAN MARKETS!! information [cYBv8cVqtdD]
Asian stock markets witnessed a major selloff after rising tensions in the Middle East triggered panic across global financial markets. In this video, we explain why trading was temporarily halted in South Korea and why major indices across Asia moved sharply lower. On June 8, South Korea’s KOSPI fell nearly 9%, triggering a temporary trading halt. Japan’s Nikkei 225 dropped more than 4%, while markets in India, China, and Singapore also traded in the red. The biggest trigger was the escalating conflict between Iran and Israel. Reports suggest renewed missile attacks and military strikes increased fears of a broader regional conflict. Concerns over energy supply disruptions pushed Brent crude oil prices close to $97 per barrel. Another major factor was stronger-than-expected US jobs data, which increased expectations that the Federal Reserve System may delay future interest rate cuts. Higher interest rates generally reduce investor appetite for risk assets, putting pressure on global stock markets. Watch this video to understand the stock market crash, Middle East tensions, crude oil rally, Federal Reserve outlook, and their impact on global markets. Follow AISM India for more stock market, business, economy, and current affairs updates.