Global Markets React Amid Political Turmoil in South Korea and France

Global stock markets show mixed responses as political turmoil unfolds in South Korea and France. South Korea's President briefly imposed martial law, impacting the KOSPI index, while France's no-confidence vote threatens Prime Minister Barnier's governance. Both situations contribute to a climate of economic and political uncertainty.

Global stock markets faced mixed outcomes amidst political unrest in South Korea and France. In South Korea, President Yoon Suk Yeol briefly enacted martial law, leading to a 1.4% drop in the KOSPI index and fueling political uncertainty. The situation has notably affected Asia's financial markets.

In France, the political crisis deepened as lawmakers prepared to decide on a no-confidence vote aimed at Prime Minister Michel Barnier. The euro hovered near a two-year low, with investors keenly watching for the governmental upheaval's economic repercussions in the euro zone's second-largest economy.

Meanwhile, Wall Street anticipated gains despite the unrest, as investors awaited crucial insights about U.S. Federal Reserve's monetary policy direction. The situation brings into focus broader economic implications across global markets, amidst ongoing geopolitical, fiscal, and monetary policy challenges.

(With inputs from agencies.)