KOSPI volatility falls to lowest level despite Fed anxiety
- 8 years ago
The volatility of Korea's benchmark KOSPI has hit its lowest level in a year despite concerns the Federal Reserve is set to raise rates.
According to Korea Exchange on Thursday, the KOSPI 200 Volatility index, or V-KOSPI 200 futures, stood at eleven-point-five-five as of May 27th,… the lowest since mid-May of last year.
The latest figure is unusually stable considering the current global economic conditions.
Last August, the index rose to 28-point-five-eight... following the Fed's first rate hike and China's economic slowdown.
As for possible reasons behind the trend, analysts point to possible influences of uncertainties, including a U.S. rate hike and Britain's potential exit from the European Union, have already been reflected on global markets.
According to Korea Exchange on Thursday, the KOSPI 200 Volatility index, or V-KOSPI 200 futures, stood at eleven-point-five-five as of May 27th,… the lowest since mid-May of last year.
The latest figure is unusually stable considering the current global economic conditions.
Last August, the index rose to 28-point-five-eight... following the Fed's first rate hike and China's economic slowdown.
As for possible reasons behind the trend, analysts point to possible influences of uncertainties, including a U.S. rate hike and Britain's potential exit from the European Union, have already been reflected on global markets.