🟢 South Korea ETF (EWY) is trading 3.5% up today on broad strength in Korean equities and improved risk sentiment

South Korea ETF (EWY) is trading 3.5% higher today following broad strength in South Korean equities during the Asian session.

• The fund tracks the MSCI South Korea index, which has benefited from improving global risk sentiment and ongoing momentum in Korean large-cap stocks.
• The move appears driven by overnight gains in Seoul and a broader risk-on appetite, as U.S. index futures trade modestly higher with no major domestic economic data on the calendar.