[2026-04-30] Korea Stock Market Morning Preview | FOMC Decision & High FX Test KOSPI 6,700
📌 One-Line Summary Korean stocks open against the backdrop of an early-morning FOMC decision and a stubbornly high USD/KRW above 1,488. KOSPI is expected to test a foothold at the 6,700 level, with theme- and stock-specific differentiation likely to dominate ahead of tomorrow's Labour Day holiday close. 🌙 Overnight Markets U.S. equities closed mixed on April 29 (local time) as investors took profits ahead of the FOMC decision. The Dow Jones underperformed, while the S&P 500 and Nasdaq hovered near the flat line. Concerns over an OpenAI-driven AI bubble narrative and caution into Magnificent 7 earnings tempered risk appetite. Index Close Change S&P 500 7,135.95 -0.04% Nasdaq 24,673.24 +0.04% Dow Jones 48,861.81 -0.57% The Federal Reserve's FOMC decision (Federal Funds Rate expected to hold at 3.75%) released at 03:00 KST and Chair Powell's press conference are expected to be the single most important driver for KOSPI and KOSDAQ direction today. The dot-plot revisio...