The South Korea stock market has been rising for four consecutive sessions, gaining 1.3 percent. The KOSPI is just below 3,210 points, but may slow down on Tuesday due to a flat global market forecast ahead of the U.S. interest rate decision this week.

On Monday, the KOSPI closed higher, driven by chemical and automobile companies, despite weakness in the financial sector and mixed results from technology stocks. The index rose 0.42 percent to finish at 3,209.52.

Wall Street closed mixed with the Dow down, NASDAQ up, and S&P flat after news of a trade agreement between the U.S. and EU. The Federal Reserve’s upcoming policy announcement and the monthly jobs report are key focus areas this week.

Crude oil prices surged on Monday after the U.S. reached a tariff agreement with the EU, easing concerns of a trade war. West Texas Intermediate crude jumped 2.64 percent to $66.88 per barrel.

Read more at Nasdaq.: Rally May Stall For South Korea Shares