WS #13057
US June PCE mixed (headline +0.1% M/M vs est. -0.1%, core +0.1% M/M vs est. +0.2%), Q2 GDP weaker at 1.5% vs est. 2.1%, supporting soft landing narrative without shifting rate expectations. KOSPI crashes 44% from highs, down 22% in two days, signaling severe stress in Korean equities.
US Macro Data: PCE and GDP
US June PCE mixed (headline +0.1% M/M vs est. -0.1%, core +0.1% M/M vs est. +0.2%), Q2 GDP weaker at 1.5% vs est. 2.1%, supporting soft landing narrative without shifting rate expectations.
KOSPI crashes 44% from highs, down 22% in two days, signaling severe stress in Korean equities.