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Foreign Investors Sell More Than 20 Trillion Won in KOSPI Shares

Foreign investors have offloaded more than 20 trillion won worth of shares on the KOSPI over the past month, sharply cutting their exposure to the domestic equity market.

  • Foreign investors sold over 20 trillion won worth of KOSPI shares in September and October.
  • Selling pressure was relentless, with foreign investors buying only on seven out of 22 trading days.

U.S. Jobs Shock Fuels Bets on October Fed Rate Hold

With the U.S. labor market slowing far more sharply than anticipated, expectations are growing that the Federal Reserve could keep interest rates unchanged at its October policy meeting.The U.S.

  • U.S. jobs market showed unexpected slowdown with only 29,000 jobs created in September
  • Unemployment rate rose to 4.2% from 4.1%, signaling weaker labor market
  • Fed likely to hold rates steady at October meeting, per CME FedWatch odds

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