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The Bank of Korea told the National Assembly on the 29th it will maintain its rate-hike stance, judging that semiconductor-led growth is intact but inflation, household debt, and housing-market overheating warrant continued tightening. Sustained hikes pressure KOSPI valuations and rate-sensitive sectors while supporting the won, and the BOK noted the recent equity correction was driven by AI-investment slowdown fears and heavy foreign net selling concentrated since May. Rising leveraged retail positioning amplifies downside volatility, so watch foreign flow reversals and household-debt data as the key conditions for any pivot in the hiking path.
As a Macro signal, watch whether it changes price action, volatility, or flows around KOSPI, KRW=X, 005930.
Original Source: 토큰포스트
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