News Summary

• South Korea's equity benchmark plunged 5.5% on Tuesday, leaving the index roughly 38% below its June all-time high.
• Crypto also saw sharp swings, with bitcoin BTC falling below $81,000 before rebounding above $84,000 and settling just above $83,000.
• Investors are also positioning ahead of Wednesday’s u.s. CPI report, another potential source of volatility.
• Headline inflation is forecast at 3.6% year over year, with core inflation at 2.5%.