port update:
50 stock (vic) - 50 hedging (34)
 
rationale:
- fx rate increased 0.3% in 1 day to 23620-23990
- top 1 china real estate developer failed to make coupon payment
- major indices entered into correction territory (3-5%)
- US headline inflation ticked up 3.2% compared to 3% last month while core inflation down from 4.8 to 4.7 yoy, wage inflation still hover around 4.4%
- vn export still under downward pressure as a result of weak demand from its main trading partners (us, eu)
