# S.Korean stocks fall on China growth target cut, weak U.S. data | Reuters

> South Korea's KOSPI fell for a third straight session after China cut its 2019 growth target to 6.0-6.5% and US construction spending unexpectedly fell in December. Korean February headline inflation rose only 0.5% year on year. The won ended flat near 1,125.5 per dollar.

- Date: 2019-03-05 · published 2019-03-05T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/60343-s-korean-stocks-fall-on-china-growth-target-cut-weak-u-s-data-reuters
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Slower Chinese growth targets and weak US data point to softer demand for industrial and agricultural commodities, though the direct effect on feed prices is limited.

## Sources

- reuters.com: https://www.reuters.com/article/business/skorean-stocks-fall-on-china-growth-target-cut-weak-us-data-idUSZZN2YIY00/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.