Korea Economic Daily

The won-dollar exchange rate is recording the 1,420 won level with a slight increase due to the overnight dollar rebound on the 18th. As of 10:45 a.m. on the Seoul foreign exchange market, the won-dollar exchange rate is trading at 1,422.40 won. The

By Fawad Razaqzada U.S. Futures Index Rebounds with Global Markets... But Caution Remains Ahead of Holidays Optimism in Trade Talks with Japan, ECB's Decision Encourages Cautious Buying in Risk Assets S&P 500 Shows Signs of Forming a Bottom, But Resi

In the New York stock market, major indices closed with mixed trends, showing fatigue over tariff issues. Trading was relatively inactive ahead of the 'Good Friday' holiday. The U.S. administration's claim that trade negotiations are progressing posi

U.S. President Donald Trump is urging Jerome Powell, Chairman of the Federal Reserve (Fed), the central bank of the United States, to lower interest rates, while pressuring him to resign, raising concerns about threats to independent monetary policy.

◆ New York Stock Exchange, Mixed Trend…Trump's Pressure to Dismiss Powell, 'Indifferent' The three major indices of the New York Stock Exchange showed a mixed trend on the 17th local time. With relatively light trading ahead of the 'Good Friday' holi

Trump's 'Fear of S' Warning "Raising Rates Raises Recession Concerns Lowering Rates Causes Inflation Dilemma" No "Fed Put" Expectations Jerome Powell, Chair of the United States Federal Reserve (Fed), warned on the 16th (local time) that the U.S. cou

WTO Slashes '3% Growth' Forecast Largest Decline Since COVID-19 Crisis The World Trade Organization (WTO) has projected that the global merchandise trade growth rate will record a negative figure this year due to the tariff shock from the Donald Trum

All 6 Monetary Policy Committee Members "Should Leave Room for a Rate Cut Within 3 Months" Rate Freeze Amid Uncertainty Suddenly Dark Tunnel Due to US Tariffs Wait Until It Brightens While Adjusting Speed Another Growth Rate Downgrade in Two Months C

50-Minute Meeting Before Official Negotiations Between the Two Countries Only Confirmed Positions on Tariffs and Defense Costs In the first tariff negotiations between the United States and Japan, which could serve as a 'gauge for the Korea-U.S. tari

Q2 Guidance Exceeds Expectations TSMC, the world's leading foundry (semiconductor contract manufacturing) company, reported revenue and operating profit for the first quarter of this year that exceeded market consensus (average estimates by securitie

Lee Bok-hyun, Governor of the Financial Supervisory Service, met with the heads of the financial supervisory authorities of Hong Kong and China to expand mutual exchanges to enhance the fairness of the capital market, expand disclosures, and activate

The Bank of Korea's Monetary Policy Committee held the base rate at 2.75% on the 17th. Governor Lee Chang-yong stated that "uncertainty has become unprecedentedly large." Governor Lee, at a press conference following the Monetary Policy Committee mee

Trump Not Participating in Ministerial Negotiations In the first tariff consultation between the US and Japan, which will determine the direction of the Korea-US tariff negotiations, the two countries agreed to reach an agreement as soon as possible

Bank of Korea Governor "All 6 Monetary Policy Committee Members Open to Rate Cut Within 3 Months" Minhyung Lee, Hankyung.com Reporter meaning@hankyung.com

The KRW-USD exchange rate remains at the 1,420 won level due to the global weak dollar. As of 10:04 a.m. on the 17th in the Seoul foreign exchange market, the KRW-USD exchange rate is trading at 1,422.8 won. The exchange rate started at 1,416 won, do

The Monetary Policy Committee of the Bank of Korea held a meeting on the 17th to decide to maintain the current base rate at 2.75% per annum. It was analyzed that the volatility in the foreign exchange market, due to issues such as the imposition of

S&P500 2.2%·Nasdaq 3.0% Each Plunge The three major indices of the New York Stock Exchange closed sharply lower. The U.S. government's regulation on the export of Nvidia chips to China and the warning remarks by Jerome Powell, the chairman of the U.S

Jerome Powell, the chair of the U.S. Federal Reserve (Fed), warned that higher-than-expected tariffs from the Donald Trump administration could lead to price increases and slowed growth, indicating that the Fed might face a difficult situation in cho

Trump says 'Great Progress' in US-Japan Tariff Talks Reporter Minhyung Lee, Hankyung.com meaning@hankyung.com

◆ First Monetary Policy Meeting of Q2 Today... Likely to Hold Rates Amid Exchange Rate and Household Debt Concerns The Bank of Korea's Monetary Policy Committee (MPC) will hold its first monetary policy direction meeting of the second quarter on the

High-level Talks Between Two Countries in the U.S. Today Possibility of a Package Deal Including U.S. Forces in Japan Attention on Whether to Attend 'Talks with Korea' Next Week U.S. President Donald Trump announced that he would directly attend the

Nvidia, AMD Fall More Than 5% on Huge Loss Expectations As the Trump administration imposes additional export restrictions on AI chips to China, semiconductor stocks like Nvidia plummeted, causing the New York Stock Exchange to expand its losses afte

China's First Response to Trump's Repeated Calls Criticism of Vance's China Derogatory Remarks, Demand for Authorized Key Negotiator Offshore Yuan Rises, S&P 500 Futures Narrow Losses After Report China is open to trade negotiations with the U.S. if

Government's Domestic Demand Promotion and Investment Activation Effective High Unemployment and Deflation Concerns Persist Amid Tariff Impact China's first-quarter economic growth rate exceeded expectations, recording an annualized 5.4%, but is expe

Recorded 5.4% Exceeding Expectations The Chinese economy achieved a 'surprise growth' exceeding expectations in the first quarter of this year. There are concerns that growth may slow if the tariff war with the United States intensifies. The National

"Will Expel Chinese Listed Companies"...Trump Tightens Grip on Xi Jinping US Pressures Allies "Cut Ties with China to Lower Tariffs" Pressure Mounts on South Korea Ahead of Next Week's Negotiations NVIDIA's Low-Spec Chips Also Under Export Control Th

Once Surpassed $3300 per Troy Ounce Surge in Demand for Safe Assets Due to Weak Dollar As uncertainty grows due to global trade disputes, funds are flocking to gold, a safe asset. Some institutions are predicting that the price of gold will reach $40

Interview with Ed Yardeni, President of Yardeni Research First used the term 'Bond Vigilantes' in 1983 Bond market turmoil is a major reason for Trump's tariff deferral Interpreted as being led by 'Bond Vigilantes' Concerns about stagflation if tarif

Amid the escalating U.S.-China tariff war, China has posted results that far exceed market expectations for the first quarter of this year. The National Bureau of Statistics of China announced on the 16th that China's Gross Domestic Product (GDP) for

Kim Min-seung's ₿ficial June Election, Where Will the Crypto Sentiment Head? The number of subscribers to domestic virtual asset exchanges has surpassed 16 million. This figure exceeds the number of homeowners at 15.61 million (November 2023) and sto