Korea Economic Daily

Dow Jones Falls for 10 Consecutive Days S&P500 Drops 178.54 Points (2.95%) to 5,872.16 The Federal Reserve (Fed) adjusted the benchmark interest rate to 4.25~4.50% at the December Federal Open Market Committee (FOMC) meeting held on the 18th (local t

US Experts Divided on 0.5% vs 0.75% Rate Cut Next Year Uncertainty Over Trump's Tariff, Tax, and Immigration Policies Experts predict that the Federal Reserve's interest rate decision, to be announced at 2 PM Eastern Standard Time on the 18th (4 AM K

Bank of Korea Governor's Inflation Check Meeting Exchange Rate at 1,430 Won Could Raise Inflation by 0.05%P Consumption Contraction... Growth Rate Below 1.9% Next Year Draws Line on 'Big Cut' in Base Rate in January Next Year Lee Chang-yong, Governor

Changyong Rhee, Governor of the Bank of Korea, stated, "If the exchange rate remains at the 1430 won level, the inflation rate is expected to rise by 0.05 percentage points." Governor Rhee mentioned at the price stability target operation status brie

Former Minister Lee Sang-min's Case Also Transferred Other Suspects' Requests Withdrawn by the Agency "Discussion on Additional Summoning Procedures for President Yoon Underway" The prosecutors investigating the 'December 3 Martial Law Incident' are

Dow Jones Falls for 9th Consecutive Day... Longest Since 1978 NVIDIA Enters Correction Phase... Broadcom Down Over 3% Major indices on the New York Stock Exchange closed lower across the board. This seems to be due to heightened caution among investo

"Proposal to Create Purchase Funds with Federal Reserve Deposits and Gold Holding Profits" Option to Use Exchange Stabilization Fund via Executive Order for Purchases Difficulties in Issuing Bonds or Transferring Seized Assets to Buy Bitcoin Could th

November Retail Sales Up 0.7% MoM Possibility of Holding After 0.25% Cut In November, U.S. retail sales exceeded market expectations. As the U.S. economy continues to boom, the pace of the Federal Reserve's (Fed) interest rate cuts is expected to slo

2025 Investment Strategy Outlook ② Exchange Rates Jung Yong-taek, Senior Research Fellow at IBK Investment & Securities "Exchange rate exceeds 1,400 KRW, but expected to stabilize downward as uncertainties are resolved" "Domestic economy's weak funda

Boosted by Increased Car Sales After Interest Rate Cuts Strong Consumer Sentiment Due to Low Layoffs and Income Growth U.S. retail sales in November rose by an annual 3.8%, higher than expected, driven by a surge in car purchases. On the 17th (local

91% of Japanese Market Participants Expect "Rate Hold in December" Concerns Over Market Turmoil if US Cuts and Japan Raises Rates On the 18th (local time), as much as the US Federal Reserve's rate decision, the market is watching whether the Bank of

As foreign investors exit the domestic stock market, the won-dollar exchange rate has risen to just below 1440 won (the value of the won has fallen). The heightened caution ahead of key interest rate decisions in the U.S. and other major countries is

The major indices of the New York stock market showed mixed results. It seems that both anticipation and caution are reflected ahead of this year's last Federal Open Market Committee (FOMC). The Dow Jones Industrial Average slightly adjusted, but the

◆ New York Stock Exchange, Semiconductor Stocks Strong... Nasdaq Hits Record High On the 16th local time, major indices of the New York Stock Exchange showed strength in semiconductor stocks. The tech-heavy Nasdaq index surged 1.24% to 21,173.89, mar

Decline in U.S. Real Interest Rates Narrows Rate Gap with Other Countries Morgan Stanley: "Dollar to Be Lower Than Current Levels by End of Next Year" SG Estimates "Dollar to Decline by 6% Next Year" Major banks on Wall Street expect the value of the

FT Survey of 47 Economists The Financial Times (FT) reported on the 15th (local time) that a survey of economists revealed that the policies of Donald Trump, the President-elect of the United States, could trigger inflation, preventing the Federal Re

On the first trading day after the impeachment motion against President Yoon Suk-yeol was approved in the National Assembly, the KOSPI index ended slightly lower. According to the Korea Exchange, on the 16th, the KOSPI index closed at 2488.97, down 5

As the KRW/JPY exchange rate rose, yen deposits decreased by more than $400 million last month. This was attributed to individuals and others who had invested in yen taking profits by selling spot foreign exchange. Dollar deposits also saw a slight d

Korean Retail Investors Net Buy Over 700 Billion Won in Palantir and Tesla After Martial Law Declaration Identified as Beneficiaries of Trump's Second Term Administration Stock Prices Surge 49% and 74% After Trump's Election Due to political risks st

"Won-Dollar Exchange Rate, 1450 Won as a Valid Resistance Line" NH Investment & Securities stated on the 16th that regarding the impact of the impeachment situation on the domestic stock market, "After the impeachment, the domestic financial market i

Han Dong-hoon, leader of the People Power Party, will hold a press conference at the National Assembly on the 16th. It is expected that he will express his intention to resign as the leadership centered around him has effectively 'collapsed'. Han wil

Morgan Stanley "Increased Risk Appetite" Citi and Others "Global Economy to Rebound Next Year" Despite the strong trend of the US dollar following Donald Trump's victory in the presidential election, there is growing support for the outlook that the

Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok stated on the 15th, "As this is a very crucial time that will determine the direction of our economy, I will communicate more closely with the National Assembly." Choi made this

Kwon Seong-dong, the floor leader of the People Power Party, expressed his rejection on the 15th regarding the proposal by Lee Jae-myung, the leader of the Democratic Party of Korea, to form a 'national stability council.' According to Yonhap News, K

November Personal Consumption Expenditures (PCE) to be Announced U.S. Q3 Gross Domestic Product (GDP) Growth Rate Finalized The biggest event on the New York Stock Exchange this week (16-20) is the regular meeting of the Federal Reserve's Federal Ope

Acting President Han Duck-soo expressed his sincere apologies to the people on the 14th regarding the impeachment of President Yoon Suk-yeol. In a public address at the Seoul Government Complex that afternoon, Acting President Han stated, "As the Pri