US Presidential Election Also Determines Stock Market Fate [3-Minute Brief]
[3-Min Brief 3-Second Summary]
① Mixed Emotions Over Large Corporations' Performance Bonuses
② Household Loans Increase by About 3 Trillion Won in One Month
③ Consumer Prices Rise to 2% Range After 6 Months
MARKET INDEX : Year to date
- This week's stock market likely to continue KOSPI's additional rebound attempts
- Volatility factors that influenced January expected to ease in February
- "Time to be cautious of overheating risks due to short-term sharp rises"
Top3 NEWS
■ Divergent bonuses amid mixed earnings... Employees experiencing highs and lows
- Samsung MX offers performance bonuses exceeding 50% of annual salary... thanks to improved profitability
- LG Electronics H&A Division, up to 665% of base salary... global home appliance leader
■ Household debt control falters... Mortgage loans increased by 4 trillion KRW in one month amid 'policy conflicts'
- Driven by various policy loan products and expectations of interest rate declines
- Conflict between policies easing household interest burden and strengthening DSR regulations
■ January consumer price inflation rate rises to 2% range after 6 months
- Living cost index up 3.4% compared to the same month last year
- Especially food prices surged 4.9% compared to one year ago
Graphic News: Biden vs Trump, will they also influence US stocks?
- Investment sentiment on edge over this year's US presidential election outcome
- Biden's Democratic Party, which passed the IRA, expected to benefit green stocks
- Republicans resilient in traditional petrochemical, shale gas, and other energy sectors
the Chart: Is it hard to make a profit even for a 10 million ticket movie?
- Movie ticket prices raised four times in five years including the 2018 increase
- The increase in ticket prices has not kept pace with the actual average ticket price rise
- Distributors and producers face double challenges of price resistance and worsening profits
Terms in the News: 'Memorial stone for Korean laborers' dismantled in Japan
- A stone symbolizing reflection erected by Japanese civic groups in Gunma Forest in 2004
- Court enforced dismantling on January 31 following right-wing groups' demands
- "Gunma Prefecture notified of planned claim for 270 million KRW... conscience torn apart"
Today's Key Schedule
○ Domestic
- 06:00 January foreign exchange reserves
○ Overseas
- 09:30 Australia trade balance
- 09:30 Japan January Services Purchasing Managers' Index (PMI)
- 10:45 China January Caixin Services PMI
- 16:00 Germany December trade balance
- 17:50 France January Services PMI
- 18:00 Eurozone January Services PMI
- 18:30 United Kingdom January Services PMI
- 23:45 United States January Services PMI
◇ Lunch & Commute Weather
○ Precipitation probability morning 80%|afternoon 80%
○ Fine dust morning good|afternoon good
OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.
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