'Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]
[At a Glance]
① US Q1 GDP Growth Rate Shock
② US-China Conflict Spreads Online
③ "Oil Price $100 if Middle East War Occurs"
MARKET INDEX : Year to date
!['Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]](http://www.asiae.co.kr/news/img_view.htm?img=2024042907090854990_1714342149.png)
- Last week, both KOSPI and KOSDAQ rose
- Volatility expected to increase with this week's earnings announcements
- Seoul apartment jeonse prices have risen for 49 consecutive weeks
TOP 3 NEWS
!['Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]](http://www.asiae.co.kr/news/img_view.htm?img=2024042907114854993_1714342308.jpeg)
■ US Q1 Growth Rate & Inflation Shock... Will Rate Cuts Be Delayed to December Amid 'S Fear'?
- Core PCE inflation rose 3.7%
- Market now expects rate cuts in December
■ US Bans Chinese Broadband Services Following TikTok Ban
- Chinese telecom broadband services also banned
- US-China tensions escalate in the digital sector
■ World Bank: If Middle East Conflict Occurs, Oil Prices Could Exceed $100
- World Bank states “Middle East uncertainty remains high”
- “Supply disruptions from oil-producing countries could push prices to $102”
Graphic News: Was the 'Surprise' Q1 Growth Rate Just a 'Flash'?
!['Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]](http://www.asiae.co.kr/news/img_view.htm?img=2024042907135954999_1714342439.jpeg)
- Q1 growth rate exceeded expectations by about twice
- One-off factors like domestic demand and construction pose risks
- Continued high interest rates and inflation could make the second half challenging
the Chart: How Are Cylindrical Batteries Made?
!['Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]](http://www.asiae.co.kr/news/img_view.htm?img=2024042907141455001_1714342454.jpeg)
- Electrode processing has the greatest impact on performance and accounts for a large portion of costs
- Assembly processes vary significantly depending on battery type, such as cylindrical or pouch
- Batteries must be 'breathed life into' through chemical processes before packaging and shipment
Terms in the News: Essential for Newborn Families... 'Whooping Cough' Vaccine
!['Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]](http://www.asiae.co.kr/news/img_view.htm?img=2024042907151755004_1714342517.jpeg)
- A respiratory disease caused by Bordetella pertussis infection
- Called 'Baekilhae' in Korea, meaning 'coughing for 100 days'
- Symptoms include paroxysmal cough lasting over 14 days, vomiting, and conjunctivitis
Today's Key Schedule
○ Domestic
- Gyeongnam Hyperion Gold
○ Overseas
- 18:00 Eurozone Consumer Inflation Expectations
- 18:10 Italy 10-Year Government Bond Auction
- 21:00 Germany April Consumer Price Index
- 23:30 US April Dallas Fed Manufacturing Activity Index
◇ Lunch & Commute Weather
○ Precipitation probability: Morning 20%｜Afternoon 10%
○ Fine dust: Morning Moderate｜Afternoon Good
!['Surprising' Q1 Growth Rate, Was It Just a 'Flash'? [3-Minute Brief]](http://www.asiae.co.kr/news/img_view.htm?img=2023091807340578768_1694990044.png)
3 minutes is OK, essential time-efficient economic news. Published daily at 8 AM.
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