'Black Monday' Lasted Only One Day... KOSPI Revived [3-Minute Brief]

[At a Glance]
① Financial Authorities Step Up Support for Timeff Scam Victims
② Recession Signals? Fed Moves to Calm Nervous Markets
③ Bond Rally Amid ’R’ Fear... Fed ’Big Cut’ Anticipated

MARKET INDEX

- US New York Stock Exchange's three major indices all closed higher
- Morgan Stanley: "Not a recession, fear is excessive"
- Busan unsold apartments remain at 5,000 units for three consecutive months

TOP 3 NEWS

■ KOSPI rebounds in one day... "Recovers 2,500 level"

- KOSPI and KOSDAQ rebound after a sharp drop in one day
- Both indices surged, triggering buy-sidecar
- Partly due to eased concerns over US economic slowdown

■ Financial authorities support victims of TimeF sales... loan maturity extensions and repayment deferrals

- Existing loans extended by one year, repayment deferrals
- Liquidity support, loans with minimum 3.9% interest rate
- Plans to support emergency management stabilization funds

■ Recession signal? US Fed tries to calm the startled market

- Market shocked by weak US employment data
- Daly: "Inflation target is getting closer"
- Goolsbee: "Indicators are weak but no recession"

Graphic News: MZ Generation Deeply Engaged in Personal Consulting

- 46.5% of people in their 20s have experienced personal consulting

- Recommendations on colors and fashion based on body shape and skin tone

- Expert: "MZ generation has a strong desire for self-analysis"

the Chart: Bonds Strong Amid 'R' Fear... US 'Big Cut' Expectations Amplify

- Treasury bond yields at lowest level in 2 years and 4 months

- Possibility of more than 50bp rate cut before September

- Concerns over polarization in bond market due to stock market crash

People (Terms/Companies) in the News: "Starbucks again"... Price volatility 'Heatflation' fluctuates with temperature

- Climate change increases inflation pressure and volatility
- Extreme heat currently threatens actual food prices

- Food price increases projected until 2035

Today's Key Schedule

○ Domestic

- 08:00 June Current Account Balance

- 7th: KOSDAQ Euracle subscription, public offering price 21,000 KRW

- 7th: KOSDAQ Nextbiomedical subscription, expected public offering price 24,000~29,000 KRW

- Seoul Raemian Lebentus

○ Overseas

- 15:00 Germany June Industrial Production

- 23:30 US Crude Oil Inventory

◇ Lunch & Commute Weather

○ Lowest temperature 27℃ (▼1℃) ｜ Highest temperature: 33℃ (0℃)
○ Precipitation probability morning 60%｜afternoon 60%
○ Fine dust morning good｜afternoon good

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.

This content was produced with the assistance of AI translation services.