Trump Troubles... Bitcoin Falls Below $80,000 Again [3-Minute Brief]
[At a Glance]
① Bitcoin falls below $80,000 again in 11 days
② Trump and Xi Jinping begin talks on holding a summit in June
③ Average resting period for 'resting' youth is 22.7 months... 77% feel "anxious"
MARKET INDEX : Year to date
○ New York Stock Market falls for the second day amid Trump’s inconsistent tariffs
○ S&P down 0.8%, on the verge of technical correction
○ Trump announces then reverses 'additional tariffs on Canada'... rollercoaster market continues
Top3 NEWS
■ Bitcoin falls below $80,000... "Uncertainty expands"
○ "Virtual assets still in early stage, high potential for rebound"
○ "Tariff risks still exist... market volatility may increase"
■ Trump and Xi Jinping seek solution to trade conflict... rumors of meetings in April and June
○ Xi Jinping and Trump hope to meet in China
○ WSJ reports possibility of 'June birthday summit'
■ Prolonged 'resting' period amid weak employment conditions... 77% of youth feel anxious
○ Average resting period is 22.7 months
○ 11% of youth have rested for over 4 years
Graphic News: Global defense spending burden '↑'... booming defense industry ETFs
○ PLUS K Defense Industry ETF posts over 40% monthly return
○ Global defense spending burden rises amid US pressure for cost-sharing
○ "Record high domestic defense exports expected this year"
the Chart: Foreign investors sold 6 trillion won this year, when will they return?
○ Foreign investors net sold 6.3185 trillion won year-to-date
○ Seven consecutive months of net selling through last month
○ Selling dominance continues this month... exchange rate and short selling resumption are variables for foreign demand
Today's Key Schedule
○Domestic
KOSDAQ The Dozen subscription, expected IPO price 10,500 won ~ 12,500 won
KOSDAQ Hanwha Plus No.5 SPAC, confirmed IPO price 2,000 won
KOSDAQ Simple Platform subscription, confirmed IPO price 15,000 won
Hot Picks Today
"Oops, No Condom... 'I Probably Won't Get Pregnant' – Alarming Neglect of Contraception Among Korean Adolescents"
- Now Is Not the Time to Sell Samsung Electronics and SK hynix...Securities Firms Say "The Market Greatly Misunderstood"[Weekend Money]
- Couple in Their 40s Die in Fall from Uijeongbu Apartment in Broad Daylight... Two Children Also Found Dead
- "No Need for Private Academies: Saving 800,000 Won a Month and Boosting Grades... Parents Flock After Hearing the News"
- "200,000 Won Per Person Before Chuseok"… Local Excitement Over Livelihood Support Grant in This Region
○Overseas
01:00 US Energy Information Administration (EIA) Short-Term Energy Outlook (STEO)
02:00 US 3-year Treasury auction
21:30 US Consumer Price Index (YoY) (February)
22:30 US Crude Oil Inventories
22:45 Canada Interest Rate Decision
◇ Lunch & Commute Weather
○ Precipitation probability: Morning 30%|Afternoon 60%
○ Fine dust: Morning Moderate|Afternoon Moderate
3 minutes is OK, essential time-efficient economic news. Published daily at 8 AM.
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