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
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○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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