'Sold Out Again: This Time It's Lee Jae-yong's Shoes [3-Minute Brief]'

[3-Min Brief 3-Second Summary]
Skechers Sales Surpass 120 Billion Won
Falling Yen, Rising Won: Korea's Concern
"Economic Uncertainty, Best Investment Is Self-Development"

TOP 3 NEWS

'Sold Out Again: This Time It's Lee Jae-yong's Shoes [3-Minute Brief]'

■ Falling Yen, Rising Won... Impact on Korea's 'Exports and Growth'

- Due to the deepening yen depreciation, the won-yen exchange rate has fallen to the 860 won range
- If yen depreciation worsens, export industries competing with Japan will be negatively affected
- Korea's travel balance with Japan is already in deficit, and the automobile industry is also burdened

■ 'Lee Jae-yong Item' Sells Out Again... The 'Lee Shoes' That Recorded 120 Billion Won in Sales

- Skechers sneakers sales have exceeded a cumulative 120 billion won
- Samsung Chairman Lee Jae-yong consistently wears them, attracting attention
- When the chairman's 'favorite items' are exposed, they sell out, including lip balm and padding jackets

■ Economic Uncertainty Boosts 'Jatech'... "The Best Investment is Self-Development"

- 'Investment in oneself' called Jatech is gaining popularity
- Due to increased anxiety from economic uncertainty
- 8 out of 10 say "It's difficult to find a stable job in Korea"

MARKET INDEX

- The three major US stock markets halted rallies amid warnings of possible further rate hikes
- Fed Chair Powell: "We will not hesitate to raise rates if necessary"
- US 10-year Treasury yields surged, and the dollar index rose by 0.3%

the Chart : The Golden Time for Low Birthrate, Only 10 Years Left

- Sharp decline in the population aged 30-34 with high fertility rates in 10 years
- Even if fertility rates rise after 2030, the number of births will decrease
- "The next 5 years are crucial, measures must be accelerated"

Graphic News: Foreigners Bought 1.7 Trillion Won Worth

- Samsung Electronics, SK Hynix, Hanmi Semiconductor among top net purchases
- Foreigners focusing on buying 'semiconductor stocks'... Samsung Electronics' share increases
- Could be movements for short covering, so trends need to be monitored

Terms in the News: 'Guokao' Chinese Civil Service Exam

[Image source=Yonhap News]

- 'Guokao' has become a dream gateway amid employment difficulties
- Civil servants working in the central government
- Selected through conduct, personality, age, and ideological verification

Today's Key Schedule

○ Domestic
- 10:00 National Assembly Budget and Accounts Special Committee Comprehensive Policy Inquiry (National Assembly)
- EcoEye public offering subscription / public offering price 34,700 won
- Gyeonggi Uiwang-si Ojeong-dong Uiwang Centline Desiang first priority subscription

○ Overseas

- 16:00 UK GDP announcement
- 17:00 China new loans
- 19:00 Eurozone Economic and Financial Affairs Council (ECOFIN) meeting
- 21:30 Lagarde, President of the European Central Bank, speech

◇ Lunch & Commute Weather

○ Lowest temperature 1℃(▼6℃) ｜ Highest temperature: 8℃(▼9℃)
○ Precipitation probability morning 0%｜afternoon 0%
○ Fine dust morning good｜afternoon good