"Trump's Re-election Success Poses 'Downside' for European Economy" [3-Minute Brief]

[3-Min Brief 3-Second Summary]
① Apple Hits All-Time High Since IPO
② "Bitcoin Now Digital Gold"
③ 'Carbon Neutrality' Trade Barriers Become Reality

MARKET INDEX

- US New York Stock Exchange's three major indices closed higher
- Small and mid-cap stocks rise on September rate cut expectations
- June retail sales exceed expectations...stimulating buying momentum

Top3 NEWS

■ Goldman Sachs: "Trump's Election Would Hit European GDP by 1%"

- Trump pledges a universal 10% tariff on all imports
- Likely surge in policy uncertainty similar to 2018-2019
- Stronger pressure expected on European security sector if Trump wins

■ Apple Becomes Wall Street's 'Top Pick'...Stock Price and India Sales Hit Record Highs

- Apple stock hit an all-time high on the 15th (local time)
- Wall Street raised target prices, boosted by strong sales in India
- Efforts underway to reduce dependence on China by focusing on Southeast Asian markets

■ "Now Digital Gold" BlackRock CEO Transforms from Bitcoin Skeptic

- Larry Fink, CEO of the world's largest asset management firm BlackRock
- Describes Bitcoin as a "hedge against currency value decline"
- "Believes Bitcoin has a role in investment portfolios"

Graphic News: If Carbon Border Adjustment Mechanism Not Complied With, POSCO Faces Up to 1 Trillion Won in Costs

- Strengthened environmental regulations make 'carbon neutrality' trade barriers a reality
- Steel industry with high carbon emissions faces crisis under CBAM implementation
- Germany invests 10 trillion won, Japan 4 trillion won...Korea's support only 200 billion dollars

the Chart: Lowered Expectations Despite Naver's Rebound

- Naver successfully rebounded after hitting a 52-week low
- Recovered to 160,000 won level and stabilized in the high 170,000 won range
- Market expectations lowered... "New measures needed"

Term in the News: Rising 'Trump Trade'

- If Trump wins, funds move from safe assets to risk assets
- Stocks, real estate, and cryptocurrencies are representative with high principal loss risk
- Bitcoin surged 4% after the strike...US stocks also expected to benefit

Today's Key Schedule

○ Domestic
- 17th KOSDAQ NH SPAC No.31 subscription, public offering price 2,000 won

○ Overseas
- 01:00 US Atlanta Fed GDPNow for Q2
- 15:00 UK June Retail Price Index
- 18:00 Eurozone June Consumer Price Index
- 22:30 US Crude Oil Inventory

◇Lunch & Commute Weather

○ Lowest temperature 24℃(0℃) ｜Highest temperature: 28℃(▼2℃)
○ Precipitation probability 90% in the morning｜90% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

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