"It's Been So Long"... Publishing Industry Cheers 'Hangang Miracle' [3-Minute Brief]

[At a Glance]
① September Auto Exports Hit $5.5 Billion 'All-Time High'
② EU Excludes X from 'Big Tech Fairness Act'
③ US Betting Market Bets on 'Trump Victory'

MARKET INDEX : Year to date

○ US New York Stock Exchange's three major indices closed mixed
○ Expectations for a soft landing due to robust retail sales
○ Decline in interest rate cut expectations, mixed stock market

Top3 NEWS

■ Miracle on the Han River, Publishing Industry Also Smiles

○ A rare relief for the publishing industry suffering from recession
○ Han Kang's novel sold over 1 million copies after winning the Nobel Prize
○ Overall novel sales increased about tenfold

■ September Car Exports Reach $5.5 Billion, 'All-Time High'

○ Automotive industry trends in September 2024
○ Highest export performance for any September on record
○ Eco-friendly cars show positive growth after four months

■ EU Excludes Elon Musk-Owned SNS 'X' from Big Tech Anti-Abuse Law

○ EU Commission reverses preliminary investigation results
○ Meets criteria for revenue and user numbers
○ Does not perform gatekeeper role between companies and users

Graphic News : US Betting Market Betting on ‘Trump Victory’

○ Trump’s winning probability in betting markets hits highest in three months
○ Similar level to after the assassination attempt in July
○ Maintains lead in battleground states with 20 days left until the presidential election

the Chart : Loan Interest Rate at 7%... Borrowers Sigh Despite Rate Cuts

○ Despite interest rate cuts, mortgage loan rates are rising... approaching 7%
○ The 'speed' of rate cuts is the cause... further cuts expected in January next year
○ Regulatory measures by authorities and banks on loans are also a factor

Terms in the News : The Second AIDS, ‘Lyme Disease’

○ A zoonotic infectious disease transmitted by ticks
○ Symptoms include skin rash and arthritis
○ Endemic in the US but possible domestic naturalization

Today's Key Schedule

○Domestic

18th KOSDAQ YJ Link listing, public offering price 12,000 KRW

18th KOSDAQ Inspion listing, public offering price 12,000 KRW

18th KOSDAQ Wavevis subscription, public offering price 15,000 KRW

○Overseas

00:00 US Crude Oil Inventory

08:30 Japan September Core Consumer Price Index

11:00 China Q3 GDP

15:00 UK September Retail Sales

21:30 US September Housing Starts

23:30 US Atlanta Fed Q3 GDPNow

◇ Lunch & Commute Weather

○ Lowest temperature 17℃(▲2℃) ｜ Highest temperature: 19℃(▼7℃)
○ Precipitation probability 60% in the morning｜80% 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.