"Trump Variable Uncertainty Already Reflected" [3-Minute Brief]

[At a Glance]
① "America First" Trump Tightens Export Money Flow
② Current Account Surplus but... Trump Risk Grows
③ Aviation Stocks Rise... "Preparing for Full Takeoff"

MARKET INDEX : Year to date

- US New York Stock Exchange 3 major indices close mixed

- Dow Jones falls compared to previous trading day

- S&P 500 and Nasdaq hit all-time highs

Top3 NEWS

■ 5 Institutional CIOs: "Trump factor already priced in, investment activation expected as uncertainty resolves"

- 5 domestic CIOs urgently diagnose the market in the 'Trump era'
- Virtual asset industry benefits... Chinese-related industries face crisis
- Interest rates and exchange rates are key variables determining market direction after the presidential election

■ "America First" Trump blocks export cash flow... Direct hit to Korean economy

- Universal tariffs strengthen checks on China
- 'Trump risk' deepens
- Annual exports expected to decrease by $44.8 billion

■ Current account surplus for 5 consecutive months... but Trump risk likely to increase

- September current account surplus of $11.12 billion, third largest ever
- Continued strong exports of IT items such as semiconductors and smartphones
- Negative impact on next year's current account due to Trump's election

Graphic News: Aviation stocks rise... "Preparing for full takeoff"

- Oil price stabilization and China's visa-free policy stimulate fare increases

- Diversification of crude oil suppliers reduces dependence on Middle East and Russia

- Relatively affordable travel in China may lead to rebound in travel demand

the Chart: Pharmacy medication counseling fees exceeded 600 billion won last year... surged 38% over 2 years

- Medication counseling fees determined through negotiations between government and pharmaceutical industry

- Increase in number of patients leads to higher medication counseling fee payments

- Interpreted as "Medical service usage increasing again after endemic"

Terms in the News: 'Digital break', students and workers disconnecting

A student is lying on the podium holding a cellphone during class at a middle school in Hongseong-gun, Chungnam. Online community

- Physical ban on smartphone use in schools to focus on learning and social interaction

- Heated pros and cons debate in Korea as well... National Human Rights Commission dismisses complaint saying it's not a human rights violation

- Discussions on legally recognizing the 'right to disconnect' for workers' work-life balance

Today's Key Schedule

○Domestic

8th KOSDAQ Airrain listing, offering price 23,000 won

8th KOSDAQ Eskem subscription, offering price 10,000 won

8th KOSDAQ MOT subscription, offering price 10,000 won

8th KOSDAQ Hana 34 SPAC subscription, offering price 2,000 won

8th KOSDAQ Witz subscription, offering price 6,400 won

○Overseas

00:15 Bailey, Governor of the Bank of England, speech

04:00 US interest rate decision

04:30 FOMC press conference

08:30 Japan September household spending

◇Lunch & Commute Weather

○ Lowest temperature 4℃(▲2℃)｜Highest temperature: 17℃(▲3℃)
○ Precipitation probability morning 0%｜afternoon 0%
○ Fine dust morning good｜afternoon good

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