Coffee Bean Prices Hit Record Highs Daily... Both Drinkers and Sellers Are Worried [3-Minute Brief]

[At a Glance]
1. Coffee bean trading hits record high... 'Highest' record broken every day
2. Was Trump being cautious? US Fed suspends climate stress test
3. What will importers and business travelers do... Exchange rate soars to 1,490 won at currency exchange booths

MARKET INDEX : Year to date

○ Gyeonggi·Incheon area down 0.01%
○ January nationwide transaction price change rate -0.18%
○ December last year transaction volume 26,670 cases

Top3 NEWS

■ Should we quit coffee because of scary coffee prices... Coffee bean trading hits record high

○ Coffee bean trading hits record high
○ 'Highest' record broken every day
○ Cause is extreme abnormal heat phenomenon

■ Was Trump being cautious... US Fed stops climate stress test

○ Suspended 'climate scenario analysis' for major banks
○ Withdrew from the Network for Greening the Financial System (NGFS) last month
○ Seemed conscious of Trump's claim of "Green New Scam"

■ New normal of high exchange rate... Importers and business travelers 'cry out'

○ Exchange rate soared to 1,490 won at currency exchange booths
○ Losing money selling goods for several months
○ Should be seen as a new economic challenge Korea faces

Graphic News : Chinese CATL secures 11 trillion won in funds... Threat to K-battery taking a 'stand'

○ Chinese CATL raising up to about 11 trillion won
○ Domestic three companies recorded a 841.6 billion won deficit in Q4 last year
○ Excluding US AMPC, it increased to 1.3251 trillion won

the Chart : Banks successfully defended soundness despite high exchange rate concerns

○ Major financial holding companies successfully defended common equity tier 1 ratio at 13%
○ Expected to actively return profits to shareholders this year as well as last year
○ Result of proactive measures such as clearing high-risk RWA

Today's Key Schedule

○Domestic

○Overseas

08:50 Japan seasonally adjusted current account (December)

09:30 Australia building approvals (MoM)

16:00 China new loans (January)

23:00 Australia Lagarde, President of the European Central Bank speech

◇ Lunch & Commute Weather

○ Lowest temperature -8℃(▼4℃) ｜ Highest temperature: 2℃(▲5℃)
○ Precipitation probability morning 0%｜afternoon 0%
○ Fine dust morning moderate｜afternoon moderate

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