No Ceiling for Me?…Gold Prices Rise Again [3-Minute Brief]

[At a Glance]
① International gold price soars, surpassing $3,000 per ounce
② What impact did the lifting of the land price ceiling system have on house prices?
③ Stagnant card companies, non-card companies in decline... Performance of specialized credit finance companies slows down

MARKET INDEX

○ Fed keeps the base interest rate steady at 4.25~4.5% per year

○ Maintains the expected number of rate cuts this year at 2

○ Powell: "Tariff inflation is temporary... Low possibility of recession"

TOP 3 NEWS

■ International gold price hits another record high... $3,038 per ounce amid Gaza airstrikes and tariffs

○ Up 15% since the beginning of the year
○ Surpassed $3,000 per ounce for the first time ever on the 14th
○ Middle East tensions escalate... New buying interest flows in

■ Do house prices rise because of the lifting of the land price ceiling system?

○ Price increase in southeastern Seoul widened
○ Actual leaders were apartments along the Han River
○ Had an impact but not solely due to deregulation

■ Credit card companies' delinquency rate highest in 10 years... Card loans largest in 3 years

○ Last year 1.65%... highest in 10 years
○ Increase in loans including card loans
○ Credit card companies' net profit stagnates

Graphic News: Comparing dividends of foreign banks involved in 'national wealth outflow' controversy with the four major financial holding companies

○ Controversy over national wealth outflow by foreign capital started with the Lone Star incident

○ Comparing dividends over 5 years shows that foreign banks' headquarters dividends are

○ Much less than foreign dividends of the four major financial groups

Money-making Law

■ "Veterans from construction companies are problem solvers" - Law Firm Seonbaek

○ Lawyers who served as legal directors and team leaders at large construction companies
○ Rich experience in directly performing various projects such as civil engineering works
○ Sometimes receive fees in Bitcoin through consultation with clients

■ "Judicial control of AI algorithms with opaque decision-making processes may be difficult"

○ US 'COMPAS' predicted higher recidivism risk for Black defendants, sparking controversy
○ "Technical and legal standards needed to ensure transparency of results"
○ "AI should be used in specialized fields based on clear legal grounds"

■ New system introduced for US bar exam... Strengthening practical skills assessment

○ Evaluates legal concepts and practical skills together
○ "Ability to use materials more important than memorization... Reading comprehension and writing are key"
○ "Critical review and utilization of AI-provided information also required"

Today's Key Schedule

○ Domestic

KOSDAQ Hanwha Plus No.5 SPAC listing, final public offering price 2,000 KRW

KOSDAQ TXR Robotics listing, final public offering price 13,500 KRW

KOSDAQ Hantech listing, final public offering price 10,800 KRW

○ Overseas

03:00 US Interest Rate Forecast - First Year (Q1)

03:00 US Federal Open Market Committee Economic Outlook

03:00 US Interest Rate Decision

03:30 US FOMC Press Conference

17:30 Swiss Interest Rate Decision (Q1)

21:00 UK Interest Rate Decision (March)

23:00 US Existing Home Sales (February)

◇ Lunch & Commute Weather

○ Lowest temperature 1℃(▲3℃) ｜ Highest temperature: 15℃(▲8℃)
○ Precipitation probability 10% in the morning｜0% in the afternoon
○ Fine dust Moderate in the morning｜Temporarily Bad in the afternoon

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