Producer Prices Flat for Two Consecutive Months... Pork and Egg Prices Remain High [3-Minute Brief]

① March Producer Price Index unchanged from previous month
② Trump's tariff policy boomerangs back
③ CNBC: "Musk says at investor meeting, 'I want to assign an appropriate value'"

MARKET INDEX : Year to date

○ All three major U.S. stock indices in New York surged more than 2% simultaneously.

○ U.S. Treasury Secretary Janet Yellen's remarks that "U.S.-China tensions may ease in the near future" had an impact.

○ Rollercoaster market continues amid tariff uncertainties.

Top3 NEWS

■ Producer prices stall for the second month... Supporting stability in consumer prices

○ Bank of Korea 'March 2025 Producer Price Index (provisional)'

○ Flat for two consecutive months... Primary metal products up, coal and petroleum products down

○ Focus on consumer price stability... Trends in services, which have a significant impact on domestic demand, are being closely watched.

■ Trump effect shrinks capital markets... Sovereign wealth funds pull money out of the U.S.

○ Financial Times reports citing private equity industry sources

○ Chinese sovereign wealth funds halt new investments under government pressure

○ Canada and Europe also suspend some fund allocations

■ Musk hints at fundraising for xAI... Is he shifting management into high gear?

○ At an xAI investor meeting, Musk stated, "I want to assign an appropriate value."

○ Interpreted as a signal of large-scale fundraising

○ Musk's actions suggest he is refocusing on management

Graphic News: Kakao Group's move to exit golf business... Will this signal a structural overhaul?

○ Despite dreams of synergy in gaming, sports, and technology, the subsidiary was branded as a loss-maker.

○ Kakao Group shifts from sprawling expansion to selection and concentration.

○ Kakao prepares to sell off other subsidiaries as well.

the Chart: 'Market saturation' leads to first-ever decline in convenience store count last year

○ Decreased by more than 20 stores compared to the previous year

○ CU and GS25 slow down new store openings

○ Seven-Eleven and Emart24 reduce store count by about 1,400

Today's Key Schedule

○Domestic

(KOSDAQ) Rokit Healthcare subscription, planned offering price KRW 11,000~13,000

○Overseas

05:30 U.S. API weekly crude oil inventories

09:30 Japan Services Purchasing Managers' Index (April)

13:00 Malaysia Consumer Price Index (YoY) (March)

22:45 Services Purchasing Managers' Index (April)

23:00 New home sales (March)

23:30 Crude oil inventories

◇Lunch & Evening Commute Weather

○Lowest temperature: 13℃ (▼4℃) ｜Highest temperature: 24℃ (▲3℃)

○Precipitation probability: 10% in the morning ｜ 0% in the afternoon

○Fine dust: Good in the morning ｜ Moderate in the afternoon

Just 3 minutes for essential, high value-for-time economic news. Published daily at 8:00 AM.