Sunday, October 29, 2023

Global Economic Monitor 231030

(Introduction)

[Markets]
※   Stocks drag despite tech giant gains
※   U.S. Sept PCE data declines in line with forecasts
※   Oil prices rise as Middle East conflict continues
※   10-yr Treasury yields steady
※   Dollar index flat, yen intervention fears grow


[Indicators]
•   US Sep. PCE price index: Inflation Trends Keep Fed Rate Hikes on Pause
•   China Sep. Industrial profits: China Industrial Profits Rise Again as Growth Stabilizes


[World]
※   Israel said it was increasing ground raids and hitting Gaza with intense airstrikes, while Washington called for temporary halt in fighting to allow for hostage releases
※   Hot spots in the Middle East and South China Sea are on the agenda as China’s foreign minister visits Washington


[Korea]


[Opinions]
•   Project Syndicate(Harold James): War and Dollars
•   WSJ(Editorial Board): Hamas Puts Its Pogrom on Video
•   WSJ(Editorial Board): A Weak Response to Iran’s Attacks
•   WSJ(Editorial Board): If It Moves, the SEC Regulates It
•   NYT(Bonnie S. Glaser): No, Xi Jinping Is Not About to Attack Taiwan
•   FT(Editorial Board): Governments need to become more productive
•   Bloomberg(David Fickling): EVs: A Two-Speed Market Is Heading for a Crash
•   Bloomberg(Allison Schrager): Why No Recession Yet? Thank the US Consumer
•   Bloomberg(Ramesh Ponnuru): Why Americans still don’t like Biden’s economy
•   매경(신헌철): 국민의힘은 왜 총선에서 지는가
•   조선비즈(김참): 먹고살 만하다는 착각
•   세계(이종규): 소비 부진에 관한 단상
•   아시아경제(남승률): 땅에 떨어진 자본시장의 신뢰
•   아시아경제(강희종): "韓영향 제한적"이란 말만 반복할 것인가
•   이데일리(김영수): 비상구 없는 아시아나항공
•   전자신문(사설): R&D예산 복원, 여당도 나서야

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