Seoul's housing sales sentiment plummeted 16.9 points in February, marking the steepest decline nationwide as the market shifted from rising to neutral phase, with selling pressure intensifying across the capital region amid weakening buyer demand.
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Seoul Home Sales Sentiment Posts Steepest Decline Nationwide in February, Down 16.9p
Seoul's housing sales sentiment plummeted 16.9 points in February, marking the steepest decline nationwide as the market shifted from rising to neutral phase, with selling pressure intensifying across the capital region amid weakening buyer demand.
US March University of Michigan Consumer Sentiment Index Preliminary Reading 55.5, Above Expectations of 55.0
US consumer sentiment shows resilience as University of Michigan's preliminary March reading hits 55.5, surpassing market expectations of 55.0
US February University of Michigan Consumer Sentiment Index at 56.6—Below Preliminary Estimate (Update)
The University of Michigan's February Consumer Sentiment Index rose slightly to 56.6, missing the preliminary estimate, as inflation expectations eased but sentiment remained uneven across demographic groups.
South Korean Treasury bond futures rose in overnight trading despite weakness in US Treasuries, with the 10-year contract up 20 ticks and trading volumes shifting; US yields climbed as risk assets rebounded and consumer sentiment improved.
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Korean Treasury Bond Futures Rise Despite Weakness in US Treasuries—10-Year Contract Up 20 Ticks
South Korean Treasury bond futures rose in overnight trading despite weakness in US Treasuries, with the 10-year contract up 20 ticks and trading volumes shifting; US yields climbed as risk assets rebounded and consumer sentiment improved.
Today's Global Economic Indicators and Schedule
Key global economic indicators and major corporate earnings—including Apple and Visa—are scheduled for release today, offering critical insights into market sentiment and macroeconomic trends.
U.S. stocks ended mixed as Intel's weak outlook triggered a sharp sell-off in semiconductor shares, while big tech rebounded on bargain hunting; Dow fell 0.58%, S&P 500 and Nasdaq edged higher.
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Wall Street Ends Mixed as Intel Earnings Disappoint, Semiconductor Stocks Slide
U.S. stocks ended mixed as Intel's weak outlook triggered a sharp sell-off in semiconductor shares, while big tech rebounded on bargain hunting; Dow fell 0.58%, S&P 500 and Nasdaq edged higher.
South Korea's real estate consumer sentiment index remained flat in December, with Seoul continuing its upward trend, while non-metropolitan regions saw slight declines but stayed neutral, according to the Korea Research Institute for Human Settlements.
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Real Estate Sentiment in Greater Seoul Remains Flat in December—Seoul Continues Upward Trend
South Korea's real estate consumer sentiment index remained flat in December, with Seoul continuing its upward trend, while non-metropolitan regions saw slight declines but stayed neutral, according to the Korea Research Institute for Human Settlements.
January University of Michigan Consumer Sentiment Index Rises to 54.0, Surpassing Expectations—Highest Since Last September (Update)
The University of Michigan's January consumer sentiment index rose to 54.0, its highest since September, surpassing expectations as inflation expectations eased to a one-year low.
NDF Falls to 1,473.60/1,473.80 Won—Down 0.65 Won
The one-month dollar-won NDF fell to 1,473.70 won in New York, down 0.65 won from Seoul’s spot close, as the yen weakened and the US dollar gained amid shifting BOJ and Fed signals.
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