daily-brief
2026-02-03US Markets Rebound on Strong Manufacturing Data as Fed Speculation Stabilizes
Global Market
Economy
ManufacturingUS Manufacturing PMI Hits 4-Year High
Gold vs Dollar
USDKOSPI
5,288.08
+6.84%
Why? KOSPI surged, fully recovering from the 'Warsh Shock'.
Cautious Optimism
Market sentiment shifted from fear to structural rebound. While commodities like gold and oil continue to face pressure due to easing geopolitical premiums and dollar strength, equities are benefiting from institutional buying and positive economic indicators.
"Wall Street and global markets showed significant recovery, leaving behind early-month turmoil. The S&P 500 rose about 0.5%, while KOSPI surged over 6%, recouping losses from the recent 'Warsh Shock'. Strong US manufacturing data provided a solid fundamental basis for the rebound."
Commodity-4.00%
Gold (USD/t.oz)
4,652.60
Crypto+3.31%
BTC/KRW
113,470,000
Forex-0.14%
JPY/KRW
9.28
Stock+6.84%
KOSPI Index
5,288.08
Commodity-0.36%
WTI Oil (USD/Bbl)
61.72
Manufacturing PMI & Fed Chair Nomination
The ISM Manufacturing PMI surged to 52.6, the highest in about 4 years, reinforcing the narrative of economic resilience despite high interest rates.
ISM Non-Manufacturing Index: US CPI (Next Week)
Major Altcoins
BTC+3.31%
$78,745 KRW
Bitcoin
ETH+1.85%
$2,450 KRW
Ethereum