韩国10年期国债 (SouthKorea10Y) 加自选

周二，韩元兑美元贬值至1360韩元兑1美元，从近八个月高点回落，因美元在美中贸易紧张局势缓和的迹象下走强。美中关系的改善提振了对美元的需求，削弱了韩元等新兴市场货币，因为最近关于关税削减和战略合作的高层会谈旨在恢复贸易流动，解决技术、知识产权和市场准入争端。此外，李总统和唐纳德·特朗普总统已同意很快举行直接会谈，两位领导人都表示致力于就贸易关税问题迅速达成互利协议。预计工作层面的谈判将在计划的峰会之前开始。

The South Korean won depreciated toward 1,360 per dollar on Tuesday, pulling back from near eight-month highs as the dollar strengthened amid signs of easing US-China trade tensions. Improved US-China relations boosted demand for the greenback, weakening emerging market currencies like the won, as recent high-level talks on tariff cuts and strategic cooperation aim to restore trade flows and resolve disputes over technology, IP, and market access. Additionally, President Lee Jae-myung and President Donald Trump have agreed to hold direct talks soon, with both leaders expressing a commitment to reaching a swift and mutually beneficial agreement on trade tariffs. Working-level negotiations are expected to begin ahead of the planned summit.

韩国综合股价指数周二上涨1%，至2880点以上，连续第五个交易日攀升，并朝着2022年1月以来的最高水平迈进。此次反弹主要得益于外国投资者的持续购买，这在最近几天提供了强劲的上涨势头。投资者信心因李总统领导下的改革导向政策和缓解全球贸易紧张局势的预期而得到提振。外国需求尤其集中在大型科技股和金融股上。在企业方面，主要上涨股包括SK海力士（0.44%）、LG能源解决方案（1.23%）、现代汽车（0.30%）、韩华航空航天（2.27%）和KB金融集团（1.811%）。然而，三星电子（-0.75%）和HD现代重工（-0.48）下跌。

The KOSPI rallied 1% to above 2,880 on Tuesday, climbing for the fifth straight session and marching toward its highest levels since January 2022. The rally was fueled largely by sustained foreign investor buying, which has provided strong upward momentum in recent days. Investor confidence has been bolstered by expectations of reform-oriented policies under President Lee and easing global trade tensions. Foreign demand was particularly focused on large-cap tech and financial stocks. On the corporate front, key gainers included SK Hynix (0.44%), LG Energy Solution (1.23%), Hyundai Motor (0.30%), Hanwha Aerospace (2.27%), and KB Financial Group (1.811%). However, Samsung Electronics (-0.75%) and HD Hyundai Heavy Industries (-0.48) declined.

韩国在2025年4月公布了57亿美元的经常账户盈余，这是连续第12个月出现亏损，这得益于强劲的出口表现。然而，盈余是三个月来最小的。商品账户录得89.9亿美元的盈余，出口同比增长1.9%，达到585.7亿美元，而进口下降5.1%，达到495.8亿美元。与此同时，由于旅游、其他商业服务和知识产权使用不足，服务账户出现了28.3亿美元的赤字。由于股权收入减少，主要收入账户出现1.9亿美元的赤字，而次要收入账户则出现2.6亿美元的亏损。

South Korea posted a current account surplus of $5.7 billion in April 2025, marking its twelfth consecutive month in the black, supported by strong export performance. However, the surplus was the smallest in three months. The goods account recorded a surplus of $8.99 billion, as exports rose 1.9% year-over-year to $58.57 billion, while imports fell 5.1% to $49.58 billion. Meanwhile, the services account registered a $2.83 billion deficit, driven by shortfalls in travel, other business services, and intellectual property usage. The primary income account posted a $190 million deficit due to reduced equity income, while the secondary income account showed a $260 million deficit.

韩国综合股价指数周一上涨1.55%，收于2856点，为近11个月来的最高点，这得益于美韩新关税协议的希望。在特朗普总统和李同意开始旨在缓解贸易紧张局势和达成更公平协议的谈判后，投资者情绪有所改善。此举预计将有利于韩国半导体、汽车和造船等主要出口行业。在企业方面，主要上涨股包括SK海力士（2.12%）、三星电子（1.10%）、现代汽车（4.11%）和KB金融集团（3.29%），而LG能源解决方案（-1.72%）和韩华航空航天（-2.76%）则出现下跌。降低关税和加强与美国的经济联系的可能性提升了市场信心，特别是在科技和制造业方面，加强了韩国出口导向型经济的积极前景。

The KOSPI jumped 1.55% to close at 2,856 on Monday, its highest in nearly eleven months, boosted by hopes of a new US–South Korea tariff deal. Investor sentiment improved after Presidents Trump and Lee Jae-myung agreed to start negotiations aimed at reducing trade tensions and creating a fairer agreement. The move is expected to benefit Korea’s key export industries such as semiconductors, autos, and shipbuilding. On the corporate front, key gainers included SK Hynix (2.12%), Samsung Electronics (1.10%), Hyundai Motor (4.11%), and KB Financial Group (3.29%), while LG Energy Solution (-1.72%) and Hanwha Aerospace (-2.76%) posted losses. The possibility of reduced tariffs and stronger economic ties with the US lifted market confidence, particularly in tech and manufacturing, reinforcing a positive outlook for Korea’s export-oriented economy.