韩国KOSPI指数 (KOSPI) 加自选

由于对美中贸易紧张局势加剧的担忧持续存在，基准韩国综合股价指数周二小幅下跌至2487点左右，抹去了早些时候的涨幅，结束了三个交易日的连胜。尽管有报道暗示即将举行的韩美贸易谈判可能取得进展，但市场情绪仍然谨慎，因为中国誓言以牺牲北京为代价，对支持美国的国家进行报复。尽管如此，韩国代总统韩德洙表示希望美国贸易谈判取得互利共赢的结果，而财政部长崔相茂则致力于为深化双边关系奠定基础。该指数也跟随华尔街的微弱领先，此前特朗普加大了对美联储主席杰罗姆·鲍威尔的批评，引发了人们对美联储独立性的担忧。在指数权重股中，芯片和汽车制造商领跌，如三星电子（-0.7%）、SK海力士（-1.6%）、现代汽车（-0.9%）和起亚（-1.4%）。

The benchmark KOSPI closed slightly lower to around 2,487 points on Tuesday, erasing earlier gains to snap a three-session winning streak, as concerns over intensifying US-China trade tensions persisted. While reports signaled potential progress in the upcoming South Korea–US trade talks, sentiment remained cautious as China vowed to retaliate against countries siding with the US at Beijing’s expense. Despite this, Acting President Han Duck-soo expressed hope for a mutually beneficial outcome from US trade talks, while Finance Minister Choi Sang-mok aims to lay the groundwork for deeper bilateral ties. The index also followed a weak lead from Wall Street, after Trump ramped up criticism of Fed Chair Jerome Powell, stoking concerns over the Fed’s independence. Among index heavyweights, chips and auto makers led the decline, such as Samsung Electronics (-0.7%), SK Hynix (-1.6%), Hyundai Motor (-0.9%), and Kia Corp (-1.4%).

周二，韩元兑美元汇率跌至1425美元左右，在即将到来的韩美关系之前受到压力。美国贸易谈判。尽管有报道暗示可能取得进展，但美中贸易紧张局势的加剧对依赖出口的韩元造成了压力，因为中国誓言要以牺牲北京为代价对站在美国一边的国家进行报复。财政部长崔相茂已启程前往华盛顿，工业部长安杜根将于周三前往华盛顿，参加美国要求的4月24日会谈。讨论旨在放宽特朗普总统征收的25%互惠关税，目前该关税已暂停90天。与此同时，韩国生产者通胀率从2月份的1.5%降至3月份的四个月低点1.3%，这增强了人们对韩国央行进一步放松货币政策的预期。雪上加霜的是，韩国经济预计在2025年第一季度仅增长0.1%，在周四公布初步GDP数据之前削弱了人们对货币的信心。

The South Korean won weakened to around 1,425 per dollar on Tuesday, pressured ahead of upcoming South Korea–U.S. trade talks. While reports signaled potential progress, intensifying U.S.–China trade tensions weighed on the export-reliant won, as China vowed to retaliate against countries siding with the U.S. at Beijing’s expense. Finance Minister Choi Sang-mok has departed for Washington, with Industry Minister Ahn Duk-geun set to follow on Wednesday for U.S.-requested talks on April 24. The discussions aim to ease the 25% reciprocal tariff imposed by President Trump, currently under a 90-day suspension. Meanwhile, South Korea’s producer inflation slowed to a four-month low of 1.3% in March from 1.5% in February, reinforcing expectations of further monetary easing by the Bank of Korea. Adding to the pressure, South Korea’s economy is projected to have grown by just 0.1% in the first quarter of 2025, undermining confidence in the currency ahead of preliminary GDP data due Thursday.

基准韩国综合股价指数周二微涨0.1%，至2491点左右，延续了前一交易日的涨幅，这得益于对即将到来的韩美贸易谈判的持续乐观。财政部长崔相茂已启程前往华盛顿，工业部长安杜根将于周三跟进美国要求的4月24日会谈。然而，在特朗普加大对美联储主席杰罗姆·鲍威尔的批评力度，引发人们对美联储独立性的担忧后，华尔街的微弱领先限制了涨幅。与此同时，韩国3月份生产者通胀率从2月份的1.5%同比上升1.3%，为11月份以来的最低水平。在指数权重股中，造船商和软件股领涨，包括现代重工（上涨1.3%）、韩国造船与海洋工程（0.7%）、Naver（3.8%）和Kakao（0.6%）。投资者现在等待即将于周四公布的2025年第一季度初步GDP数据。

The benchmark KOSPI edged up 0.1% to around 2,491 points on Tuesday, extending gains from the previous session, supported by continued optimism over upcoming South Korea–US trade talks. Finance Minister Choi Sang-mok has departed for Washington, with Industry Minister Ahn Duk-geun set to follow on Wednesday for US-requested talks on April 24. However, gains were limited by a weak lead from Wall Street, after Trump ramped up criticism of Fed Chair Jerome Powell, stoking concerns over the Fed’s independence. Meanwhile, South Korea’s producer inflation rose 1.3% year-on-year in March from 1.5% in February, marking the lowest rate since November. Among index heavyweights, shipbuilders and software stocks led the advance, including Hyundai Heavy Industries (up 1.3%), Korea Shipbuilding & Offshore Engineering (0.7%), Naver (3.8%), and Kakao (0.6%). Investors now await the upcoming release of preliminary GDP figures for the first quarter of 2025, due Thursday.

2025年3月，韩国生产者通胀率同比上涨1.3%，较上月1.5%的涨幅有所回落，为11月以来的最低水平。经济放缓的主要原因是电力、水和天然气价格涨幅放缓（2月份上涨4.6%，而2月份上涨5.1%），而服务价格保持稳定，年涨幅为1.6%。相比之下，农产品、林业和海洋产品的价格继续下跌，从之前的2.1%下跌了3%。按月计算，生产者价格指数连续第二个月持平。

Producer inflation in South Korea went up 1.3% from a year earlier in March 2025, easing from a 1.5% gain in the previous month and marking the lowest reading since November. The slowdown was mainly driven by a softer increase in electricity, water, and gas prices (up 4.6% vs. 5.1% in February), while service prices held steady with a 1.6% annual rise. In contrast, prices for agricultural, forestry, and marine products extended their decline, falling 3% compared to a 2.1% drop previously. On a monthly basis, producer prices remained flat for the second straight month.