基准韩国综合股价指数周三上涨0.44%，收于3183点，从早些时候的下跌中恢复过来，主要受外国强劲购买和汽车股反弹的推动。外国投资者连续第三个交易日保持净买入，持续的资金流入有助于提振市场情绪并支撑韩元。美日贸易协议进一步推动了这一增长，该协议对日本对美国的汽车出口征收15%的关税，提高了人们对韩国汽车制造商获得市场份额的预期。现代汽车（+4.6%）和起亚公司（+5.6%）领涨，其他公司如LG能源解决方案（+0.9%）和斗山能源（+1.3%）也领涨。企业外汇存款的增加表明出口活动强劲，流动性改善，提振了对上市公司的信心，并支持了股票流入。与此同时，政府派遣高级官员前往华盛顿就该协议的影响进行磋商，这反映了积极的外交，也增强了投资者的信心。

The benchmark KOSPI rose 0.44% to close at 3,183 on Wednesday, recovering from earlier losses, driven primarily by strong foreign buying and a rally in auto shares. Foreign investors remained net buyers for a third straight session, with sustained inflows helping lift market sentiment and support the Korean won. The upturn was further fueled by a US–Japan trade deal that imposes a 15% tariff on Japanese auto exports to the US, raising expectations for South Korean automakers to gain market share. Hyundai Motor (+4.6%) and Kia Corporation (+5.6%) led the gains along with other firms such as LG Energy Solution (+0.9%) and Doosan Enerbility (+1.3%). Rising corporate FX deposits signaled strong export activity and improved liquidity, boosting confidence in listed firms and supporting equity inflows. Meanwhile, the government dispatched senior officials to Washington for consultations on the deal’s implications, reflecting proactive diplomacy, which also reinforced investor confidence.

周三，韩元兑美元汇率稳定在1378元左右，在美元指数走势疲软的情况下，仍接近上周的低点。韩元的稳定是在韩国工业部长金正宽周三离职后实现的，他将在8月1日的最后期限之前与已经在美国的韩国官员一起与特朗普政府官员进行会谈。几个月来，韩国一直在与美国进行谈判，以确保减免或减少计划中的25%互惠关税，以及影响钢铁和汽车出口的部门征税。韩国央行报告称，7月份综合消费者信心指数上涨2.1点，至110.8点，为2018年1月以来的最高点，这进一步增强了这一势头。这一增长是由政府的促增长举措推动的，包括7月4日批准的31.8万亿韩元的补充预算、更强劲的消费者支出和半导体出口的反弹。

The South Korean won held steady at around 1,378 per dollar on Wednesday, remaining near last week’s lows amid muted movement in the US dollar index. The won’s stability followed the departure of Industry Minister Kim Jung-kwan on Wednesday as he joins fellow South Korean officials already in the US for talks with the Trump administration figures ahead of the August 1 deadline. South Korea has been engaged in negotiations with the US for months to secure relief or reduction from the planned 25% reciprocal tariffs, as well as sectoral levies affecting steel and automobile exports. Adding to the momentum, the Bank of Korea reported that the Composite Consumer Sentiment Index rose 2.1 points to 110.8 in July, the highest since January 2018. The gain was driven by the administration’s pro-growth initiatives, including a 31.8 trillion-won supplementary budget approved on July 4, stronger consumer spending, and a rebound in semiconductor exports.

基准韩国综合股价指数周三下跌0.3%，至3160点左右，延续了第二个交易日的跌幅，反映出投资者对韩国经济前景和特定行业压力的担忧。亚洲开发银行将韩国2025年的增长预测下调至0.8%，加剧了人们对增长势头放缓的担忧。这引发了广泛的市场谨慎，科技股拖累指数下跌，包括三星电子（-1.5%）、SK海力士（-1.1%）、LG能源解决方案（-0.8%）和韩华航空航天（-1.4%）。与此同时，韩国汽车制造商的股价上涨，因为新签署的美日贸易协议对日本出口到美国的汽车征收15%的关税，特别是现代汽车（+4.6%）和起亚公司（+5.6%）。由于国内需求下降和与美国的贸易谈判加剧，批准的31.8万亿韩元补充预算带来了乐观情绪，消费者信心也有所上升。

The benchmark KOSPI fell 0.3% to around 3,160 on Wednesday, extending losses for a second session, reflecting investor concerns over South Korea’s economic outlook and sector-specific pressure. The Asian Development Bank downwardly revised South Korea’s 2025 growth forecast to 0.8%, heightening fears of slowing momentum. This triggered broad market caution, with tech stocks dragging the index lower, including Samsung Electronics (-1.5%), SK Hynix (-1.1%), LG Energy Solution (-0.8%), and Hanwha Aerospace (-1.4%). Meanwhile, shares in South Korean automakers advanced, as a newly signed US-Japan trade deal imposes a 15% tariff on Japanese auto exports to the US, particularly Hyundai Motor (+4.6%) and Kia Corporation (+5.6%). Consumer confidence also rose amid optimism fueled by an approved supplementary budget of KRW 31.8 trillion amid sagging domestic demand and intensifying trade negotiations with the US.

韩国综合消费者信心指数从6月份的108.7升至2025年7月的110.8，这是连续第四个月上涨，也是自2018年1月以来的最高读数。这一改善反映了新当选政府和对经济刺激计划（包括计划中的补充预算）的预期所推动的乐观情绪日益增强。随着首尔国家安全顾问在华盛顿进行高级别会谈，并计划于7月25日举行另一轮会谈，在8月1日关税最后期限之前加强与美国的贸易谈判进一步增强了信心。该指数的所有主要组成部分都有所上涨，包括对生活水平、家庭收入、消费者支出和更广泛的国内经济的看法。尽管全球存在不确定性，但通胀预期保持稳定，一年、三年和五年预测均稳定在2.4%。这些数据表明，在政治稳定和政策前景改善的支持下，消费者士气有弹性。

South Korea’s Composite Consumer Sentiment Index rose to 110.8 in July 2025, up from 108.7 in June, marking the fourth consecutive monthly gain and the highest reading since January 2018. The improvement reflects growing optimism fueled by the newly elected government and expectations for economic stimulus, including a planned supplementary budget. Confidence was further supported by intensifying trade negotiations with the US ahead of the August 1 tariff deadline, as Seoul’s national security adviser engages in high-level talks in Washington, with another round scheduled for July 25. All major components of the index saw gains, including views on living standards, household income, consumer spending, and the broader domestic economy. Despite global uncertainties, inflation expectations remained stable, with one-, three-, and five-year projections all anchored at 2.4%. The data signals resilient consumer morale backed by political stability and improving policy outlook.