周四，基准韩国综合股价指数上涨0.2%，收于2581点，扭转了早些时候的跌幅，尽管芯片股大幅下跌，但投资者对美联储降息0.5个百分点反应积极。在美联储四年来首次降息后，韩国财政部长宣布计划与央行协调应急措施，以应对这一决定。健康和汽车类股涨幅显著，包括三星生物制品（6%）、现代汽车（3.8%）、Celltrion（3.2%）和起亚（3%）。相反，SK海力士股价暴跌6.1%，为2月底以来的最低水平，此前摩根士丹利因担心芯片供应过剩而将目标价格减半，而同行三星电子股价下跌2%，至近18个月来的最低水平。在经济新闻方面，2024年第二季度，韩国家庭的盈余资金连续第八个季度下降，在高通胀和高利率的情况下，同比下降1.7%，至101万韩元。

The benchmark KOSPI rose 0.2% to close at 2,581 points on Thursday, reversing earlier losses, as investors reacted positively to the US Federal Reserve's half-percentage-point rate cut despite sharp declines in chip stocks. Following the Fed's first rate cut in four years, South Korea's finance minister announced plans to coordinate with the central bank on contingency measures in response to the decision. Notable gains were seen among health and auto stocks, including Samsung Biologics (6%), Hyundai Motors (3.8%), Celltrion (3.2%), and Kia Corp (3%). Conversely, SK Hynix plunged 6.1%, its lowest since late February, after Morgan Stanley halved its target price due to concerns over chip oversupply, while peer Samsung Electronics dropped 2% to its lowest level in nearly 18 months. In economic news, South Korean households' surplus funds fell for the eighth consecutive quarter in Q2 2024, declining 1.7% year-on-year to 1.01 million won amid high inflation and interest rates.

韩元兑美元贬值超过1330韩元，从六个月高点进一步回落，因为即使在美联储大幅降息半个百分点后，美元仍走强。这些举措出台之际，美联储主席鲍威尔在会后新闻发布会上表示，他们并不急于放松政策，削减半个百分点不是“新的步伐”。与此同时，韩国财政部长崔相茂表示，在美联储降息后，如有需要，政府将与央行协调，为金融市场部署应急计划。韩国官员最近一直表示，随着美联储开始宽松周期，韩国打算调整货币政策，这表明韩国准备在未来几个月降低借贷成本。

The South Korean won depreciated past 1,330 per dollar, retreating further from six-month highs as the dollar strengthened even after the US Federal Reserve delivered a supersized half-percentage point interest rate cut. Those moves came as Fed Chair Powell said in the post-meeting press conference that they are not in a rush to ease policy and that half-percentage point cuts are not the “new pace.” Meanwhile, South Korean finance minister Choi Sang-mok said the government will coordinate with the central bank to deploy contingency plans for financial markets if needed after the Fed lowered interest rates. South Korean officials have been indicating recently that it intends to adjust monetary policy as the Fed starts its easing cycle, signaling readiness to reduce borrowing costs in the coming months.

基准韩国综合股价指数周四下跌0.7%，至2551点左右，受芯片制造商大幅下跌和投资者从为期三天的公共假期回来的拖累。芯片巨头SK海力士股价暴跌9.5%，为2月初以来的最低水平，此前摩根士丹利将其目标价格减半，并指出芯片供应过剩的前景。其同行三星电子也下跌2.5%，至近18个月来的最低水平。与此同时，美联储周三大幅降息0.5个百分点，这是四年来的首次降息。因此，韩国财政部长宣布，政府将与央行合作制定应急计划，以应对美联储的举措。在经济新闻方面，由于高通胀和利率，韩国家庭的盈余资金在2024年第二季度连续第八个季度下降，同比下降1.7%，至101万韩元。

The benchmark KOSPI fell 0.7% to around 2,551 points on Thursday, dragged by sharp declines from chipmakers and as investors returned from a three-day public holiday. Chip giant SK Hynix plunged 9.5%, its lowest since early February, after Morgan Stanley halved its target price, noting prospects of chip oversupply. Its peer Samsung Electronics also tumbled 2.5% to its lowest level in nearly 18 months. Meanwhile, the US Federal Reserve delivered an aggressive half-percentage-point rate cut on Wednesday, its first reduction in four years. Consequently, South Korea's finance minister announced that the government will work with the central bank on contingency plans in response to the Fed's move. In economic news, South Korean households' surplus funds fell for the eighth consecutive quarter in Q2 2024, dropping 1.7% year-on-year to 1.01 million won, due to high inflation and interest rates.

韩元兑美元贬值超过1320韩元，从六个月高点回落，原因是美元因强劲的美国零售销售数据而走强。尽管如此，市场仍押注美联储本周将大幅降息50个基点。在国内，投资者期待一系列经济报告，包括8月份的韩国生产者通胀数据和9月份的消费者和商业信心数据。与此同时，上周的数据显示，该国的年通胀率从7月的2.6%降至8月的2%，为2021年3月以来的最低水平。最新数据标志着价格增长连续第五个月低于3%，支持了韩国央行可能很快开始降息的观点。

The South Korean won depreciated past 1,320 per dollar, pulling back from a six-month high as the dollar strengthened on robust US retail sales data. Still, markets held on to bets that the US Federal Reserve will deliver an outsized 50 basis point rate cut this week. Domestically, investors look ahead to a slew of economic reports including South Korean producer inflation data for August and consumer and business confidence figures for September. Meanwhile, data last week showed that the country’s annual inflation rate slowed to 2% in August from 2.6% in July, the lowest reading since March 2021. The latest figure marked the fifth consecutive month that price growth stayed below 3%, supporting the view that the Bank of Korea may start cutting rates soon.