2026-07-24 Korea Market Read — Kosho
Regime at a glance
| Area | Regime | Bull | Bear | Trend |
|---|---|---|---|---|
| Crypto | neutral | 24.1% | 23.2% | improving |
| Korea | neutral | 36.2% | 18.7% | improving |
| US | neutral | 21.2% | 7.6% | stable |
| Volatility | bearish | 50.0% | 25.0% | stable |
| Bonds | extreme_bullish | 50.0% | 50.0% | stable |
| Credit | extreme_bearish | 0.0% | 100.0% | stable |
| FX | neutral | 37.5% | 12.5% | stable |
| Liquidity | sideways_bullish | 50.0% | 25.0% | stable |
| Commodities | extreme_bullish | 70.0% | 0.0% | stable |
| Inflation | bullish | 50.0% | 50.0% | stable |
Sectors/baskets — strong: KR_CONSUMER, KR_SEMICONDUCTOR, KR_UTILITIES, KR_FINANCIALS · weak: —
This week’s calendar
- 🔴 07-24 21:30 KST — US PCE Price Index
- 🔴 07-27 15:00 KST — POSCO FUTURE M 실적 발표 (003670)
- 🔴 07-28 15:00 KST — SK hynix 실적 발표 (000660)
- 🔴 07-30 03:00 KST — FOMC Meeting
- 🔴 07-30 09:00 KST — KCC 배당락일 (002380)
- 🔴 07-30 15:00 KST — POSCO Holdings 실적 발표 (005490)
Public calendar sources (BLS, Fed, exchanges via yfinance) — schedule, not a signal.
Observation notes: most frequent regime shift in this market so far: neutral → sideways_bearish (38 times observed) · macro cross-correlation watch: forex leads vix by 1d (ρ=+0.26) — only 5 of 210 tested pairs are significant (no multiple-comparison correction); weak, observational only
Desk panel
- Macro: Volatility remains stable with a slight tilt toward bullish readings, while credit conditions show a complete bearish leaning. :macro:
- Bonds: The bond market exhibits an extreme bullish posture, maintaining a stable trend despite mixed directional readings. :bonds:
- FX: Foreign exchange movement is characterized as neutral, with bullish sentiment slightly outpacing bearish readings. :fx:
- Liquidity: Liquidity conditions are read as sideways bullish, suggesting a moderate degree of upward support. :liquidity:
- Commodities: Commodities are registering an extreme bullish regime, indicating strong directional conviction across the board. :commodities:
- Inflation: Inflation sentiment is balanced, showing an equal split between bullish and bearish readings. :inflation:
- Crypto: The cryptocurrency space is showing an improving trend, with bullish sentiment slightly outweighing bearish readings. :crypto:
- Korea: Korean equities are showing an improving trend, with bullish sentiment leading bearish readings. :korea:
- US: US equities are maintaining a neutral stance, with bullish sentiment slightly exceeding bearish readings. :us:
Cross-market & !QAZ’s verdict
!QAZ(Chair): The macro picture presents a divergence, with commodities and bonds showing pronounced bullishness contrasting against extreme bearish readings in credit. The equity markets, both US and Korea, are exhibiting improving or neutral momentum, while the overall liquidity remains supportive. This suggests underlying asset strength is being supported by commodity demand, even as credit concerns persist.
Related
- Latest weekly track record: 2026-07-20
- All-time track record: /track-record/all-time/
As of 2026-07-24 (KST).
Disclaimer: OneQAZ figures are paper-trading research, not investment advice. Past simulated performance does not predict future real-money results.
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