2026-07-31 Korea Market Read — Kosho
Regime at a glance
| Area | Regime | Bull | Bear | Trend |
|---|---|---|---|---|
| Crypto | neutral | 7.0% | 59.9% | deteriorating |
| Korea | neutral | 8.6% | 7.7% | deteriorating |
| US | neutral | 46.9% | 20.6% | improving |
| Volatility | neutral | 25.0% | 25.0% | stable |
| Bonds | neutral | 25.0% | 37.5% | stable |
| Credit | neutral | 0.0% | 0.0% | stable |
| FX | neutral | 12.5% | 25.0% | stable |
| Liquidity | bullish | 75.0% | 25.0% | stable |
| Commodities | neutral | 40.0% | 10.0% | stable |
| Inflation | neutral | 25.0% | 0.0% | stable |
This week’s calendar
- 🔴 08-03 15:00 KST — DL 실적 발표 (000210)
- 🔴 08-03 15:00 KST — HYUNDAI STEEL 실적 발표 (004020)
- 🔴 08-04 15:00 KST — Hanwha 실적 발표 (000880)
- 🔴 08-06 09:00 KST — DOOSAN 배당락일 (000150)
- 🔴 08-06 15:00 KST — AMOREPACIFIC Holdings 실적 발표 (002790)
- 🔴 08-06 15:00 KST — LOTTE Fine Chem 실적 발표 (004000)
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 (61 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 across directional biases, while liquidity shows a notable bullish leaning. :macro:
- Bonds: The bond market exhibits a more pronounced bearish tilt relative to its bullish positioning, though the overall trend remains stable.
- Credit: Credit conditions are reading as entirely neutral, with no discernible directional bias observed.
- Liquidity: Liquidity metrics indicate a clear bullish bias, suggesting supportive conditions across the board.
- Korea: Korean equities are showing a deteriorating trend, with bullish and bearish momentum nearly balanced.
Cross-market & !QAZ’s verdict
!QAZ(Chair): The broader US market sentiment reads as improving, offering a degree of support to the overall tape, though the crypto asset class shows a clear deterioration in its trend. On balance, the confluence of strong liquidity support against mixed directional signals suggests a cautious, range-seeking tape. 
Related
- Latest weekly track record: 2026-07-27
- All-time track record: /track-record/all-time/
As of 2026-07-31 (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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- Query — OneQAZ MCP (connect an AI to live data)