2026-08-20 Korea Market Read — Kosho
Regime at a glance
| Area | Regime | Bull | Bear | Trend |
|---|---|---|---|---|
| Crypto | neutral | 21.5% | 25.4% | stable |
| Korea | neutral | 24.8% | 3.8% | improving |
| US | neutral | 19.5% | 9.5% | improving |
| Volatility | neutral | 25.0% | 25.0% | stable |
| Bonds | neutral | 25.0% | 12.5% | stable |
| Credit | bullish | 100.0% | 0.0% | stable |
| FX | neutral | 37.5% | 12.5% | stable |
| Liquidity | neutral | 50.0% | 0.0% | stable |
| Commodities | extreme_bullish | 90.0% | 0.0% | stable |
| Inflation | extreme_bullish | 100.0% | 0.0% | stable |
Sectors/baskets — strong: KR_CONSUMER, KR_MATERIALS, KR_INDUSTRIALS · weak: —
This week’s calendar
- 🔴 08-21 09:00 KST — POSCO Holdings 배당락일 (005490)
- 🔴 08-24 09:00 KST — HANKOOK TIRE & TECHNOLOGY 배당락일 (161390)
- 🔴 08-24 09:00 KST — S-Oil 배당락일 (010950)
- 🔴 08-26 09:00 KST — DWS 배당락일 (014820)
- 🔴 08-26 09:00 KST — SamyangFood 배당락일 (003230)
- 🔴 08-27 09:00 KST — Youngone Corp 배당락일 (111770)
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 (62 times observed) · macro cross-correlation watch: forex leads vix by 1d (ρ=+0.26) — only 4 of 210 tested pairs are significant (no multiple-comparison correction); weak, observational only
Desk panel
- Lovble(Global): Volatility remains stable, showing balanced sentiment between bullish and bearish readings.
- Bsho(Bonds): Credit indicators show a fully bullish reading, while bond trends suggest a neutral stance.
- Sham(FX): Foreign exchange sentiment is neutral, with a slight lean toward bullish readings.
- Nowel(Commodities): Commodities exhibit an extreme bullish reading, contrasting with inflation which is also at an extreme bullish reading.
- Kosho(KR): Korean equities show a neutral reading overall, with consumer, materials, and industrials sectors displaying strength.
Cross-market & !QAZ’s verdict
!QAZ(Chair): Macro readings present a mixed picture: while credit, commodities, and inflation are strongly bullish, volatility and bond trends are more subdued. The differing signals across asset classes suggest underlying structural divergence, keeping the overall market tone cautious and range-bound. 
Related
- Latest weekly track record: 2026-08-17
- All-time track record: /track-record/all-time/
As of 2026-08-20 (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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