[Breaking] President Trump has abruptly canceled plans for a large-scale attack on Iran.

On the morning of October 2, Korean time, President Trump announced the suspension of the attack via the social media platform Truth Social. He explained that the United States had mobilized military force at a level rarely seen since World War II and was in a posture ready to strike the Islamic Republic of Iran.

President Trump stated on Truth Social:

"The United States had completed preparations to launch an attack on the Islamic Republic of Iran, mobilizing a level of military terror, might, and overwhelming force not seen since World War II. Nevertheless, Iran and other Middle Eastern nations asked us to hold off on the attack, as they had agreed to the basic terms for negotiation."

He continued, "This includes the immediate and complete opening of the Strait of Hormuz and the end of Iran's nuclear threat. In response to these requests, and for the future of the world and the survival of a successful and prosperous Iran, we agreed to cancel the attack on the condition of a swift negotiated settlement."

With this, there is a collective sigh of relief as the threat of a large-scale war has been averted for the time being. However, variables remain, and the situation will need to be monitored going forward.

In particular, attention is focused on the impact on stock markets. On October 31 (local time), the New York stock market closed broadly higher. Interest is also concentrated on the direction of South Korea's two major indices on the first trading day of August, and the trend of the virtual asset market, including Bitcoin, is being highlighted as another key point to watch.