In-depth: Global market wrap-up

증시 대담

Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Yang Jun-sok, Professor of Economics at The Catholic University of Korea.
Professor Yang, good afternoon.
Thanks for coming on the program today.
Thank you.

Last week, those employment numbers in the U.S. came out way better than expected, which for some, raises concerns that the Federal Reserve could continue with a policy of aggressive monetary tightening. Stocks ended lower for the most part, though a small gain for the Dow. For the week, though, U.S. stocks were up. What's the story in the global markets as we start a new week?

Korean stocks were a mix today too, and almost flat, though foreigners remain net buyers. Carmakers doing okay, utilities, too. The KOSPI's been getting close to 25-hundred points, but not quite. Tell us about the domestic market.

The Korean government is going to announce some policies to help with the high cost of buying food and things for the Chuseok holiday next month. Inflation's running at above 6 percent right now. We'll also have employment data for July. What's on your radar in the week ahead?

#economy #exports #trade

2022-08-08, 17:00 (KST)