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 making time today.
Thank you.
Last Friday, stocks in New York were a mix.
On the one hand there continue to be concerns about a recession.
On the other hand, the jobs report was better than expected, though that could be interpreted
either way if it encourages the Fed to raise rates.
The Nasdaq was a little big higher.
What's the story in global markets as we start a new week?
Today, both of Korea's main stock indices started out higher.
But those gains were gone by mid-morning on the KOSPI.
Health, bio and medical related shares leading what gains there are.
A gain of almost 6 percent
for Seegene.
Tell us about the domestic market.
This week we'll have a report on
the financial markets from the Bank of Korea.
Also, a decision on interest rates.
Widely expected that
we'll see more than a quarter
percentage
point increase.
What's on your radar in the week ahead?