Time now for an in-depth look at the market news on this Friday afternoon.
And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.
Mr. Yoo, thank you for making time today.
Stocks on Wall Street were down overnight by quite a bit. Jobless claims in the U.S. are up, plus losses at the big tech companies. What's the story in the global markets?
Here in Korea, the Kospi was down for a second day in a row. The Kosdaq down as well. Is that just coming off the decline in Wall Street or what's happening there?
In terms of the currency, the Korean won for several days had been below the 12-hundred level against the U.S. dollar. Today it's back up above that level. What's your outlook for the Korean currency?