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In-depth: Global market wrap-up Updated: 2020-08-03 14:04:07 KST

Time now for an in-depth look at the market news on this Monday.
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, thank you for making time today.

Thank you.

U.S. stocks ended last week a fair bit higher, despite the hold up in talk on the new stimulus bill. A big boost from earnings at the major tech firms. Korean shares a little higher today too. What's the story in the global markets and here in Korea?

Big story the past few days is the damage the pandemic has done to major economies around the world. Korea's economy contracted in the second quarter just like most others, but by the second smallest amount among the developed countries. What do you make of that, professor, and what's your outlook?

It's the start of a new week, Professor Yang. What's coming up in the days ahead?

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