Time now for an in-depth look at the market news as we start the week.
And for that, I'm joined on the line by Dr. Kim Sei-wan, professor of economics at Ewha Womans University.
Dr. Kim, thank you as always for coming on.
President Trump now saying that he has not agreed to roll back tariffs on Chinese goods as part of a phase one deal. Contrary to media reports and contrary to officials in both countries. What's been the reaction to that in the markets?
So we still don't have this phase one deal ready. In the meantime there have been some significant movements in exchange rates. The Korean currency has gained quite a lot against the dollar in the past few weeks. What's happening there, and what's your outlook for the Korean won?
Korea's exports were down 20 percent in the first ten days of November. It was a decline mainly in semiconductors, ships even cars. Korea's main trading partners, including the U.S. and China are buying less. What is this doing to the local economy?
In October, foreign investors were net sellers of Korean stocks for a third month in a row. Have Korean equities lost their luster, or why is foreign money moving out?
Let's look ahead at the week to come. We've got Statistics Korea releasing the latest employment data. Also, a report on the economy from the finance ministry. What are we looking for there?
Alright, Dr. Kim. We'll be watching for those reports.
In the meantime, thank you for making time today.