Time now for an in-depth look at the market news on this Friday.
And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.
Mr. Yoo, thank you for coming on today.
The Dow overnight was up almost 6-and-a-half percent. Three sessions in a row now of gains after weeks of historic instability. In fact, these three days have seen Wall Street post its biggest jump since the 1930s. Did we hit the bottom there? What's the story on Wall Street and the Korean markets?
These gains on Wall Street come despite the highest-ever number of Americans filing for unemployment. The Korean currency a lot stronger today than it has been. Closing in on 12-hundred now. Is that going to continue?
Oil had risen for a few days this week, but now it's right back down where it was. The U.S. suspending plans to buy crude for its strategic reserves. That was ultimately not included in the stimulus package. Where do you see oil going from here?
Alright, Mr. Yoo.
We'll have to leave it there for today.
Thanks so much for coming on, and we'll speak again next week.