Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Mr. Daniel Yoo, Global Strategist at Yuanta Securities.
Mr. Yoo, good to have you back on. Thanks for making time today.
Let's start with the inflation question, Mr. Yoo. In February and March, we saw Treasury yields start to rise, and then last month data show a big rise in U.S. consumer prices. In terms of asset prices, it would seem some of this is flowing into the cryptocurrency market. What could you say about crypto, and whether this is a concern?
Stocks on Wall Street bounced back a bit on Thursday from the big declines they've had recently, led by tech stocks. There are plenty of people out there warning that there could be a further correction. What's the story in the global markets?
Much the same today here in Korea today, stocks back up by a significant amount. With retail investors buying, foreigners and institutions selling. Tell us about the local market.
Data from the Bank of Korea show the prices of Korea's exports were up last month, including for semiconductors, which have also seen a big rise in export volume. And for the first time in five months, the price of imports was down. So what's happening when it comes to trade?