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 afternoon. Thanks for coming on today.
Stocks on Wall Street were higher for most of the session on Monday, but ended up lower at least in part because of the threat of the Delta variant of the coronavirus. What's the story in the global markets?
Korean shares too up and down today, but higher in the end on the KOSPI. There were some gains though for semiconductors, some pharmaceuticals. Tell us about the domestic market.
Looking at cryptocurrencies for a minute, the price of Bitcoin is down the past couple of days on news that the U.S. Senate's infrastructure bill will require crypto exchanges to report their customers gains to the IRS. Some investors, though, say this will help bring crypto into the mainstream. What do you see happening in the crypto space?
Last month, data show, consumer prices in Korea rose a little over two-and-a-half percent. This was the fourth month in a row the figure's been above the BOK's target of two percent. Core inflation, which does not include food and oil prices, was up 1.2 percent. What do you see driving prices higher and where do we go from here?