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, thanks for coming on.
Stocks on Wall Street were up overnight, again on hope that there will be some kind of deal on another stimulus bill. The Dow and the S&P both up more than half a percent. What's the story in the global markets?
The KOSPI higher today too foreigners and institutions buying but local retail investors taking a bit of profit. The KOSDAQ however was down by a bit. What what driving that trade today?
Having fallen yesterday by about four percent, oil prices also seem to have rebounded on hope for new stimulus. What's your outlook for oil?