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, good to have you back on. Thank you for making time today.
Let's start with stocks on Wall Street, which were down early in the session on Thursday, but ended up with a decent gain across the board. Analysts expecting a huge surge in employment last month compared to a year earlier. What's the story in the global markets?
Today, Korean stocks with a rise much like that in the U.S. The KOSPI climbing back to 32-hundred, the KOSDAQ back to 970. Tell us about the local markets.
We saw a significant rise in consumer prices last month in Korea, partly on higher oil prices. And some expect that prices could keep rising this year along with oil. What is inflation going to look like relative to your outlook for oil?
In late April, the won-to-dollar exchange rate hit a low as the dollar index declined. But the dollar has come back up a bit since then, so now, won-to-dollar, we're at around 11-20. A lot of that, it would seem, hinges on monetary policy and appetite for risk, but trade is also at play here. Tell us what you see happening with the exchange rate.