Other Stories
Full Video

In-depth: Global market wrap-up Updated: 2021-09-24 13:55:57 KST

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. Thank you for coming on today.

Thank you.

Let's start with Wall Street coming off the Fed's latest meeting and with the ongoing situation in China with the real estate conglomerate Evergrande. Stocks closing much higher on Thursday, and almost getting back to where we were earlier this month. Jerome Powell saying an announcement on tapering could come soon, and it seems the market is okay with the idea. What's the story in the global markets?

Now, in China, Evergrande was supposed to make a bond coupon payment yesterday of around 83 million dollars. No word yet on whether that happened or not. Some uncertainty here in the Korean market today, though, some of that at least because of the rise in coronavirus cases. Tell us about the domestic market.

The remarkable movements in the market since the pandemic have drawn in a lot of investors who're taking on as much debt as they can to buy stocks. Similar story in real estate and even crypto. In the Korean media, we hear these phrases about young people leverage their souls, even. So what do you make of the risks out there, whatever they may be, from Evergrande to tapering, and how the added risk of debt figures into that?

Finally, Mr. Yoo, a look at Korea's exports, of which about a fifth is semiconductors and some renewed concerns on that front. There's a report from TrendForce market researchers in Taiwan saying that DRAM prices could be in for a fall in the fourth quarter, which most buyers pretty well stocked at this point. Many disagree with that take, of course. What's your view of the situation?
KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트(텍스트)는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.