[In-depth] Market wrap-up _042219
- 5 years ago
증시 대담
Markets have closed in Korea on this Monday. And that means it's time to look at the week ahead on the global markets.
For that we have on the line Dr. Hwang Sei-woon, research fellow at the Korea Capital Markets Institute.
Thanks for making time today, Dr. Hwang.
You're welcome.
Stocks on Wall Street are right on the edge of new all-time highs. And this week we'll have U.S. GDP figures for the first quarter.
What industries should be be watching and what's the outlook there?
Amazon, Boeing, Microsoft and ExxonMobil are among more than 140 S&P 500 companies reporting quarterly results. 74% of the companies reporting so far have beaten expectations. Based on forecasts and actual reports, earnings for the S&P 500 as a whole are expected to decline 1.7%, the first negative quarter in three years. Some forecasters had projected an earnings decline of 4% or more.
The equivalent of the economy's first-quarter report card will be released Friday, with the first reading of GDP. The outlook for first-quarter growth has suddenly shifted upward, after a series of better data releases later in the quarter. Surveys show economists' median forecast is now tracking at 2.4%, way above the 1% expected earlier in the quarter.
The Korean government has decided to submit its proposal for an extra budget to parliament on the 25th. What effect has that budget or will it have on local stocks? And what else should be on our radars?
Korean government is planning to introduce a supplementary budget worth less than 7 trillion won this coming Thursday to cope with fine dust and boost the slowing economy amid growing downside risks over worsening economic conditions at home and abroad.
The government has projected the nation's economy to grow between 2.6 percent and 2.7 percent this year. The supplementary budget will be able to enhance the economic growth by about 0.2%, and this may have some positive impact on Korean stock markets.
U.S. trade talks with China could be also important in the week ahead, with negotiations continuing and investors awaiting news of a summit between President Donald Trump and China President Xi Jinping. A few economic indicators such as Q1 real GDP growth and consumer sentiment, which will be released on Friday, are among what-to-watch for the week.
Meanwhile, on trade, we have the US and the EU trading threats over airline subsidies. The U.S. also reportedly closing in on a trade deal with China. Markets in other regions haven't yet opened after a three-day weekend on Wall Street, but what are investors thinking on these issues?
The United States is threatening to impose tariffs on European goods worth billions of dollars, intensifying a long-running dispute over aircraft subsidies. The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing in return. This is significantly escalating transatlantic trade tensions.
The dispute dates back to 2004, when EU authorities said Boeing received $19 billion
Markets have closed in Korea on this Monday. And that means it's time to look at the week ahead on the global markets.
For that we have on the line Dr. Hwang Sei-woon, research fellow at the Korea Capital Markets Institute.
Thanks for making time today, Dr. Hwang.
You're welcome.
Stocks on Wall Street are right on the edge of new all-time highs. And this week we'll have U.S. GDP figures for the first quarter.
What industries should be be watching and what's the outlook there?
Amazon, Boeing, Microsoft and ExxonMobil are among more than 140 S&P 500 companies reporting quarterly results. 74% of the companies reporting so far have beaten expectations. Based on forecasts and actual reports, earnings for the S&P 500 as a whole are expected to decline 1.7%, the first negative quarter in three years. Some forecasters had projected an earnings decline of 4% or more.
The equivalent of the economy's first-quarter report card will be released Friday, with the first reading of GDP. The outlook for first-quarter growth has suddenly shifted upward, after a series of better data releases later in the quarter. Surveys show economists' median forecast is now tracking at 2.4%, way above the 1% expected earlier in the quarter.
The Korean government has decided to submit its proposal for an extra budget to parliament on the 25th. What effect has that budget or will it have on local stocks? And what else should be on our radars?
Korean government is planning to introduce a supplementary budget worth less than 7 trillion won this coming Thursday to cope with fine dust and boost the slowing economy amid growing downside risks over worsening economic conditions at home and abroad.
The government has projected the nation's economy to grow between 2.6 percent and 2.7 percent this year. The supplementary budget will be able to enhance the economic growth by about 0.2%, and this may have some positive impact on Korean stock markets.
U.S. trade talks with China could be also important in the week ahead, with negotiations continuing and investors awaiting news of a summit between President Donald Trump and China President Xi Jinping. A few economic indicators such as Q1 real GDP growth and consumer sentiment, which will be released on Friday, are among what-to-watch for the week.
Meanwhile, on trade, we have the US and the EU trading threats over airline subsidies. The U.S. also reportedly closing in on a trade deal with China. Markets in other regions haven't yet opened after a three-day weekend on Wall Street, but what are investors thinking on these issues?
The United States is threatening to impose tariffs on European goods worth billions of dollars, intensifying a long-running dispute over aircraft subsidies. The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing in return. This is significantly escalating transatlantic trade tensions.
The dispute dates back to 2004, when EU authorities said Boeing received $19 billion