In-depth: Global market wrap-up
- 5 years ago
It's time now for an in-depth look at the global markets this afternoon.
And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea.
Dr. Yang, thank you for coming on today.
Thank you.
Let's start in the U.S. where the Democrats think they might have an edge now on the idea of impeaching President Trump. Wall Street was down Tuesday. Is that why?
In cryptocurrencies, we've seen a huge recovery since around the middle of this year. But overnight there was a sharp drop in the price of Bitcoin. It's really volatile area but where do you see crypto going?
Korea's also had very low consumer inflation for a while. It seems like that might continue now that we see that producer prices were down again in August compared to a year ago. Why are producer prices falling and what's youre outlook?
And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea.
Dr. Yang, thank you for coming on today.
Thank you.
Let's start in the U.S. where the Democrats think they might have an edge now on the idea of impeaching President Trump. Wall Street was down Tuesday. Is that why?
In cryptocurrencies, we've seen a huge recovery since around the middle of this year. But overnight there was a sharp drop in the price of Bitcoin. It's really volatile area but where do you see crypto going?
Korea's also had very low consumer inflation for a while. It seems like that might continue now that we see that producer prices were down again in August compared to a year ago. Why are producer prices falling and what's youre outlook?