<Anchor>

Yes, reporter Kwon Ae-ri's kind economy continues today. Kwon, the year-end Santa Rally usually expects the stock market to rise, but recently our stock market has fallen a lot, the exchange rate has been rising again, and the financial market is tumbling

<Reporter>

Yes. I think we should talk about stock exchange rates for a long time today. Once again, KOSPI, the recent ups and downs, saw 2,070 as a short term support, which was broken yesterday.

Except for a day that bounced back a little over the past week, it has continued to decline, and in fact, it's the foreign investors' movement in our stocks that are more noticeable than this.

We sell a huge amount of our stock. Since the 7th of last month, I have been selling for a whole month for over a month and have surpassed 5 trillion won by yesterday. It's an amazing scale. The national pension is paying off the sales tax.

In addition to the concerns over the exchange rate and the US-China trade war, it rose sharply in early August, when concerns about Korea-Japan conflict rose, and gradually stabilized again.

This trend is particularly evident since the end of last month. It is also in sync with foreigners selling our shares. I'm selling a circle.

<Anchor>

At first glance, it doesn't seem to have happened, but why is it analyzed that this is happening?

<Reporter>

In short, there is a strong man in the middle of this phenomenon. President of the US Trump.

The recent rise in the US, US stocks, and stock markets was a time when US-China trade conflicts could be resolved, at least in the medium term.

There are several factors that were the biggest. President Trump has sent a message that people would like to hear that want to continue to resolve the US-China conflict.

At that time, New York stocks continued to rise a little bit, fearing that they were running too long for the highest price in history.

But President Trump's actions are not unusual. Not only are there conflicts with us, we have a strong attitude toward the world, including us.
From last Sunday this week, there is no deadline for US-China negotiations, which could be agreed a year later after the US presidential election. You can negotiate only when I want to.

And as you know, we started negotiating defense costs with us. US opposition lawmakers are also demanding a $ 6 trillion defense contribution at the exchange rate.

Reactions from the North came last night, saying that North Korea could use force.

The Trump administration's Commerce Minister also stated that he did not plan to impose a 25% tariff on imported cars, including Korean cars.

Apart from this, the domestic news is relatively less, but NATO members are also pressing for more defense costs.

They began to impose surprise tariffs on steel and aluminum in Brazil and Argentina. It all happened this week.

<Anchor>

Then it's hard to get better for the time being.

<Reporter>

I can make a lot of inferences, and what Trump is doing is a short-term negotiation strategy to gain an advantage in the negotiations that are now taking place with countries around the world.

In the midst of a politically disadvantaged situation in which an impeachment investigation is underway, the medium term wants to show his performance dramatically by showing a strong attitude from all directions for a while and then taking a gesture to resolve some of the conspiracy before the presidential election. There is also an analysis called Strategy. It could be another one.

Either way, one thing is clear: the anxieties that are shaking our financial markets now, at least in the short term, seem hard to resolve.

Even if President Trump reverses the mood by posting a soft comment on Twitter for a day or two, it is so crowded.

Especially if there is some progress in trade negotiations with China, there is still a long way to go. It seems like the situation here can be repeated.

At this time, the stock market in Korea, which is still classified as an emerging market, is easy to shake up.

There are also variables that are not as favorable as other markets in the world, including the US-China trade conflict that is particularly affected. If you are planning to invest, it might be a good idea to keep this in mind for the time being.