In-depth: Global market wrap-up

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, thank you as always for making time.
Thank you.
Anticipation continues to build for this trade deal between the U.S. and China. The Trump administration has pushed back its ban on companies doing business with Huawei for another 90 days. Wall Street slightly higher yesterday. What's the story in the markets today?
The Department of Commerce has again extended the temporary general license allowing American companies to sell to Huawei, the embattled Chinese tech company. The existing temporary license was set to expire Monday.
The announcement is good news for Huawei and for American tech companies who rely on it as a key customer. The Commerce Department also said the extension is largely designed to help the rural US wireless providers who use Huawei's inexpensive equipment in their networks. But it also represents continued isolation of Huawei, which has been working to become less reliant on American components in the face of US pressure, resulting in an increasingly independent Chinese tech giant.
"The Department will continue to rigorously monitor sensitive technology exports to ensure that our innovations are not harnessed by those who would threaten our national security," Commerce Secretary Wilbur Ross said in a statement Monday.
Shares in New York keep climing higher and higher, but what's the situation here in Korea? Obviously a lot more concern locally.
Although the KOSPI rebounded sharply on expectations for US-China trade negotiations and the booming global stock market, foreign investors, major investors, continue to sell. Some concerns over US-China trade negotiations and the rebalancing of Korean stocks in the global benchmark index suggest that securities firms are unlikely to lead to a decline in overall supply and demand.
According to the Korea Exchange on the 19th, foreign investors sold net for eight consecutive trading days on the KOSPI from the 7th to the 18th. During this period, the net selling of foreigners amounted to a trillion won. Although it seemed to have returned to the long-term net buying from the 30th to the 6th last month, it has recently turned back to selling.
Despite the strong rebound in KOSPI, foreign investors are selling because of concerns over remaining US-China trade disputes and the impact of weighting adjustments in the global representative index, MSCI.
The United States and China agreed to set up a small deal in a trade dispute, but the signing was delayed and news that US President Donald Trump has not yet agreed to withdraw tariffs on Chinese goods has prompted foreign investors' anxiety. It is.
The US stock market rallied on a daily basis thanks to solid fundamentals despite the unrest in the US-China trade disputes, but Korea is vulnerable to external issues as its fundamentals are weak due to a decline in corporate earning