The South Korea stock market has climbed higher in five straight sessions, collecting almost 75 points or 3.7 percent along the way. The KOSPI now rests just beneath the 2,000-point plateau although it figures to run out of steam on Friday.
The global forecast for the Asian markets is soft, with pro
The Federal Reserve Bank of New York announced on Friday that it will purchase approximately $7 billion in Treasury securities every day next week.
With this decision, the total amount of weekly purchases will be lowered to $35 billion from $40 billion this week.
The interest rate announcement from the European Central Bank is due on Thursday, headlining a hectic day for the European economic news.
The ECB is expected to leave its key interest rate, which is the rate on the main refinancing operations, at a record low zero percent.
ECB President Christine La