In addition, the fluctuating New York stock exchange, international oil prices, the trade war of the frontal conflicts between the American crown and China … Emergencies in the province of Remdesibir



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New York Stock Exchange, Gilead Sciences, Pamicell, Hanol Biopharma, Access Bio, Aprogen Pharmaceutical, Shinpoong Pharmaceutical and Jinwon Life Science Photography, focusing on Remdesibir related states

The New York stock market and international oil prices are shaking again.

The most important variable for the New York Stock Exchange and international oil prices is the possibility of the Second World War due to the frontal conflict of the crown between the United States and China. It is also worth noting that the remedy related to Remedyvir, which has been urgently approved for the treatment of the crown.
On the New York Stock Exchange, the Food and Drug Administration (FDA) approved the emergency use of ‘Remdesivir’ as treatment for a new type of coronavirus infection (Corona19). The FDA said over the weekend that Remdesivir specifically authorizes emergency use for severely hospitalized patients with a crown19 who need ventilators, etc. due to breathing difficulties.

United States President Trump also announced approval of Remdesivir’s emergency use at a location with Gilead CEO Daniel O’Day, FDA executive director, at the White House.
Stocks related to Remdesibir are still a reaction, but they have volatility potential. Remdesivir-related stocks include Gilead Sciences on the New York Stock Exchange, Phamicell Hanol Biopharma, Access Bio, Aprogen Pharmaceutical, Shinpoong Pharmaceutical and Jinwon Life Science on the Korean Stock Exchange.

It is of great interest that the conflict between the United States and China intensifies, as President Donald Trump and Secretary of State Pompeo have repeatedly raised the “origin of the Corona Wuhan Institute.” If the trade war between the United States and China occurs again, the international oil prices of the New York Stock Exchange Dow index, as well as the KOSPI KOSDAQ KRW exchange rate, may be seriously affected. At 4 local time, which ended the morning of Korean time on 4, the New York stock market showed a trend of the roller coaster increasing slightly in the second half of the month after the Dow index fell more than 300 points due to concerns about the trade war between the United States and China. European stocks are showing signs of uncertainty about concerns that the trade dispute between the United States and China may reappear.

New York stock markets are gaining ground in the United States, which is slowly easing economic blockages in response to new coronavirus infections in each region. The stock index managed to recover in just three trading days after recovering from the intraday intraday drop. International oil prices have also increased significantly. On the same day, the Dow index on the New York Stock Exchange rose 26.07 points (0.11%) to 23,749.96. The Standard & Poor’s (S & P) 500 and NASDAQ indices also rose slightly.

International oil prices are rising. International oil prices are rebounding in anticipation of whether global demand for crude oil will increase if economic containment measures are eased and economic activities resume. In early June, West Texas crude oil (WTI) for delivery in India on the New York Mercantile Exchange (NYMEX) rose to $ 20.39, an increase of 3.1% ($ 0.61) per barrel.

On the afternoon of the 5th, the dollar-yen exchange rate fell slightly compared to the New York battlefield. The euro-dollar exchange rate also fell slightly. The US dollar is falling against the Japanese yen and rising against the euro on the euro. In the Asian stock market, the Japanese and Korean stock markets closed on Children’s Day. The Chinese stock market was closed for the Labor Day holiday.

In China, there has been a strong atmosphere of emphasizing the United States regarding the crown trade war between the United States and China. Chinese state media strongly criticized that “the Minister of Pompeii is not crazy.” Previously, Secretary of State Mike Pompeo had alleged that there was “massive evidence” that Corona 19 was launched at the Wuhan Virus Research Institute in China. White House Director of Trade and Manufacturing Policy Peter Navarro also accused China of lying to Corona 19 instead of negotiating.

On May 4, a day ago, the Asian stock market weakened due to concerns about the trade war. In the Korean stock market, Kospi finished at 2.68%, at 1,895.37. KOSDAQ fell 0.51%. The 1900 line collapsed due to concerns about the recurrence of trade disputes between the United States and China. Foreigners sold large amounts of shares worth 1 trillion won. Samsung Electronics, SK Hynix and LG Chemical were the most foreign to sell on the stock market. On Day 4, foreigners sold Samsung Electronics for 287 billion won, SK Hynix for 983 billion won, and LG Chem for 66.7 billion won. KB Finance (KRW 41 billion), Celltrion (KRW 22.9 billion), Hyundai Motor (KRW 286 billion), SK Innovation (KRW 24.7 billion), Samsung Biologics (KRW 22.2 billion), Samsung Electronics (KRW 21.9 billion) million), Lotte Chemical (KRW 19.3 billion), KT & G (11.7 billion won), Samsung Life Insurance (16.6 billion won), POSCO (15 billion won) and Woori Financial Holdings (13.8 billion won) also they were net sellers. On the other hand, NAVER and cocoa were purchased. LG Electronics (KRW 11.7 billion), LG H & H (KRW 12.8 billion), Bukwang Pharm (KRW 11.9 billion), Hyundai Mobis (KRW 5.8 billion), Duzon BizOn (KRW 3.9 billion), Hotel Shilla ( KRW 3.8 trillion), Zenus (KRW 3.5 trillion), LG Net purchases by foreigners are also appearing at Innotek (2.6 billion won).

Among them, Tesla’s shares of Ellen Musk CEO Tesla are overwhelming, and Warren Surfit’s statements that no shares are rocking the New York Stock Exchange.
According to Charles Schwab, adding the liquidity provided by the Fed and the stimulus of the federal government, this year 26% of the country’s estimated gross domestic product (GDP) was invested.

The US Fed USA It has released a press release stating that the ‘Primary Market Corporate Credit Organization’ (PMCCF) and the ‘Secondary Market Corporate Credit Organization’ (SMCCF), which buy corporate bonds, will begin buying assets. The Special Purpose Organizations (SPVs) established by the Fed to support the corporate bond market are finally open. SMCCF begins buying ETFs in early May. PMCCF will also be operational soon. PMCCF buys corporate bonds rated for investment or syndicated loans or a portion of bonds in the issuing market. SMCCF buys corporate bonds rated for investment in the retail market, corporate bonds issued by ‘Fall Angel’ (Paul Angel), which had been rated investment grade until March 22, but later relegated to speculation.

On the New York Stock Exchange and KOSPI KOSDAQ, the so-called ‘Sell in May’ is sold in May. Eight securities firms that released this month’s stock market outlook report are expected to average 1,755 at the bottom of Kospi’s expected rise and fall in May. Shinhan Financial Investment and Daishin Securities suggested that the bottom of the range was 1,700. Bukuk Securities and Samsung Securities presented 1,750, KB Securities and IBK Investment Securities, and Korea Investment Securities 1,780 respectively. Except for Kiwoom Securities, which was the only one with the lower 1,800 range, the 7 securities firms predicted the possibility of a further collapse until the early 1,700s of KOSPI. In fact, KOSPI, the first day of trading in May, fell 2.68% in one day to 1,895.37.

Daishin Securities predicted that KOSPI will attempt to regain the 2,000 line this month, showing the ‘post-war’ trend.

Daeho Kim Director, Institute for Global Economic Research [email protected]

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