Market focus shifts to fundamentals as uncertainties ease after Korea-US summit

The first summit between President Lee Jae Myung and U.S. President Donald Trump helped ease tensions and uncertainties in the domestic financial market, paving the way for investors to shift their attention to fundamentals such as corporate earnings, market analysts said Tuesday. Park Sang-hyun, an analyst at iM Securities, described the talks as “a partially successful defensive summit,” noting that Korea’s approach focused more on safeguarding interests than on extracting concessions from the U.S. “No contentious issues were raised regarding trade or economic cooperation, and President Trump did not put forward new demands,” Park said. “Potentially sensitive topics, such as alliance modernization and defense cost-sharing, were also largely absent from the press conference, which was another positive sign.” The domestic financial market had been somewhat unsettled this month due to the Korea-U.S. tariff talks and the summit. With both matters concluding without major surprises, much of the uncertainty has now been resolved, Park said, adding that market attention is incrWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times