It's time now for an in-depth look at the global markets this afternoon.br And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.br Mr. Yoo, thanks as always for coming on today.br br Thank you.br br Trade on Wall Street overnight was mixed. Still not sure where the U.S. and China are going on trade despite recent good news. Stocks in Korea today, up a fair bit. What's the story?br br The Dow Jones Industrial Average posted its fourth straight gain on Monday amid more optimism around U.S.-China trade relations. However, losses in tech shares kept the index's gains in check.br The major indexes all started the session trading higher on a Politico report from Friday that said China offered last week to increase purchases of U.S. agricultural products if the U.S. eased restrictions on telecom giant Huawei. China's offer could also be contingent on the U.S. delaying higher tariffs on about $250 billion worth of Chinese imports, the report said. Treasury Secretary Steven Mnuchin said Monday morning that China and the U.S. have a "conceptual agreement" on enforcement mechanisms around intellectual property theft, one of the more contentious negotiation points between the two countries.br Asian equities were mixed on Tuesday. Chinese stocks underperformed their regional peers following the release of weak inflation data. China's Shanghai Composite and the Shenzhen Component were down 0.5 and 0.4 by 10:35 PM ET (02:35 GMT).br The country's producer price index fell 0.8 in August from a year earlier, data from the National Bureau of Statistics showed on Tuesday. It was its worst year-on-year contraction in three years, according to data compiled by CNBC. Hong Kong's Hang Seng Index gained 0.2. Meanwhile, Japan's Nikkei 225 also traded 0.2 higher. Nissan Motor Co., Ltd. (T:7201) jumped more than 3 after company CEO Hiroto Saikawa announced his resignation effective Sept 16. South Korea's KOSPI was up 0.3. Down under, Australia's ASX 200 lost 0.5 after a survey produced by the National Australia Bank (NAB) showed the country's business sentiment slumped to 1 from 4 in August.br br Saudi Arabia says it's going to keep cutting oil production. We've seen oil prices rise for a fourth day in a row. The Saudis' new oil minister trying to prop up the market. Where do you see oil prices going?br br Since OPEC started restricting oil production, Iraq-the cartel's second-largest oil producer behind Saudi Arabia-has exceeded its output cap almost every month for more than two and a half years now. But now Iraq says it is ready to get onboard.br Iraq says it is now ready to reduce its crude oil production next month, its oil minister, Thamer Ghadhban, said as quoted by Reuters. "We are committed to the agreement to reduce production," the official said in a statement. Ghadhban's statement runs counter to evidence, which shows that Iraq has consistently failed to comply with its production cut obligations ever since the first ...