Global TradFi & Macroeconomics

According to Seoul bond market data on July 29, South Korea's interest rate swaps (IRS) declined across all tenors. The 1-year IRS fell 2.50 basis points to 3.4225%, while the 5-year contracted 4.75bp to 3.9675% and the 10-year dropped 4.50bp to 4.0825%. SOFR-based rates also declined, with the 1-ye

According to a recent announcement, China Power-controlled subsidiary China Power Hydro (600292.SH) released first-half 2026 earnings guidance expecting net profit of approximately 1.19 billion yuan, representing a 122% year-over-year increase. The surge reflects the completion of the 2025 major

In Q2, Hermès stock fell over 10%, reaching its lowest level since 2023. According to its Q2 financial results, the luxury brand's revenue beat expectations; however, currency fluctuations resulted in a negative impact of over €360 million on

According to Yonhapinfomax, the Korean won fell to 1,446.70 against the U.S. dollar on July 29, down 15.80 won from the previous close, marking its lowest level since Feb. 27. The decline was driven by large-scale foreign currency conversion related to SK Hynix's American depositary receipts

According to Standard Chartered's International Business President Hung Pei-cheng, the bank raised its income guidance and increased dividends, targeting 15-20% earnings per share growth over the next three years. The group will progressively shift its capital distribution mix from share buybacks to

According to market data, Meta Platforms' stock fell for nine consecutive sessions through Wednesday, marking its worst losing streak in its history, ahead of the company's Q2 earnings report due after market hours. Analysts expect the report to show Q2 revenue rising 27% to $60.29 billion, but

According to Coinfomania, spot Bitcoin ETFs recorded $49.75 million in net outflows on July 28, 2026, marking the fourth consecutive day of selling. On the same day, Morgan Stanley launched the Ethereum Trust (MSSE) and Solana Trust (MSOL) on NYSE Arca, each charging a 0.14% expense ratio —

According to the Financial Times, the Bank of England is recently assessing the risk exposure of investment banks operating in London to Asian equities, aiming to reduce concentration risk related to a limited number of

According to Peter Kinsella at UBS, Japanese yen will likely continue weakening on July 29, as the Bank of Japan is unlikely to signal accelerated policy tightening this week. Kinsella noted that Japan's real interest rates (adjusted for inflation) remain in negative territory. Without a strong

According to two sources, Russia is preparing to extend its diesel export ban through August, though the ban could be lifted earlier if domestic supply conditions improve.

Meritz Financial Group secured over three times its target amount in a corporate bond offering on the 29th, raising 150 billion won against 480 billion won in investor orders. The AA-rated financial holding company conducted demand forecasting for the bond issuance to refinance existing debt

According to Maeil Business Newspaper, Korea's exchange-traded fund assets exceeded 500 trillion won as of late June. Bae Jae-gyou, CEO of Korea Investment Management, credited with pioneering the country's ETF market two decades ago, emphasized that artificial intelligence will reshape the

According to BNK Investment & Securities, on July 29, the firm lowered its target price for SK Hynix to 1.48 million won. The analyst noted that while the stock's recent sharp decline reflects short-term oversold conditions, the upside recovery is likely to remain limited amid persistent weakness in

Samsung Electronics and SK Hynix historical stock recovery timelines are drawing investor attention as both stocks decline sharply. Samsung took 4 years 9 months to recover its previous peak after the 2021 correction, while SK Hynix required 3 years 1 month. The comparison follows a Korean stock

According to Berenberg analyst Andrew Wishart, the Bank of England is expected to maintain its key rate at 3.75% on Thursday (July 29), though it may warn of potential rate hikes if energy prices surge significantly. However, Wishart noted such warnings do not signal a high likelihood of actual

According to Korea Exchange, individual investors net-sold 3.24 trillion won on the KOSPI market today (July 29), marking a striking reversal from their traditional buy-the-dip behavior during previous circuit breaker events. The shift reflects capitulation as back-to-back circuit breakers

Samsung Electronics and SK Hynix both saw their stocks recover from 2021 peaks after extended downturns. Samsung reached 90,600 Korean won on January 12, 2021, and did not surpass that level until October 16, 2025, a span of 4 years and 9 months. SK Hynix peaked at 146,500 won on March 2, 2021, and