Global TradFi & Macroeconomics

According to Yonhap Infomax's survey of eight financial institutions on July 29, South Korea's July exports are projected to reach $97.83 billion, up 61.11% year-over-year and marking the second consecutive month above $90 billion. The forecast reflects sustained strong semiconductor demand driven b

According to a research note from Yide Futures on July 29, the EC2608 container shipping futures contract rallied sharply in late Tuesday trading as the market priced in expectations for Maersk's weekly 33 rate announcement. Maersk's wk33 opening price settled at $4,600/FEU and $2,760/TEU,

July 29, Bitcoin edged higher to around $64,000; earlier that same day, the Iranian Islamic Revolutionary Guard Corps launched multiple ballistic missiles from within Iran at the U.S. military’s Al-Azraq air base in Jordan. The U.S. Central Command said all missiles were successfully intercepted. The news quickly reversed oil prices: Brent crude had already fallen to around $83.75 per barrel, while WTI dropped to about $78.55 per barrel. Iran attacks U.S. base in Jordan, shipping risk in the Str

WTI crude oil prices rebounded over 4% on the 29th following reports of an Iranian attack on a US military base in Jordan. September delivery West Texas Intermediate (WTI) crude traded at 83.52 USD, up 4.11% from the previous session, as of 7:52 AM. The price surge reversed a three-day decline

According to Yonhapinfomax's survey of nine domestic and foreign financial institutions on July 29, South Korea's July consumer price index is projected to rise 2.92% year-over-year, marking the first decline to the 2% range in three months following June's 3.2% increase. Forecasts from surveyed in

According to BlockBeats, Seagate Technology's management delivered a forceful rebuttal to market pessimism on July 29 during an earnings call. CEO Dave Mosley committed to achieving revenue growth in FY2027 exceeding FY2026 levels, with an expected increase of 34% year-over-year. CFO Gianluca

SK Hynix completed long-term supply agreement (LTA) negotiations with approximately 10 customers including core clients, securing memory demand on a multi-year basis, the company disclosed during its May 29 earnings conference call. The South Korean chipmaker is shifting memory transactions from

Seo Eun-jong, Head of Global Markets at BNP Paribas Seoul Branch, stated on the 29th that foreign investor interest in the Korean won and won-denominated assets has reached its highest level since he began trading in 2002. In an interview, Seo assessed the government's won internationalization

Morgan Stanley, previously known as the 'semiconductor grim reaper' for repeated pessimistic forecasts on Korean semiconductors, has issued an optimistic outlook on the artificial intelligence industry. According to Morgan Stanley Research, AI infrastructure-related stocks including semiconductor

BNK Financial Group, iM Financial Group, and JB Financial Group reported a combined first-half net profit of 1.0931 trillion won, marking a 5.4% decline compared to the same period last year, according to financial sector data released on the 29th. The downturn stems from surging corporate loan

Seagate Technology reported fiscal fourth-quarter 2026 results on 2026-07-28 that exceeded Wall Street expectations. Revenue climbed 48% year over year to $3.63 billion against estimates near $3.5 billion, while non-GAAP earnings per share of $5.71 beat the $5.10 consensus. CEO Dave Mosley

On July 29 morning, Shanghai Gold Exchange's gold and silver T+D contracts both declined. Gold fell 0.62% to 877.0 yuan per gram, while silver dropped 0.46% to 13,945 yuan per kilogram.

The Bank of Korea stated in late July that inflation is expected to exceed its target in the second half of 2026, signaling that it remains necessary to maintain a tightening policy stance.

According to SK Hynix on July 29, the South Korean chipmaker completed long-term supply agreement (LTA) negotiations with over 10 core customers, with additional contracts under discussion. The company said LTA contracts typically feature a five-year basic term with prices reflecting market

According to BNP Paribas Seoul branch head Seo Eun-jong in an interview with Yonhapinfomax today (July 29), financial markets are excessively pricing in interest rate increases from the Bank of Korea. Seo stated that short-term interest rate swap (IRS) markets are factoring in four to five rate

According to Seagate Technology's fiscal fourth-quarter results released on July 28, the storage company reported revenue of $3.63 billion, up 48% year over year and beating analyst estimates near $3.50 billion. Non-GAAP earnings per share came in at $5.71, exceeding expectations of $5.10, while

According to CNBC, on July 27, renowned short-seller Steve Eisman warned that the market's biggest risk is investor concentration in artificial intelligence. Eisman noted that if AI development disappoints, the market could face a sharp correction. He highlighted that seemingly diversified

Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Korea Exchange, Samsung Electronics rose 3.86% to 228,500 won by 9:26 a.m. on July 29. The gain came as bargain-buying interest emerged following the previous day's decline, offsetting weakness in the U.S. semiconductor sector overnight where major chip stocks

According to Goldman Sachs' latest strategy report on July 29, Japan's AI semiconductor stocks experienced a sharp selloff that creates a buying opportunity, with strong earnings prospects expected to revive investor interest in semiconductor equities. The catalyst is Intel's increase in 2026