Global TradFi & Macroeconomics

According to the Korea Exchange and Financial Investment Association, KOSPI trading volumes and investor deposit balances declined sharply from June through August. Average daily trading volume fell from 50.3 trillion won in June to 25.8 trillion won in August, a 48.66% decrease. Investor deposits a

Coinbase appointed Anthony Armstrong to its board of directors, where he will serve on the Audit and Compliance Committee, according to a filing with the U.S. Securities and Exchange Commission. The appointment expanded Coinbase's board from nine to ten members. Armstrong brings nearly a decade of i

On Wednesday (September 2), offshore Chinese yuan (CNH) traded at 6.7180 against the U.S. dollar at the New York close, up 41 pips from Tuesday's close. Intraday trading ranged between 6.7267 and 6.7161 yuan per dollar.

According to RBC Capital Markets strategists, the U.S. Treasury's expanded buyback plan maintains positive effects on long-end debt yields on Wednesday, despite 30-year yields reverting to near pre-announcement levels. The strategists noted that long-end swap spreads have held their gains since the

South Korea's foreign exchange reserves reached $442.3 billion in August 2026, up from $427.95 billion in the previous month, according to official data. The month-on-month increase of $14.35 billion represents a 3.4%

European natural gas prices reached their highest level since 2023 on September 2 as the United States and Iran resumed military clashes more than six months into the Iran war. Dutch TTF hub natural gas futures rose over 2% to €73.60 per megawatt-hour (MWh) by 2:10 p.m. local time September 2,

Korean retail investors reduced ETF net purchases to 2.3756 trillion won in August, marking the lowest monthly level this year and a 73% decline from July's 8.7868 trillion won, according to Korea Exchange data released on the 2nd. The sharp contraction reflects weakened investment sentiment as

According to Yonhapinfomax, European natural gas prices hit their highest level since January 2023 on September 2, with TTF hub futures in the Netherlands breaching 75 euros per MWh intraday before settling at 73.60 euros—up over 2% from the previous day. The surge reflects escalating military

According to Korea Exchange, individual investor ETF net purchases in August totaled 2.376 trillion won, down 73% from July's 8.787 trillion won and marking the lowest monthly figure this year. Analyst Yoon Jae-hong from Mirae Asset Securities attributed the decline to investor sentiment

The Magnificent 7 technology index closed up 0.87% at 226.71 points on Wednesday, September 2, as U.S. tech stocks extended early gains with narrow consolidation at higher levels. The broader Tech Titans index gained 0.58%, closing at 445.95 points.

The Federal Reserve released its August Beige Book on the 2nd (local time), reporting that economic activity increased modestly since early July, with 10 of 12 Fed districts experiencing growth at a slight to moderate pace while two districts reported no change. The report stated that consumer

US stock market indices rose together on 2일 (US Eastern Time) after four consecutive days of decline, as US Treasury yields declined slightly and bargain buying emerged. Mid-to-long term Treasury yields fell by approximately 1 basis point after five trading days of sharp increases that had

The Federal Reserve released its August Beige Book on September 2, reporting that 10 of its 12 regional Federal Reserve districts experienced slight to moderate economic growth since early July, while two districts saw no change in activity. Consumer spending increased modestly overall, with report

On Wednesday (Sept. 2), spot gold rose 1.39% to $4,389.36 per ounce at the New York close, while spot silver gained 1.97% to $65.34 per ounce. The Philadelphia Gold & Silver Index advanced 3% to 403.57, and the NYSE ARCA Gold Miners Index climbed 1.91% to 2,794.88.

GoPro merged with US optical communications company Starman Optical in a deal valued at $285 million, the companies announced on May 1. The action camera maker, once valued at nearly $12 billion in 2014, saw its market capitalization collapse to $300 million amid competition from lower-priced

According to Maeil Business, on September 1, GoPro finalized a merger agreement with Starman Optical, a U.S. optical and photonics company specializing in AI datacenter infrastructure. Starman will pay GoPro shareholders $285 million in cash, acquiring approximately 90% post-merger ownership. GoPro

Microsoft announced Wednesday it will begin disclosing quarterly revenue for its Azure cloud business, providing investors with detailed financial transparency for a unit that competes with Amazon Web Services and Google Cloud Platform. The decision accompanies a broader restructuring that

Snowflake shares rose 22% in extended trading on Wednesday after the data analytics software maker reported fiscal second quarter results that surpassed Wall Street expectations. The company posted adjusted earnings per share of 62 cents

Broadcom shares dropped 5% in extended trading on Wednesday after the chipmaker issued disappointing guidance for the current quarter, despite beating earnings expectations. The company reported adjusted earnings per share of $3.32 versus $3.24 expected and revenue of $29.59

According to CNBC, Snowflake shares surged 22% in extended trading on Wednesday after the data analytics software maker reported fiscal Q2 results that beat expectations. The company posted adjusted earnings per share of 62 cents versus 45 cents expected and revenue of $1.55