Global TradFi & Macroeconomics

According to Financial News on August 31, SK On, the battery subsidiary of SK Innovation, signed a supply contract for 9 gigawatt-hours of lithium iron phosphate (LFP) energy storage systems with U.S. firm Neovolta, valued at approximately 1.5 trillion Korean won ($1.1 billion). The deal marks SK On

According to A brokerage firm, USD/KRW spot quotes traded at par (0 level) before 9 a.m. on September 1 in Seoul's foreign exchange market. NDF fixing positions remained neutral, indicating the regional market had no net positioning to unwind at market

According to ChainCatcher, StableStock announced the launch of Korean stock trading functionality, allowing users to trade 300+ Korean-listed stocks and ETFs using stablecoins. The platform covers sectors including semiconductors, automotive, internet, and biotechnology, with holdings such as

Hanwha Group's proposed acquisition of US shipbuilder and defense contractor Austal USA for up to $1.2 billion is facing uncertainty as the Pentagon emerges as a last-minute variable in the deal. The South Korean conglomerate has engaged Morgan Stanley as its acquisition advisor and entered a

According to CNBC and CME Group's FedWatch tool, Federal Reserve Chair Kevin Warsh's carefully chosen remarks at Jackson Hole on Friday sparked a sharp shift in market expectations: the probability of a rate hike at the Fed's September 15-16 meeting jumped to 66.1% on Monday, nearly double the pre-s

According to Financial News, Hanwha advanced its $1.2 billion acquisition of U.S. defense contractor Austal USA on September 1, launching a four-week due diligence period with Morgan Stanley as financial advisor. Austal USA CEO Paddy Gregg stated the company is examining the proposal "very

According to Odaily and China's Ministry of Industry and Information Technology, the country's digital industry posted 20.71 trillion yuan in revenue for H1 2026, up 13.6% year-over-year, with profit reaching 1.79 trillion yuan, up 19.3% YoY. The data drove gains in A-share digital

According to Odaily, the Chicago Mercantile Exchange (CME) launched a new WTI crude oil futures contract last Sunday, representing just 10 barrels with a trading size of approximately $860 at current prices. The new offering complements CME's existing micro WTI contract (100 barrels) and standard co

According to Japanese Finance Minister Katayama Shoji, Japan stated at the G20 meeting that arbitrary export controls are detrimental to economic development and must be abolished.

Korean bond markets lost direction following the Bank of Korea's Monetary Policy Committee meeting, contrary to expectations that uncertainty would dissipate. Three-year Korean Treasury yields rose 9 basis points to 3.840% over two trading days after the meeting, while 10-year yields climbed 8.9bp t

According to LGT Private Bank Asia, as reported by Jin10 on September 1, the bank downgraded its U.S. dollar to South Korean won exchange rate forecasts across all periods. The 3-month forecast was cut from 1490 to 1400, the 6-month forecast from 1460 to 1420, and the 12-month forecast from 1450 to

According to Yonhapinfomax, South Korea's 3-year government bond yield (benchmark) rose to 3.840% on September 1, up 9 basis points from 3.750% on August 27 following the Bank of Korea's Monetary Policy Committee decision. The 10-year yield climbed

Hut 8 Corp. (HUT) shares jumped nearly 5% in overnight trading late Monday following reports that the company will develop a data center site as part of a $35 billion cloud-computing deal between Anthropic and Nvidia Corp. (NVDA). The Wall Street Journal reported late Monday, citing people

According to a Wall Street Journal report late Monday, Hut 8 Corp. (HUT) stock rose nearly 5% in overnight trading after news emerged that the company will develop a data center under a $35 billion cloud-computing deal between Nvidia and Anthropic, backed by cloud provider Lambda. Nvidia will

According to Korea Exchange, foreign investors sold net 10.18 trillion won from KOSPI in August, marking four consecutive months of net outflows. Meanwhile, SK Hynix conducted 8.54 trillion won in net purchases and Samsung Electronics 3.27 trillion won, with both companies executing massive share

According to Bloomberg, Nvidia announced yesterday it will invest $3.5 billion in Taiwanese chip designer MediaTek through convertible bonds, deepening collaboration on custom data center chips. MediaTek will integrate Nvidia's NVLink Fusion and NVHBM technology to enhance component communication in

On May 1st, foreign exchange dealers in Seoul's forex market forecast that the USD/KRW exchange rate may test the lower end of the 1,360 won range once more despite rebound pressures. Risk-off sentiment is expected to dominate the market following a resurgence of Middle East instability overnight, w

POSCO Holdings, Hyundai Steel, and SeAH Besteel stocks rose on September 1st trading, with POSCO Holdings climbing 2.66% to 347,500 won, Hyundai Steel up 1.48% to 30,850 won, and SeAH Besteel gaining 1.71% to 41,700 won. The rally reflects growing expectations for earnings recovery in core steel