Global TradFi & Macroeconomics

According to Korea Investment Corporation (KIC), the state-backed fund held a forum in New York on Aug 27 with domestic financial professionals and local investment experts to discuss global economic outlook and investment strategy. Participants highlighted AI-related investments as a key driver of

Bank of Korea raised its base rate to 3% on the 27th, increasing the interest burden on debt-financed stock investors. Margin loan rates at securities firms reached up to 9.95% and stock-backed loan rates climbed to 9.5% as of the 28th, according to the Korea Financial Investment Association. The ra

Three major cybersecurity stocks soared to 52-week highs on Thursday after posting strong quarterly results and receiving price target hikes from Wall Street analysts. CrowdStrike Holdings Inc. (CRWD) jumped over 20% to $229.08, Okta Inc. (OKTA) surged nearly 29% to $174.85, and Zeta Global Holdings

According to E Daily, South Korea's KOSPI index fell to 6,841.61 on August 28 at 1:21 p.m., down 70.76 points or 1.02% from the previous close. The index touched the 6,800 level amid losses in semiconductor heavyweights Samsung Electronics and SK Hynix, which fell over 2% each despite strong

According to the Financial Investment Association of Korea, the Bank of Korea raised the base rate by 0.25 percentage points to 3.0% on August 27, marking the second consecutive monthly increase. Margin financing and secured borrowing rates have climbed to 9.95% and 9.5% respectively, adding

Salesforce CRM stock gained 22.6% on Thursday, marking its best single-day move in six years, after the company reported strong Q2 results on Wednesday and announced an expanded partnership with Anthropic branded ClaudeForce. Analysts said the results dispelled fears that AI will disrupt niche

Qatar has extended its force majeure suspension on liquefied natural gas supplies to Pakistan through October, according to trade reports. The extension suspends contractual obligations between the two nations regarding LNG

CrowdStrike Holdings Inc. (CRWD), Okta Inc. (OKTA), and Zeta Global Holdings Corp. (ZETA) stocks surged to 52-week highs on Thursday after posting strong quarterly results. CRWD stock jumped more than 20%, OKTA stock surged nearly 29%, and ZETA stock climbed about 7% at close on Thursday. The

According to analysts and Stocktwits, Salesforce stock (CRM) gained 22.6% on Thursday, marking its best single-day move in six years, following the company's strong Q2 earnings report released Wednesday and expanded partnership with Anthropic. Analysts at Canaccord described the quarter as

According to Moody's, the rating agency confirmed Taiwan Semiconductor Manufacturing Company (TSMC) at Aa3 and upgraded its outlook to positive from stable.

Non-semiconductor sectors in the Korean stock market outperformed in August while Samsung Electronics and SK Hynix declined, per Korea Exchange. From the 3rd to the 27th, construction rose 30.32%, machinery gained 17.56%, and metals climbed 16.45% as investors shifted from concentrated semiconductor

According to Korea Exchange, KOSPI rose 3.73% in August through August 27, while semiconductor leaders Samsung Electronics and SK Hynix both declined 0.95% and 0.70% respectively during the same period. Non-semiconductor sectors showed double-digit gains, with the construction index leading

According to Grayscale, on August 28, Bitcoin's 90-day correlation with the Nasdaq-100 index has fallen to approximately 33% from over 60%, while its correlation with gold has risen to above 50% from near zero at the start of the year. Grayscale Research Head Zach Pandl attributed the shift to

According to the International Monetary Fund (IMF), central banks should not dismiss inflation stemming from supply shocks, the organization stated in a research paper released on August 27. The IMF cautioned that while advanced economies traditionally downplayed supply disruptions, such shocks

According to Coinglass, the crypto Fear and Greed Index reached 72 today (August 28), up 2 points from yesterday. The 7-day average stands at 70, while the 30-day average is 41.

The USD-KRW exchange rate fell to a 1-year low on August 28, reaching 1,375.50 won at 10:39 AM Seoul time, driven by exporter negotiation volume entering the market. As of 11:19 AM, the rate traded at 1,378.20 won, down 2.70 won from the previous Seoul session close and 3.30 won below the New York c

On Thursday, Affirm Holdings Inc. (AFRM) reported fiscal fourth-quarter earnings of $4.62 per diluted share and revenue of $1.17 billion, beating analysts' expectations of $0.35 and $1.11 billion respectively. The results sent shares surging 9% in after-hours trading, though gains pared to 7.5% by m

According to ChainCatcher, the U.S. Securities and Exchange Commission has approved the merger filing between Evernorth, an XRP treasury company backed by Ripple, and Armada Acquisition Corp. II. Armada shareholders will vote on September 30; if approved, the merged entity will list on NASDAQ

According to Barron's, BCA Research geopolitical strategist Matt Gertken said this week that the Russia-Ukraine war is entering a new escalation phase, potentially becoming a major source of financial market volatility this fall. Ukraine has expanded its strikes deeper into Russian territory,

According to multiple trade sources, QatarEnergy sold at least 7 million barrels of various grades of Qatar crude oil this week for October shipment via tender. The cargo was priced at a premium of approximately 6-7 USD per barrel to Dubai crude on a free-on-board (FOB) basis and will be loaded via