Global TradFi & Macroeconomics

Korean stocks posted their largest intraday gain on record on July 31, with the KOSPI index surging 14.36% to 6396.95 as of 11:53 AM local time. The rally was driven by renewed semiconductor investment sentiment following overnight gains in US chip stocks and the liquidation of a major US hedge

According to Yonhap Infomax, South Korea's overnight interbank call rate reached 2.763% on July 31, with trading volume at 17.812 trillion won. The banking system faced a reserve fund shortfall of 10.893 trillion won, while cumulative reserve adequacy showed a surplus of 60.321 trillion won.

Sony Group raised its full-year operating profit guidance to 1.72 trillion yen from the previous estimate of 1.60 trillion yen, exceeding the market estimate of 1.65 trillion yen. The company's first-quarter operating profit came in at 476.5 billion yen, significantly beating the market

According to Ed Yardeni, CEO of Yardeni Research, speaking on CNBC on July 30, Federal Reserve Chair Kevin Warsh failed his first credibility test as bond yields continued rising. Yardeni noted that despite Warsh's hawkish rhetoric, the Fed did not raise rates, prompting bond market participants to

The International Monetary Fund (IMF) assessed that South Korea's foreign exchange reserves are sufficient to serve as a liquidity buffer amid broad-based shocks, according to a report published on the 30th local time. The assessment was based on a system-wide stress test conducted by the IMF. The I

According to its 2026 External Sector Report released on July 30, the International Monetary Fund assessed that South Korea's foreign exchange reserves are sufficient to provide adequate liquidity buffers even under widespread shock scenarios. The fund's conclusion followed stress tests applied

Top 1% profitable investors at Mirae Asset Securities net sold SK Hynix most heavily on the morning of the 31st at 11 AM, despite semiconductor stocks rebounding sharply. SK Hynix rose 23.98% to 1,639,000 won by 11 AM, reaching an intraday high of 1,714,000 won near the daily limit, while Samsung

According to Guru Club, Strategy reported a net loss of $24.45 per share in Q2 2026 (ended July 31), compared to earnings of $32.60 per share in the same period last year, driven primarily by an $8.22 billion impairment charge on its Bitcoin holdings. Quarterly revenue rose 6.9% year-over-year to $1

A whale trader using wallet address 0xC8b5 turned a $2.26 million loss into a $6.44 million profit on a leveraged SK Hynix perpetual contract position between July 29 and July 31, according to on-chain analytics platform Lookonchain. The trader opened a 3x leveraged long on 37,229 units of SKHX—a Hy

According to Guang Da Futures analysis, London spot gold rose 0.81% overnight to $4,100.34 per ounce, while Shanghai Futures Exchange gold climbed 1.2%. The advance was driven by softer-than-expected U.S. inflation data: second-quarter GDP grew at an annualized 1.5% versus expectations, and June

According to on-chain analytics platform Lookonchain, wallet 0xC8b5 turned a $2.26 million unrealized loss into a $6.44 million profit on the SKHX perpetual contract between July 29 and July 31. The trader had opened a 3x leveraged long position on 37,229 units of SKHX on July 29, which tracks SK

Spot gold fell below $4,080 per ounce intraday on July 31, declining 0.58% during the session.

According to data from Yonhap Infomax, on the morning of July 31 (Asia time), S&P 500 E-mini futures rose 0.28% to 7,493.25, while Nasdaq-100 E-mini futures climbed 0.90% to 28,491.25, driven by strong big tech earnings overnight. Microsoft surged 16% after its Azure cloud division grew faster

According to SEC Chair Paul Atkins on July 30, the U.S. Securities and Exchange Commission will review a framework allowing U.S. stock markets to operate for 23 hours daily this fall. The remaining one hour would be reserved for system maintenance and software updates. Atkins told Yahoo Finance in a

Long Wind Pharma (02652) raised HK$301 million through a share placement at HK$13.82 per share on July 31, representing an 11.97% discount to the previous closing price of HK$15.70. The stock surged 22.5% to HK$19.23 by 10:37 AM, with intraday gains reaching 24.7%. The company will allocate

According to UBS research, the investment bank maintained its buy rating on SK Hynix (SKHY-US) despite the semiconductor maker's stock correction, cutting its price target from 3.2 million Korean won to 3 million won. The stock has fallen approximately 52% from its June 22 peak but remains up 115% y

According to the WTO, Brazil initiated dispute settlement proceedings yesterday (July 30) against new U.S. tariff measures on Brazilian products imposed under Section 301 of the Trade Act of 1974. Brazil claims the tariffs violate multiple provisions of the GATT (General Agreement on Tariffs and Tra

According to Jin10, South Korean stock margin loans have declined more than 10% since late June, with leveraged ETFs tracking Samsung Electronics and SK Hynix seeing assets under management plummet from over $11 billion on June 25 to $4.1 billion. The sharp drop reflects declining stock prices,

According to reports, the Federal Reserve held interest rates unchanged at 3.5%-3.75% on July 31. The decision sparked a major unwinding of market hedges, as August federal funds futures open interest briefly hit a historic 1 million contracts representing approximately $5 trillion in notional