Global TradFi & Macroeconomics

The USD/JPY exchange rate declined 0.3% today, touching an intraday low of 159.09.

According to data released by the European Central Bank on August 19, the eurozone's June current account surplus expanded to €35.1 billion (€407 million), up from €25.8 billion in May on a seasonally adjusted basis. The increase was driven by higher primary income flows, including dividends,

E-Land World, a BBB-rated company, failed to secure its target募集額 in a bond demand forecast conducted on the 19th, receiving orders totaling 180 billion won against a募集額 of 200 billion won. The shortfall reflects weakened investor sentiment toward BBB-grade bonds following the default of

Recently, South Korea's stock exchange designated penny stocks trading below 1,000 won and companies with insufficient market capitalization as management-tier status. The move has triggered the first case of Event of Default (EOD) for convertible bonds (CB), where creditors can demand early

According to Bloomberg, Yangtze Memory (YMTC), China's major memory chipmaker, completed its IPO guidance on August 19, moving closer to an A-share listing. China's securities regulator confirmed YMTC has established the corporate governance structure, financial foundation, and internal control

According to Jin10 Data, on August 19 (Wednesday), the Shanghai Gold Exchange released its T+D trading data. Au(T+D) compensation fees flow from long to short positions, while Ag(T+D) fees flow from short to long positions. Data compiled from trading sessions on August 18 (20:00-02:30) and August 19

According to Jin10 Futures, on Aug 19 at 16:00, CFETS-NEX CNY funding sentiment index fell 2 points to 48. Large banks, mid-sized banks, and non-bank institutions reported indices of 47, 49, and 47 respectively, each declining 2 points. The index ranges from 0 to 100, with 50 representing

According to Jin10, Eurozone government bond yields declined slightly on August 19, with the 10-year German government bond yield falling 0.2 basis points to 3.253%, after touching a high of 3.272% on Tuesday. Global bond markets stabilized following Tuesday's selloff, with U.S. Treasury yields

According to Youanalyze, on August 19, Klarna reported second-quarter revenue of $1.04 billion, up 27% year-over-year, and gross merchandise volume of $36.6 billion, up 18%. However, strong quarterly results did not prevent the stock from falling 22.8% on weakening demand in Germany, its largest

The Japanese government's fiscal expansion policies under Prime Minister Takaichi Sanae are raising concerns about further increases in Japanese government bond yields, which recently approached 3% for 10-year maturities. Last month, the government approved the removal of budget request caps for

According to He Yi, Binance's co-founder, on August 19, approximately 75% of Binance users investing in U.S. stocks are net accumulators, with about 20% having never sold. Gen Z investors demonstrated the strongest commitment, showing the highest net-buy ratio and lowest trading frequency among

Bank of America identified the New Zealand dollar (NZD) as the most effective investment hedge against global food supply shocks driven by severe El Niño conditions, according to a report cited by CNBC on the 19th. The bank's analysis projects that El Niño-triggered food crises would significantly i

According to Nikkei Asia, Japan's 10-year government bond yield approached 3% on August 19, amid concerns that Prime Minister Takahashi Sanae's fiscal expansion policies could drive further rate increases. SMBC Nikko Securities economists noted in a report that fiscal policy uncertainty is likely to

According to CNBC on August 19, Bank of America positioned the New Zealand dollar as the most effective hedge against the global food supply shock from severe El Niño conditions. BofA strategist Oliver Bevington forecast that as global food prices rise due to El Niño-induced crop failures, New Zeala

Securitize Corp. and Neuberger Berman launched the Neuberger Securitize High Income Tokenized Fund (ticker: HINC), a multi-chain tokenized bond fund operating on Ethereum, Solana, Avalanche, and Sui. The fund primarily invests in high-yield corporate bonds, collateralized loan obligations, and

According to Iran's FARS News Agency citing the Oil Ministry, Iran generated $7.5 billion in oil-related foreign exchange in the first four months of this year and transferred it to the Central Bank. The amount represents a 50% increase compared to the same period last year and is expected to

Korea Exchange implemented a mandatory 5-day simulated trading requirement for new single-stock leveraged ETF investors starting on the 19th, according to financial authorities and the financial investment industry. The measure applies to domestic individual investors making initial purchases of sin

On August 19, the Eurozone's seasonally adjusted June current account balance and the United Kingdom's LME copper, aluminum, and nickel inventory changes are scheduled to be released within the next ten

According to South Korea's Financial Services Commission, new investors in single-stock leveraged exchange-traded funds (ETFs) must complete at least five days of mock trading on the Korea Exchange platform starting August 19 before purchasing Samsung Electronics and SK Hynix leverage products.

Korean retail investors purchased $4.5 billion worth of US stocks in July, with $840 million directed to SK Hynix American Depositary Receipts (ADR), according to data from the Korea Securities Depository cited by CNBC on the 17th (local time). The SK Hynix ADR investment represented