Global TradFi & Macroeconomics

On Sept 30, China's futures market closed with more gainers than losers in afternoon trading. Natural rubber (NR) led gains with a 5% rise, followed by polyvinyl chloride (PVC) up 4% and synthetic rubber up 3%. In declines, asphalt fell over 3%, while shipping index (China Containerized Freight

According to Interfax, Russia extended its diesel export ban into October. The extension of the fuel export restrictions continues Moscow's measures amid ongoing geopolitical tensions and domestic energy management

On September 30, major European stock indices opened with mixed performance. Germany's DAX 30 index rose 105.40 points, up 0.42%, to 25,480.69. The UK's FTSE 100 index gained 31.48 points, up 0.30%, to 10,668.19. France's CAC 40 index declined 1.23 points, down 0.02%, to 8,034.64. Spain's IBEX 35 in

According to South Korea's Banking Association, the loan-deposit rate spread at the country's five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup) widened to 1.456 percentage points in September, expanding by 0.158 percentage points from the previous month. The reversal marks an

According to Yonhapnews, on September 30, Samsung Electronics declined 1.47% to 268,500 won while SK Hynix rose 0.62% to 1,776,000 won during Seoul trading, as investors grew cautious ahead of Micron's earnings announcement expected overnight. Foreign investors and institutions were net sellers of

According to Odaily, South Korea's KOSPI index (benchmark equity index) fell 19.3% in the third quarter, marking its largest quarterly decline since Q1 2020. The index closed at 6838.04 points on Sept 30, down 0.48% for the

According to Odaily, the Nikkei 225 Index closed up 1,272.45 points, or 1.94%, on September 30, settling at 66,753.72 points.

South Korea's KOSPI stock index closed lower on the 30th, reversing early gains as foreign investors sold heavily ahead of key US economic data. The benchmark KOSPI fell 0.48% to 6838.04, after opening 1.06% higher at 6943.47. Foreign investors sold a net 2.05 trillion won and institutions

According to Bloomberg, on Sept 30, Phil Clifton, founder of Pomerium Capital and former portfolio manager at Michael Burry's Scion Asset Management, warned that South Korean undervalued stocks risk falling into value traps. During recent visits to Korea and Japan last month where he met 24

South Korea's KOSPI index closed down 32.77 points (0.48%) at 6838.04 on September 30, marking its third consecutive day of decline. The downturn was driven by rising US long-term Treasury yields, which heightened concerns over risk assets in global markets. Foreign investors sold 2.2 trillion won a

According to the Reserve Bank of Australia (RBA), on Tuesday the central bank raised its cash rate by 25 basis points to 4.6%, marking its highest level since 2011. The decision was unanimous. The RBA cited multiple inflation pressures: Middle East conflict disrupting global oil supplies, strong

France's September CPI month-over-month initial reading came in at -0.3% in September, below the consensus forecast of -0.6% and down from the previous month's reading of 0.70%.

France's September consumer price index (CPI) came in at -0.3% month-over-month, missing the forecast of -0.5% and shifting from a 0.7% increase in August.

France's Producer Price Index (PPI) increased to 4.8% year-over-year in August, up from 3.4% in the previous month.

France's household consumption spending declined 0.5% in August on a monthly basis, falling short of the expected 0% forecast, according to official economic data. The prior month's reading was also revised downward to 0.4% from an initially

France's September consumer price inflation rose to 3% year-over-year, exceeding economist forecasts of 2.8% and climbing from August's 2.4%, according to preliminary data released by national statistics

France's September harmonized consumer price index (CPI) came in at 3.4% year-on-year in its initial reading, exceeding forecasts of 3.1% and rising from 2.60% in the previous month.

According to BlockBeats, Lumentum rallied 6% on September 30 as Nvidia's chip-packaging optics (CPO) deployment progressed faster than expected, spurring demand for AI data center interconnects. GF Securities predicts Lumentum's CPO laser revenue will grow from $427 million in 2027 to $750 million i

According to CNBC on Sept 29, Goldman Sachs' board is considering replacing CEO David Solomon (64) with President and Chief Operating Officer John Waldron (57) as early as next year, according to a Wall Street Journal report. However, the succession plan faces a critical challenge: Solomon may not b