Global TradFi & Macroeconomics

According to Guru Club, on September 17, the U.S. Securities and Exchange Commission announced an innovation exemption allowing tokenized stock trading for five years. Qualified exchanges may trade tokenized U.S. listed stocks without formal exchange registration, utilizing permissioned automated ma

On September 17, the U.S. Securities and Exchange Commission released an innovation exemption plan allowing tokenized stock trading for five years, exempting qualified exchanges from certain registration requirements. Under the framework, designated participants may conduct trades on permissioned

China's central bank conducted 833.5 billion yuan in overnight reverse repo operations today, according to the public market operations announcement. Separately, 706.5 billion yuan in reverse repo operations expired today.

Brent crude oil extended gains during intraday trading on September 30, rising 1.00% to $96.38 per barrel.

According to Financial News, Ariba BioHoldings shares fell 18.39% (720 won) to 3,195 won on September 30 morning, extending losses into a second consecutive day following the termination of its merger agreement with Ariba Bio. The company's board passed a resolution on September 29 to terminate the

USD/JPY broke below 157 today, declining 0.18% during the session.

French government bonds came under renewed pressure on September 29 (local time) as the 10-year yield spread over German bunds widened to 117.86 basis points—the highest level since May 2012 during the eurozone fiscal crisis—amid escalating political conflict over the next year's budget. The French

US Bank Asset Management's chief investment strategist Rob Haworth stated on September 29 (local time) that investors need not fear US Treasury yields rising above 5%, as the increase reflects strong economic growth rather than underlying problems. According to Business Insider, Haworth explained th

The Chinese interbank foreign exchange market set the yuan mid-rate at 6.7351 against the US dollar on September 30, appreciating 60 basis points. The euro mid-rate was 7.6215, down 279 basis points, while the pound was set at 8.8918, down 254 basis points.

China's yuan midpoint rate strengthened 60 basis points to 6.7351 on September 29, reaching its highest level since February 2, 2023.

According to Yonhapinfomax, on September 29, the France-Germany 10-year bond yield spread reached 117.86 basis points, marking its highest level since May 2012 during the eurozone debt crisis. France's 10-year bond yield climbed to 4.8105%, hitting its highest since July 2008. France's debt

Bitcoin was at $83,446 on Sept. 30, continuing to trade within a range. The U.S. Bureau of Labor Statistics (BLS) released its August Job Openings and Labor Turnover Survey (JOLTS), which showed approximately 7.1 million nonfarm job openings (exactly 7,079 thousand). Overall conditions remained stable, with no sharp cooling. According to CME Group estimates, the probability of another FED rate hike at its October meeting remains above 50%. BLS August JOLTS Data: 7.1 Million Nonfarm Job Openings;

Nine Korean bond market experts surveyed by Yonhap Infomax forecast October government bond yields will remain downwardly rigid, with 3-year bonds at 4.07% and 10-year bonds at 4.49%. The consensus reflects concerns over potential Bank of Korea rate hikes and sustained high oil prices. Brent crude f

Australia's central bank raised its policy rate to 4.60% on September 29, marking the fourth hike this year and reaching a 15-year high, while RBA Governor Michelle Bullock signaled that further rate increases may no longer be necessary. The dovish tone prompted Korean bond market participants to re

On September 30, the Seoul bond market is expected to move while monitoring foreign investors' treasury futures trading amid bearish positioning and cautious outlook on favorable indicators. International oil prices fell on news of Saudi Arabia's oil export normalization, with state-owned Saudi

According to Yonhap Infomax, the Reserve Bank of Australia raised its policy rate to 4.60% on September 29, marking a 15-year high. Governor Michele Bulloc stated in the press conference that further interest rate increases may not be necessary, citing moderating inflation pressures. Australian

South Korean retail investors known as 'Seohaggaemi' net purchased $38.19 million of Meta stocks during Sept 28-29 (inquiry date basis, corresponding to Sept 24-25 settlement date during the Chuseok holiday period), according to Korea Securities Depository data released Sept 30. The buying spree

According to a Yonhapinfomax survey of nine Korean bond market experts, government bond yields are expected to face downside pressure in October as the Bank of Korea remains vigilant about potential rate hikes amid elevated oil prices. The consensus forecast

According to a Yonhap Infomax survey on September 30, Seoul forex experts forecast the USD-KRW exchange rate will trade between 1,331 and 1,391 won in October. The high-end estimate of 1,391.15 won is 18 won lower than September's forecast and marks the first time since July 2024 that the outlook ha