Global TradFi & Macroeconomics

According to DB Securities' report released today (September 30), South Korea's third-quarter earnings season marks a turning point as semiconductor profit momentum weakens and sector differentiation intensifies. Korean Air tops earnings surprise expectations with an estimated 28.4% EPS surprise,

KOSPI index opened today at 6,943.47, gaining 72.66 points or 1.06%.

According to E-Daily, South Korea's KOSPI index rose 1.06% today to close at 6943.47, while the KOSDAQ index advanced 0.59% on September 30.

South Korea's KOSDAQ composite index opened 4.98 points higher at 854.78 today, up 0.59% from the previous close.

According to UBS analyst Simon Penn on Monday (September 28), the market significantly overestimates the probability of a Federal Reserve rate hike at the October 28 meeting, pricing it at approximately 69%. He recommends traders reduce October rate hike bets and lower the cumulative rate hike prici

The cryptocurrency Fear & Greed Index stood at 71 on September 30, down 2 points from a day earlier, according to crypto data provider Alternative. The index measures market sentiment on a 0–100 scale, where readings closer to 0 indicate extreme fear and those closer to 100 signal extreme greed. The

South Korea's Ministry of Finance announced on September 30th that national tax revenue for 2026 is projected to reach 478.6 trillion won, exceeding the supplementary budget forecast by 63.2 trillion won. The upward revision is driven by a semiconductor industry boom and increased stock market

Viatron is transitioning from a display equipment-focused business structure to enter the semiconductor front-end and back-end equipment markets, with full-scale business structure changes expected from 2027, according to Hana Securities analysis released on the 30th. The Korean equipment

Foreign investors purchased 44.3 trillion won in Korean government bonds from April to September, falling short of the 50.5 trillion won expected to flow into the market following Korea's inclusion in the World Government Bond Index (WGBI), according to KB Securities and financial industry data

Orient Precision announced on the 30th its decision to implement a 2-for-1 reverse stock split to maintain an optimal number of shares in circulation, stabilize its stock price, and enhance corporate value. The electrification parts specialist stated the reverse split aims to optimize share count

NH Investment & Securities on the 30th maintained a Buy rating and a target price of 167,000 won on Wonik IPS stocks, citing expected benefits from memory chip investments and the resumption of foundry projects in the United States. Wonik IPS, South Korea's largest integrated semiconductor and

According to NH Investment & Securities, SK Hynix maintained its target stock price of 4 million won on September 30, supported by expanding HBM (high-bandwidth memory) demand and long-term supply contracts. Analyst Ryu Young-ho cited strengthening customer relationships and expanded customized supp

According to South Korea's Ministry of Economy and Finance, the country's national tax revenue for 2026 is now projected at 478.6 trillion won on September 30, up 63.2 trillion won (15.2%) from estimates made in March's supplementary budget. The increase reflects a near-doubling of semiconductor

According to NH Investment & Securities, on September 30, the firm maintained a buy rating on South Korean semiconductor equipment maker Wonik IPS with a 167,000 KRW price target. The company is expected to achieve 1.2 trillion KRW in revenue this year, driven by memory chipmakers' equipment

According to Hana Securities on September 30, South Korean display equipment maker Viatron is transitioning toward semiconductor pre- and post-process equipment manufacturing. The company is expanding its portfolio to include 3D DRAM Epitaxial-CVD equipment, Die·Glass Bonder solutions for advanced p

According to Yonhapnews, Cheil Worldwide's board approved today the cancellation of 280 billion won in treasury shares, representing 12% of total issued stock, with execution set for October 15. The company also authorized an additional 140 billion won treasury share repurchase and cancellation with

According to Orient Seojong, the automotive electrification components manufacturer announced on September 30 a 2-for-1 stock split to stabilize the stock price and enhance corporate value. The par value per share will increase

According to KB Securities research, from April to September, foreign investors' net purchases of Korean government bonds totaled 44.3 trillion won, falling short of the expected 50.5 trillion won inflow following Korea's inclusion in the World Government Bond Index (WGBI). The expected passive

The dollar-won 1-month non-deliverable forward (NDF) closed at 1,351.20 won (MID) in New York trading on the 30th, according to overseas brokers. Accounting for the recent 1-month swap point of -0.80 won, this represents a decline of 4.70 won from the previous Seoul foreign exchange market spot clos

The USD-KRW exchange rate traded at 1,354.00 won at 6 AM on the 30th, down 2.70 won from the previous Seoul market close of 1,356.70 won. The decline occurred despite global dollar strength and rising US Treasury yields, as export companies conducted negotiations at month-end and quarter-end. This m