Global TradFi & Macroeconomics

Oil prices declined as Saudi Arabia restarted its East-West pipeline and resumed crude shipments from Yanbu port on the Red Sea. WTI crude fell 3.8% to $89 per barrel while Brent crude dropped 2.5% to $95 per barrel, with oil transport volumes through the Hormuz Strait recovering to pre-war

According to Samsung Electro-Mechanics' announcement on September 28, the company announced a record 6.78 trillion won infrastructure investment to expand high-value semiconductor substrate production capacity. The investment comprises 4.27 trillion won for a new fabrication facility in Sejong and 2

According to Korean exchange data, Samsung Electronics and SK Hynix shares have significantly declined from their June highs—down to 272,500 won and 1.765 million won respectively as of Sept. 28—despite estimates for third-quarter profits rising substantially. Both chipmakers now trade at 12-month f

According to JP Morgan, Tesla's third-quarter vehicle delivery forecast has been lowered from 516,000 units to 482,000 units due to weakening demand in the U.S. and China, as reported overnight. The revision reflects concerns about near-term vehicle sales, overshadowing positive news regarding Tesla

According to Hana Securities on September 30, the firm maintained a buy rating on SK Telecom with a year-end target price of 140,000 won, citing favorable third-quarter earnings outlook. Key catalysts include Anthropic's IPO, national AI project selections, and accelerated AI data center and base st

According to JP Morgan, Tesla's third-quarter delivery guidance was reduced overnight from 516,000 units to 482,000 units, citing weakening demand in the U.S. and China. Despite Tesla announcing that its Full Self-Driving software secured approval in Croatia and continues expanding across

Intel CEO Pat Gelsinger said in a podcast hosted by GSA founder Jodi Shelton that he views TSMC as a partner rather than a competitor. Gelsinger noted Intel remains among TSMC's top 10 clients and praised the company's world-class capabilities. He emphasized that amid surging AI demand, TSMC alone c

Cboe Global Markets and S&P Dow Jones Indices announced a 25-year extension of their exclusive licensing agreement, securing Cboe's rights to offer trading in S&P 500 Index (SPX) options through 2051. At the time of writing, Cboe shares were trading at $268.01, up 5.83%. The extension continues a

According to CoinDesk, Robinhood announced the launch of AI trading agents, perpetual futures with up to 10x leverage, and weekend stock trading for U.S. clients at its HOOD Summit. Robinhood Agents allows customers to create AI agents within the app using OpenAI or Anthropic models, with

Korea's National Data Office released August industrial activity data on the 30th showing all-industry production fell 1.3% month-over-month, marking the first simultaneous decline in production, consumption, and investment in three months. The triple contraction was driven by a 4.8% drop in

iShares Silver Trust, the world's largest silver ETF, saw its holdings increase by 30.9 tonnes day-on-day, bringing total holdings to 15,395.54 tonnes as of September 28.

Cameron Drinkwater, Chief Product and Operations Officer of S&P Dow Jones Indices (S&P DJI), stated on the 29th that Korea is a high-priority market for introducing new ETF investment ideas, citing high investor understanding of ETF strategies. Speaking during an interview at The Grand Lotte

According to Cameron Drinkwater, S&P DJI's chief product and operating officer, South Korea is a high-priority market for introducing new ETF investment strategies. Speaking on September 29, Drinkwater highlighted South Korea's active retail investor participation and widespread adoption of

According to Samsung Securities analyst Kim Dong-young, KOSDAQ this month touched its 120-month moving average near 803 points, with price-to-earnings ratios declining to historic levels. Operating profit consensus has held steady despite the index decline, indicating the drop stems from liquidity s

According to Yonhapnews, on Sept 29, Cameron Drinkwater, chief product and operations officer at S&P Dow Jones Indices, called South Korea a high-priority market with strong retail investor participation and rapid adoption of new strategies. During an interview in Seoul, Drinkwater highlighted

According to Shinhan Investment & Securities, on September 30, the firm maintained a buy rating on LX International with a target price of 66,000 won, seeing strong earnings driven by favorable shipping rates and coal prices. Shinhan expects Q3 operating profit to reach 134.9 billion won,

According to MarketWatch, AMD announced the acquisition of World Labs for $8.2 billion, with the AI company's founder Fei-Fei Li joining as chief scientist. Li, known as the "godmother of AI," will report directly to AMD CEO Su Zifeng and lead research efforts on leading AI models and

Tomorrow (Sept 30), markets will focus on several critical economic indicators and central bank communications. China will release its manufacturing PMI, the U.K. will report GDP final figures, and the U.S. will publish core PCE inflation data. Germany will report unemployment figures, while the

South Korea's seasonally adjusted industrial output fell 4.8% month-on-month in August, significantly missing the 0.5% consensus expectation and marking a sharp reversal from the upwardly revised 0.5% gain recorded in