Global TradFi & Macroeconomics

South Korea's exchange-traded fund market, which has grown to a 500 trillion won scale, is undergoing product turnover as low-efficiency ETFs face delisting while similar products continue launching in hot themes. According to Korea Exchange data, ETF delistings surged from 14 in 2023 to 51 in 2024,

South Korea's exchange-traded fund market, which has grown to $500 trillion won, experienced an acceleration in product churn in 2024, according to data from the Korea Exchange. ETF delistings surged to 51 in 2024 from 14 in 2023, while new ETF launches continued at a faster pace, with 174 new produ

Ahead of the US midterm elections, political friction over artificial intelligence (AI) data center regulations is intensifying, but securities analysts predict companies that have secured power and land resources will see increased investment appeal after the election. NH Investment & Securities re

According to NH Investment Securities analyst Cho Yeon-ju, while AI data center regulation has become a political flashpoint ahead of the 2026 U.S. midterm elections, federal-level comprehensive regulation is unlikely due to jurisdictional conflicts between federal and state governments. Current

According to E Daily, South Korea's tokenized securities (STO) market will begin operations in February 2027, with the first phase starting February 4. Large brokerages including Mirae Asset Securities and Korea Investment Securities are constructing independent blockchain networks to build

Goldman Sachs forecasts global stocks will rise 5-9% over the next 12 months, a slower pace than the previous year's gains, according to Peter Oppenheimer, the firm's Chief Global Equity Strategist, in an interview with Opening Bid on local time May 5. Oppenheimer stated investors have already

According to Goldman Sachs Chief Global Equity Strategist Peter Oppenheimer in a Yahoo Finance interview on September 5, global stock markets are expected to deliver returns of 5-9% over the next 12 months, down significantly from the exceptional gains of the past year and year-to-date

According to Seeking Alpha, the Magnificent Seven ETF (MAGS-US) and the iShares MSCI U.S. Momentum Factor ETF (MTUM-US) posted their first negative 21-day rolling correlation in recent trading, signaling a breakup in the synchronized movement that has defined the AI-driven market rally. The correlat

According to Iran's FARS news agency, explosions were reported near Kharg Island on September 5, with the cause remaining unclear.

According to China Taiyuan Coal Trading Center Index (released September 6), tight onsite supply pushed prices of thermal coal, coking coal, and anthracite sharply higher. Thermal coal led gains as port inflows fell below outflows, drawing down inventory levels. While some previously halted mines re

According to Mohamed El-Erian, on September 4, the renowned economist warned that investors should expect continued global government bond selloffs due to fundamental supply-demand imbalance. Large issuance from governments, major cloud service providers, and corporations exceeds the capacity of

Policy discord among US President Donald Trump, Treasury Secretary Scott Bessent, and Fed Chair Kevin Warsh has emerged as a key factor driving US Treasury yields to multi-decade highs, according to a September 6 report by iM Securities. US

According to iM Securities, on September 6, global government bond yields hit multidecade highs, with U.S. 10-year and 30-year Treasury yields reaching 4.8% and 5.3% respectively. Japan's 10-year yield surpassed 3.0%, marking the highest level since 1996, while major economies including the U.K. and

Foreign investment banks maintain forecasts for KOSPI to reach 10,000 points despite ongoing large-scale selling by foreign investors in Korean stocks. JP Morgan set a 12-month KOSPI target of 12,500, Goldman Sachs projected 12,000, and Nomura estimated 11,000, according to the financial investment

According to Seoul Economic Daily, on September 6, global investment banks maintained their 10,000 KOSPI breakthrough targets despite mounting foreign selling pressure and domestic brokerages cutting their forecasts. JPMorgan set a 12-month KOSPI target of 12,500, while Goldman Sachs and Nomura targ

According to Bloomberg, PIMCO's flagship balanced fund is reducing exposure to U.S. mega-cap technology stocks and shifting allocation toward Asian AI equipment suppliers, Chinese financial stocks, and healthcare holdings. Fund manager Emmanuel Sharef cited elevated valuations and surging AI

Spotify is expanding its superfan-centered monetization strategy with features highly compatible with K-POP, according to analyst Im Do-young from Daol Investment & Securities. Superfans represent only 2% of an artist's monthly listeners but account for over 18% of total streaming and 50% of

According to KB Securities Research Center, South Korea's Future Response Fund, launching in 2027 with total resources of 162.3 trillion won, will have approximately 96.9 trillion won in surplus reserves. KB Securities estimates up to 50% of these surplus funds could flow into domestic bond

South Korea's Financial Supervisory Service found that 71.8% of target-return fund investors from 2025 through the first half of 2026 chose A-class products with front-load fees, despite average investment periods shrinking to 57 days. The FSS held its 4th Consumer Risk Response Council on

According to South Korea's Financial Supervisory Service (FSS), over 71.8% of target-date fund investors opted for front-loaded fee A-class shares from 2025 through the first half of 2026. The FSS, led by Chairman Lee Chan-jin, held its Fourth Consumer Risk Response Council meeting on Sept 6 to