Global TradFi & Macroeconomics

According to Yonhapinfomax, on September 3, foreign exchange swap points in South Korea's FX market closed unchanged, with 1-year swaps at -9.20 won, 6-month swaps at -4.70 won, and 3-month swaps at -1.95 won. Overnight swaps closed at -0.020 won, while tomorrow-and-next swaps settled at -0.090 won.

Payward, the parent company of cryptocurrency exchange Kraken, has delayed its planned U.S. initial public offering to the second quarter of 2027 at the earliest, according to a CoinDesk report citing two people familiar with the company's plans. The company had confidentially submitted a draft

According to Reuters data, Russian state energy company Gazprom increased daily natural gas supplies to Europe through the Turkish Stream pipeline by 3% in August, delivering 51.9 million cubic meters per day. August total shipments via Turkish Stream reached 1.61 billion cubic meters, compared to 1

According to Maeil Business Newspaper, South Korean construction stocks rallied on September 3, with Hyundai E&C gaining 6.13% to 119,500 won, GS Construction rising 4.19%, and Samsung E&A climbing 5.49%. The gains were driven by expectations for nuclear power plant and artificial intelligence

According to SoSoValue and Farside data, U.S. spot Bitcoin ETFs recorded $101.1 million in net inflows on September 2, with BlackRock's IBIT leading the recovery by attracting $115.4 million after shedding $201.2 million the previous day. Grayscale's Bitcoin Mini Trust added $30.4 million, while

Masutaka Mimura, Japan's most senior foreign exchange official, expressed concern over the current foreign exchange market on September 3, stating that he is neither reassured nor satisfied with present

On Friday evening, September 4, Beijing time, the U.S. Bureau of Labor Statistics will release the August NFP report. The data will be released during the final week before the FED’s September policy meeting (September 15–16), making its potential market impact self-evident. However, in Bank of America’s view, the NFP report is more of an “appetizer.” The “main course” that will truly determine whether the FED raises rates in September remains the August Consumer Price Index (CPI), scheduled for

Russian President Vladimir Putin said on September 3 that the country will soon restore its remaining damaged oil refining capacity. Putin's statement comes amid ongoing efforts to address infrastructure losses from military

Meta Platforms cut approximately 8,000 jobs starting 20 May 2026, according to its 30 July 2026 SEC filing, but never said AI caused the cuts. The company's New York WARN notice filed 20 May listed the reason as "Economic," and Meta's quarterly report described the event only as "the May 2026

According to Russia's Finance Ministry, the country's state budget oil and gas sales revenues fell to 424 billion rubles in August, down from 934 billion rubles in July.

According to Bank of Japan account data, the central bank conducted no major intervention in the yen on Wednesday (September 2).

ChatGPT AI, backed by Sam Altman, predicts Bitcoin will trade at $115,000 by January 1, 2027, with scenarios ranging from a bearish $65,000-$80,000 to a bull-run target of $175,000-$200,000. Bitcoin is currently trading around $77,000 after a roughly 25% gain in August 2026, facing resistance at

Hewlett Packard Enterprise reported third-quarter fiscal 2026 revenue of $12.21 billion, a 33.6% year-over-year increase that exceeded market expectations, and raised its full-year outlook on May 2 (local time). Despite the earnings beat, HPE stocks fell approximately 8% in after-hours trading.

Hana Office REIT completed restructuring after securing 65 billion KRW in investment from NH Prime REIT and the Korea Institute of Science and Technology Mutual Aid Association. The restructuring followed the REIT's sudden cancellation of its IPO plan in March, which had raised market concerns

Wall Street analysts say current interest rate increases differ from 2022's bear market despite US 10-year Treasury yields exceeding 4.8%. The MOVE index stands at 79, below its long-term average of 85-90, as of September 3 when KOSPI closed at 6579.48, up 0.26%. Analysts cite growth-driven rate inc

Russia's Finance Ministry announced it will reduce its daily foreign exchange purchases to 2.5 billion rubles from September 7 to October 6, down from the previous 6.5 billion rubles per day.

According to Russia's Ministry of Finance, starting September 7, the daily net foreign currency purchases will be reduced to 1.92 billion rubles from 5.92 billion rubles, marking a decrease of approximately 67.6%.

Russia's Finance Ministry will purchase 55.6 billion rubles in foreign currency from September 7 to October 6, according to an official announcement. The revised plan represents a significant reduction from the previously announced amount of 136.17 billion rubles.

According to Korean Economic Daily, on September 2, Hewlett Packard Enterprise (HPE) reported third-quarter revenue of $12.21 billion, up 33.6% year-over-year and surpassing market expectations of $11.9–12.1 billion, with adjusted earnings per share at $1.11 versus the expected $0.92–$0.93.

According to Uanalyze, Tesla's Cybercab made its public debut today (September 3) in Austin, with invited guests taking the first ride in a steering wheel and pedal-free autonomous vehicle on public roads. The two-seat electric vehicle features upward-opening doors and represents Tesla's first