Global TradFi & Macroeconomics

Kim Jun-seok, senior research fellow at the Capital Market Institute, presented findings on the 18th at the institute's 29th anniversary conference in Seoul Yeouido showing that Korean small-cap listed companies' stock prices do not properly reflect future profitability. The analysis,

According to Kim Jun-seok, senior research fellow at the Korea Capital Market Institute, a study covering 2003–2025 data from South Korea, the U.S., and Japan reveals that domestic small-cap listed companies' share prices fail to reflect future profitability. The research, presented today at the Ins

JPMorgan analysts led by Nikolaos Panigirtzoglou stated in a Wednesday report that Bitcoin ETF demand could receive more support than gold if investors unwind their hedges. The analysis hinges on Bitcoin carrying heavier defensive positioning than gold, reflected in elevated short interest and put-t

According to JPMorgan analysts in a Wednesday report, Bitcoin ETFs could receive more support than gold if hedging demand declines, pointing to higher defensive positioning in Bitcoin versus gold. The bank noted that gold ETFs have fully recovered their 2026 outflows, while Bitcoin ETFs have

Bank of Japan Governor Ueda Kazuo is scheduled to hold a monetary policy press conference in approximately 10 minutes from now.

US spot Bitcoin exchange-traded funds returned to positive territory on Wednesday with $159.5 million in net inflows as Bitcoin recovered above $77,000. The turnaround on Sept. 17 ended two consecutive trading days of heavy withdrawals totaling $746.3 million. BlackRock's iShares Bitcoin Trust

Spot gold touched $4,390 per ounce today, gaining 1.11% during the session.

On Sept. 17, US spot Bitcoin exchange-traded funds recorded $159.5 million in net inflows, according to Farside Investors, as Bitcoin recovered above $77,000. The turnaround ended two consecutive trading days of heavy withdrawals totaling $746.3 million on Sept. 15-16. BlackRock's iShares Bitcoin

According to shipping data, only 4 commercial vessels transited the Hormuz Strait on Thursday, Sept 18, down 75% from an average of approximately 16 vessels over the past 10 days. The sharp decline reflects heightened geopolitical tensions in the region. Separately, industry sources reported that a

Gold futures rose 1.00% during intraday trading on September 18, reaching $4,424.50 per ounce.

Shanghai Silver main contract surged 4.00% intraday on September 18, now trading at 16,267 yuan per kilogram.

UK retail sales rose 2.4% year-over-year in August, exceeding the forecast of 1.9% and up from 1.6% in the prior period.

UK retail sales, seasonally adjusted, rose 0.5% month-over-month in August, beating consensus expectations of -0.20% and reversing the previous month's 0.50% decline.

According to MSX.COM data, BNC stock broke through $6.4 and is now trading at $6.45, up 30% on September 18.

Germany's Producer Price Index (PPI) rose to 4.6% year-over-year in August, exceeding the 4.1% forecast and up from 3.0% in the prior month.

Sen. Martin Heinrich on Thursday blocked an attempt by Sen. Jon Husted to pass the Ratepayer Protection Act through unanimous consent in the Senate. The blockage occurred one day after the House approved the legislation 417-3. Heinrich argued the bill's state-level approach does not go far enough to

On Thursday, Senator Martin Heinrich blocked an attempt to pass the Ratepayer Protection Act through unanimous consent in the Senate, just one day after the House overwhelmingly approved the legislation 417-3. The bill would require states to consider standards making large electricity users,

German August Producer Price Index month-on-month and UK August seasonally adjusted retail sales month-on-month data are due to be released in approximately 10 minutes.

According to the Korea Capital Market Institute, researchers presented policy recommendations today (September 18) to narrow tax gaps between financial investments and real estate. A senior researcher noted that domestic stocks have a 20-year annualized after-tax return of 6.0%, compared to 11.6%

ECB Vice President Pavle Duic warned that high inflation in autumn will drag down economic growth. The comments reflect the central bank's concerns over persistent price pressures impacting the eurozone economy during the current