Global TradFi & Macroeconomics

South Korea's KOSPI index surged over 1,001 points overnight, marking its largest single-day gain on record with an approximate 18% jump, closing at 6,500 points after consecutive days of sharp declines. SK Hynix reached its daily limit up for the first time in company

Samsung Electronics is forecast to overtake SK Hynix in HBM market share next year, according to UBS. The Swiss investment bank projected Samsung will capture 41% market share versus SK Hynix's 39%, driven by Samsung's early mass production of sixth-generation HBM4 and production capacity

According to Arkham data, Morgan Stanley increased its Bitcoin holdings by 114.644 BTC worth approximately $7.21 million today through its spot Bitcoin ETF MSBT in what appears to be another opportunistic purchase. The company's total Bitcoin holdings have now surpassed 6,200 coins for the first ti

According to UBS on August 1, Samsung Electronics will capture 41% of the high-bandwidth memory (HBM) market next year, surpassing SK Hynix at 39%, marking the first time Samsung takes the market lead. UBS analyst Nicholas Godoa cited Samsung's early mass production of HBM4 chips since February and

According to Wall Street Journal columnists Spencer Jakab and Greg Ip, the Federal Reserve kept rates unchanged on Wednesday (July 30), but long-term U.S. Treasury yields surged to 19-year highs, triggering a "bear steepener" pattern in the yield curve. Fed Chair Powell declined to adopt a more

According to PANews on August 1, Serenity, known as the "white-haired stock god," published a statement defending AI investor Leopold, stating that media and social platform coverage has "severely misrepresented" his track record. While Leopold's multi-year investment decisions from Seagate

The KOSPI market fell 21.19% from July 1 to July 31, marking the third-worst monthly decline in South Korean stock market history, according to Korea Exchange data released August 1. On July 31, the index surged 17% in a single session, recording the highest daily gain since the market's

According to Korea Exchange, KOSPI declined 21.19% from July 1-31, marking the third-worst monthly performance in history after the 1997 Asian financial crisis (27.25% in October) and 2008 global financial crisis (23.13% in October). However, the benchmark index rebounded sharply on July 31,

In July, NIO delivered 35,934 vehicles, up 71% year-over-year, according to the company's official delivery data. The firefly brand led growth with a 143.9% increase, while the core NIO brand delivered 20,008 vehicles with 57.9% growth.

According to Daum, South Korea's five major banks saw net inflows of 24.09 trillion won into fixed-term deposits as of end-July, the largest single-month increase this year, as investors shifted funds away from equities amid heightened market volatility. Data from the Financial Investment

According to Yahoo Finance, Apple CEO Tim Cook described memory chip prices as experiencing a "once-in-a-century flood" during the company's earnings call on Thursday, suggesting the recent market panic over memory stocks may be overdone. Cook attributed Apple's conservative quarterly guidance to in

According to Xpeng, the Chinese electric vehicle manufacturer delivered 38,027 vehicles in July.

According to Hankyung, leading semiconductor and technology stocks in South Korea and the U.S. experienced sharp declines in June and July 2026. SK Hynix fell 58%, Micron dropped 41%, and SanDisk declined 57%, while the S&P 500 index retreated only 5%. The selloff followed a steep rally that began i

According to SoSoValue, Ethereum spot ETFs recorded net inflows of $93.0 million overnight (July 31), with Blackrock's Staked ETH ETF ETHB leading at $15.38 million in daily inflows. ETHB has accumulated $544 million in total net inflows since

According to SoSoValue, Ethereum spot ETFs saw total net inflows of $93 million yesterday (July 31), with Blackrock's Staked ETH ETF (ETHB) leading among individual products at $153.8 million in single-day inflows.

The United States and Japan conducted a coordinated currency market intervention on the 31st (local time) to defend the yen's value, marking the first such joint action in approximately 30 years. The dollar-yen exchange rate, which had risen to the mid-160 yen range early in the New York session, re

Bitdeer, a Nasdaq-listed Bitcoin mining company, announced on its X account that through July 31, it mined 271.3 BTC during the week and sold the same amount, resulting in zero net new Bitcoin additions. The company continues to maintain zero Bitcoin

According to Yonhap Infomax and Nikkei newspaper, on August 1, the U.S. Federal Reserve and Bank of Japan executed their first coordinated currency intervention in approximately 30 years to defend the yen. The USD/JPY exchange rate fell from the mid-160 yen level to 157.2 yen following the intervent

According to Farside Investors, U.S. Bitcoin spot ETFs saw net outflows of $265.4 million yesterday (July 31), with IBIT recording outflows of $122.7 million and FBTC $54.8 million. Ethereum ETFs posted net inflows of $9 million, led by ETHB with $15.4 million.

According to Japan's Finance Ministry statement on Saturday (August 1), Japanese monetary authorities have multiple tools to meet market liquidity needs. These include discretionary use of the Federal Reserve's Foreign and International Monetary Authorities (FIMA) standing repo facility, which