Global TradFi & Macroeconomics

Ha Geon-hyeong, team leader at Shinhan Investment & Securities, stated at a Maeil Business Newspaper financial seminar that current exchange rates reflect market supply and demand rather than economic fundamentals. Ha advised investors not to use exchange rates as a primary decision variable,

According to a recent investment strategy session by Shinhan Investment, the Strait of Hormuz supply bottleneck poses the primary risk to oil prices, potentially pushing U.S. inflation toward 5 percent. Oil prices surged to $120 per barrel earlier this year, fell to the $70s, and have since

Kakao Mobility is reviewing a plan to list American Depositary Receipts (ADR) in the United States based solely on the equity stake held by its second-largest shareholder, private equity firm TPG. The company disclosed this on August 20 in response to a Korea Exchange inquiry regarding reports of a

According to Jin10, Shanghai Futures Exchange released a notice on August 20 to expand the eligibility and participation scope of qualified foreign institutional investors (QFII) and renminbi-qualified foreign institutional investors (RQFII) in commodity futures and options trading. The notice

According to Kakao's official statement today (August 20), Kakao Mobility clarified that the $1 billion ADR IPO scale reported in media is not yet confirmed. The company stated that the Kakao board has made no related decisions, and specific details remain undetermined pending further

CME Group lists E-nano equity index futures on Monday, August 24, offering retail traders its smallest contracts for the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average. The launch remains subject to regulatory review according to the CME Group announcement. Tim McCourt, Global

According to Ukraine's Agriculture Minister, Ukraine will export 1.5 million tons of agricultural products in August, falling significantly short of its 5 million ton monthly target.

Moderna (NASDAQ: MRNA) and Merck announced positive Phase 3 results on August 19 for intismeran autogene, a personalized mRNA cancer therapy combined with Merck's Keytruda, in melanoma patients. MRNA closed at $174.38, up 176.97% in a single session and gaining $44.5 billion in market value.

According to CME Group, four E-nano equity index futures contracts will launch on Monday, August 24, offering retail traders the smallest available exposures to the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average. Based on the S&P 500 closing level of 7,707.98 on August 19, the S

According to the Korean Economic Daily, on August 20, Samsung Electronics plans to announce a 150 trillion won shareholder return program, exceeding earlier market estimates of 100 trillion won and marking a potential record for a South Korean listed company. The plan is expected to include stock

Riksbank Governor Tegnell stated on August 20 that recent inflation data may suggest inflation risks, though the central bank remains uncertain about their implications.

Japan's Nikkei 225 and Topix indices rose on August 20, gaining 1.36% and 1.18% respectively to close at 66,216.79 and 4,059.73. The rally followed the US Treasury's announcement of expanded mid- and long-term bond buybacks, which drove down Japanese and US long-term bond yields and redirected

According to a statement from Tajikistan's Ministry of Transportation published this week, the country has applied to import 2.55 million tons of oil and fuel products from Iran. The request includes 2 million tons of crude oil, 150,000 tons of gasoline, 300,000 tons of diesel, and 100,000 tons of a

According to Yonhapinfomax, Japan's Nikkei 225 index rose 890.37 points (1.36%) to close at 66,216.79 on August 20, rebounding after three consecutive trading days of decline. The TOPIX index gained 47.42 points (1.18%) to 4,059.73. The gains followed the U.S. Treasury Department's announcement of e

South Korean financial authorities decided not to abolish correlation coefficient regulations for active exchange-traded funds (ETFs), despite recent cases where multiple ETFs were delisted after outperforming their benchmark indexes. The decision stems from concerns that removing the regulation

According to South Korean financial regulators, on August 20, the Financial Supervisory Service decided to maintain the 0.7 correlation coefficient requirement for active exchange-traded funds (ETFs), rejecting calls to ease or eliminate the regulation. Under current rules, active ETFs must maintai

According to Capgemini economist Harry Chambers, the Swiss franc will strengthen if AI stocks experience mass selloffs, with expected appreciation of approximately 3% versus the euro by end of 2027. The analyst expects the AI bubble to burst next year, which could trigger a resurgence in

EUR/USD broke through 1.17 on August 20, reaching its highest level since May 14. The currency pair advanced 0.21% during the day.

On August 20, SK Hynix announced a 40 trillion won shareholder return plan, driving the KOSPI index up 5.89% to 6852.58. The memory chipmaker committed to buying back and cancelling 40 trillion won of shares within three months and returning over 50% of 2025-2027 cumulative free cash flow. The

Broadcom shares rose 1% in premarket trading on Thursday, recovering from a selloff the previous day triggered by Google announcing a chip deal with Marvell Technology. Investors grew concerned that Google's partnership with Marvell risks Broadcom's position as Google's primary TPU partner,