Global TradFi & Macroeconomics

KOSPI stocks fell approximately 15% this month, dropping from 8591.50 on the 1st to around 7000 amid panic selling. The decline resulted from overlapping semiconductor concerns, geopolitical risks, and leverage liquidation. Major Korean brokerages diagnosed the drop as excessive correction driven

According to Daeshin Securities and KB Securities, South Korea's KOSPI index fell 15% in July through the 9th, tumbling from 8,591.50 to early 7,000s, prompting panic selling among retail investors. However, brokers view the decline as a liquidity shock rather than fundamental deterioration.

Japan's Ministry of Finance conducted a 5-year government bond auction on July 9, with demand exceeding both the previous auction and the 12-month average. The bid-to-cover ratio reached 3.43 times, surpassing the prior result of 3.11 times and the 12-month average of 3.35 times. The tail spread

According to Cointelegraph on July 9, tokenized stock transfers surged 105% to $8.4 billion in the past month, while the number of holders grew 17% to exceed 409,000.

According to Japan's Ministry of Finance, on July 9, the country's 5-year bond auction attracted higher demand than the previous auction and 12-month average, with a bid-to-cover ratio of 3.43 times, surpassing the prior month's 3.11 times and the 12-month average of 3.35 times. The 5-year yield

Hong Kong stocks declined over 200 points in afternoon trading, with the Hang Seng Index falling below the 24000 level as of 2:05 PM. Selling pressure intensified during the afternoon session after the market opened down 18 points and briefly rallied 154 points earlier in the day. The decline

Eric Trump announced on local time May 7 that American Bitcoin Corp (ABTC), the Bitcoin mining company he co-founded, has accumulated over 8,000 BTC in its treasury. The announcement highlighted the company's 52% Q1 mining yield and ongoing accumulation strategy despite crypto market volatility. The

South Korean stocks experienced a sharp correction, with the KOSPI index falling over 20% from its June peak of 9385.59 points and the KOSDAQ breaking below the 800 level. Securities research center directors attributed the decline to a combination of geopolitical risks, US interest rates, and

According to Asia Economy, on July 7, Eric Trump announced that American Bitcoin Corp (ABTC) has exceeded 8,000 bitcoin holdings and pledged to continue accumulating despite market volatility. Trump stated the company maintained a Q1 mining yield of 52% while keeping expenses at industry-low

Bank of Korea will pilot a 24-hour won settlement system in September for foreign investors to support the currency's international standing and potential MSCI developed market index inclusion, the central bank reported to the National Assembly's Strategy and Finance Committee on the 9th. The new in

Samsung Electronics reported provisional Q2 operating profit of 89.4 trillion won and revenue of 171 trillion won, both record highs representing year-over-year increases of 1,810% and 129% respectively. Meanwhile, self-employed workers' financial debt approached 1,100 trillion won in Q1, also a rec

NYMEX gold futures broke through $4,100 per ounce with a 0.34% intraday gain on July 9, while NYMEX silver futures surged past $59 per ounce, up 0.53% during the same trading session.

According to Yonhapinfomax, Samsung Electronics' second-quarter 2026 operating profit reached 89.4 trillion won, surging 1,810% year-over-year, while quarterly revenue hit 171 trillion won, both setting record highs. The surge was driven by strong semiconductor demand. Meanwhile, self-employed

According to its business report submitted to the National Assembly on July 9, South Korea's central bank will launch a 24-hour won settlement system in September to support foreign investors. The system aims to eliminate timing gaps between forex trading and won settlement, enhancing the won's

Bitcoin held key support despite geopolitical tensions and Strategy’s recent Bitcoin sale. Spot Bitcoin ETFs recorded two consecutive days of inflows, signaling renewed institutional demand. Analysts say Bitcoin’s resilience strengthens the near-term outlook as selling pressure fades. Bi

Germany's seasonally adjusted exports held unchanged at 0.9% month-on-month in May, matching the previous month's reading.

Germany's seasonally adjusted exports rose 0.9% month-over-month in May, exceeding the consensus forecast of -0.3% decline and matching the prior month's 0.9% growth rate.

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has dropped by 20% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Melius Research analyst Ben Reitzes set a $2,200 price target for US semiconductor company Micron Technology on local time on the 8th, implying a market capitalization of approximately $2.5 trillion driven by growth in the artificial intelligence memory market. According to The Street, this