Global TradFi & Macroeconomics

Multiple South Korean securities firms including Hana, Samsung, Mirae Asset, and Shinhan Investment launched unified accounts targeting foreign investors around early July, intensifying competition in the sector. The move significantly improves foreign investors' market accessibility; however,

According to Shanghai Steel United, battery-grade lithium carbonate (MMLC) spot prices fell to 158,200 yuan/ton today (July 9), declining 4,100 yuan/ton from the previous day's close.

The Federal Reserve released minutes from Chair Kevin Warsh's first Federal Open Market Committee meeting on June 8 (local time), revealing a deliberate shift away from forward guidance through reduced document length and dual-scenario policy presentation. The June FOMC minutes totaled 15 pages in

Japanese stocks rose on the 9th, with the Nikkei 225 index climbing 1,144.04 points (1.71%) to 67,963.09 as of 9:17 AM, driven by overnight buying in US technology stocks. The rally followed US President Donald Trump's decision to soften his rhetoric on Iran after initially

According to Form 4 filings, Rocket Lab (RKLB) founder and CEO Peter Beck sold 3,275,779 shares at an average price of $87.43 in the recent trading window, which closed on July 8, raising a total of $286 million. The sale concluded a trading plan announced in March, when RKLB was trading at $60.9.

According to the Federal Reserve's official FOMC minutes released on June 8, Fed Chair Kevin Warsh reduced the published June meeting minutes to 15 pages compared to former Chair Jerome Powell's standard 18-page format. The substance of the minutes also shifted in presentation style, making it

According to Yonhap Infomax, South Korea's government bond futures fell sharply on July 9 amid renewed concerns over U.S.-Iran conflict escalation. The 3-year bond futures dropped 11 ticks to 103.01, while 10-year futures fell 32 ticks to 105.59. The 10-year benchmark yield surged to 4.292%,

According to Yonhapinfomax, Japan's Nikkei 225 index rose 1,144.04 points (1.71%) to 67,963.09 on July 9, recovering above the 67,000 level on the opening bell. The gains were driven by overnight strength in U.S. technology stocks, as Donald Trump signaled a de-escalation in tensions with Iran. The

According to Wall Street Journal reporter Nick Timiraos on July 9, the Federal Reserve's June meeting minutes reveal that disagreements among officials stem primarily from divergent inflation forecasts rather than fundamental conflicts over rate policy. The Fed has identified two scenarios: if infla

According to Bloomberg, Bain Capital has divested all of its shares in Kioxia Holdings on July 9, with David Gross, managing partner at Bain Capital, confirming in a Bloomberg TV interview that the firm no longer holds any stake in the Japanese memory semiconductor company. Bain had been reducing it

Founded by Adam Back, CEO of Blockstream, the Bitcoin Standard Financial Company (BSTR), and Cantor Fitzgerald's special purpose acquisition company Cantor Equity Partners I jointly issued a statement on July 9, announcing the abandonment of the original SPAC merger agreement terms set for 2025 and the start of renegotiations. Joint Statement by BSTR and Cantor: Abandoning 2025 Merger Terms, Shareholders' Meeting Indefinitely Postponed According to the joint statement on July 9, 2026, BSTR and C

According to Reuters on July 8, South Korea's KOSPI index declined as semiconductor stocks weakened amid concerns over artificial intelligence reaching a peak. The market also faced mounting investor anxiety over high-risk investment products, which dampened overall

US semiconductor ETFs rebounded on the 8th (local time) after testing critical support levels amid a $2.1 trillion market cap selloff since June 22. The Philadelphia Semiconductor Index (SOX) closed 2.23% higher at 12,574.97, while the iShares Semiconductor ETF (SOXX) rose 1.87% to 562.03 and the

Samsung Electronics reported Q2 operating profit of 89.4 trillion won as Meritz Securities analyst Kim Seon-woo stated the semiconductor cycle structure has fundamentally shifted from B2C to B2B demand, with the supercycle potentially lasting 2-3 more years until big tech companies voluntarily

According to Jin10 Futures, the CFETS-NEX sentiment index for the yuan interbank funding market reported 47 as of 10:15 on July 9, unchanged from 08:45. By institution type, the sentiment indices were: large banks 46, mid-sized and smaller banks 48, and non-bank institutions 46, all flat. The index,

Korean retail investors responded with humorous social media memes as the KOSPI index fell over 10% across two consecutive trading days on the 7th and 8th. The KOSPI dropped 4.91% on the 7th to close at 7,656.31, followed by a 5.35% decline on the 8th to 7,246.79. The sharp declines triggered

According to its guidance, IngSilico Medicine expects H1 2026 net profit of $33.5–39.5 million, reversing a loss of $19.2 million in the same period last year. Revenue is projected at $103–107 million, up 2.73–2.87 times year-over-year, driven largely by increased income from licensing,

Over the past 24 hours, amid escalating U.S.-Iran military exchanges in the Strait of Hormuz, no U.S. military escort operations were conducted. In the past two days, arrivals of non-Iran-related ultra-large crude tankers have dropped to zero, reflecting continued disruptions to maritime traffic

South Korean government issued €1.7 billion in euro-denominated foreign exchange stabilization bonds on the 9th, marking the largest euro bond offering in the country's history. The dual-tranche issuance comprised €700 million in 3-year bonds and €1 billion in 7-year bonds, both achieving

DS Investment Securities raised its target price for Hyundai Motor stocks from 740,000 won to 840,000 won on July 9 morning, citing robotics business advancement. Hanwha Investment Securities maintained APR's target at 500,000 won while Mirae Asset Securities lowered OCI Holdings' target from 400,00