Global TradFi & Macroeconomics

According to Shinhan Investment & Securities analysts Kim Chan-hee and Ko Da-young, South Korea's central bank is expected to raise its base rate by 25 basis points to 3.00% at the monetary policy meeting scheduled for August 27. The analysts anticipate that the dot plot midpoint will be

Leveraged funds increased their short positions against the Japanese yen as of May 18, according to data released by the U.S. Commodity Futures Trading Commission (CFTC) on May 21. The net short position expanded after briefly contracting following Japanese authorities' forex market intervention. Th

Hanwha Life Insurance, South Korea's second-largest life insurer, reported a Q2 2024 standalone net profit of 262.4 billion won on Aug 12, exceeding market consensus by over 60%. The company's stock price rose 17.23% in one week, climbing from 4,700 won on Aug 13 to 5,510 won on Aug 20. The

According to Hanwha Life's earnings report on August 12, the company's Q2 standalone net profit reached 262.4 billion won, surging 354.6% year-over-year and exceeding market consensus by over 60%. New contract CSM (Contract Service Margin) hit 1.3 trillion won in the first half, marking the

According to Guru Club, spot gold rose to its highest level since mid-May on August 22, gaining 1.89% to $4,604.53 per ounce. Weekly gains exceeded 5%, while spot silver climbed 1.32% to $68.97 per ounce.

According to Barron's, DZ Bank analyst Markus Leistner initiated coverage of SpaceX on Friday, August 21, assigning a sell rating with a 100 USD price target, implying a potential 25% downside from the stock's recent trading levels. The move contrasts sharply with Wall Street consensus: 75% of analy

The Dow Jones Industrial Average rose 517.80 points (0.98%) to 53,277.01 on Aug 21, rebounding from recent market declines. Bargain-hunting inflows and strong U.S. services sector expansion boosted investor sentiment, offsetting continued gains in long-term Treasury

According to Bloomberg, Boeing faces a potential strike as early as October 7 after the company and union failed to schedule further negotiations. Vice President Ben Nimmergut stated the company had submitted "a strong contract proposal" aimed at keeping employees "at the top of the market" in pay a

The US dollar declined slightly in trading on August 21, closing at 159.003 yen against the Japanese yen at 4 PM Eastern Time, down 0.115 yen (0.072%) from the prior New York close of 159.118 yen, while the Dollar Index (DXY) fell 0.052 points (0.053%) to 98.832. The decline occurred despite

According to Bitcoin News on X, VanEck predicts that Bitcoin will reach $500,000 by 2029. The asset management firm made the projection as part of its long-term price forecast for the leading cryptocurrency.

According to Yonhapinfomax, on August 21 (4 p.m. ET), the U.S. dollar weakened amid concerns over the Treasury Department's expanded buyback program. The dollar-yen rate declined to 159.003 yen from 159.118 yen the previous day, while the U.S. Dollar Index fell 0.052 points to 98.832. Capital

Foreign investors net sold 171.1 billion won in the Korean KOSPI market on the previous trading day. However, they concentrated purchases in Samsung Electronics (439.4 billion won) and SK Hynix (14.4 billion won) as the index closed at 6912.95. The selective buying follows SK Hynix's 40 trillion won

Samsung Electronics and SK Hynix experienced extreme daily volatility from July 21 to August 21, with SK Hynix moving 5% or more on 12 out of 23 trading days, according to Korea Exchange data. The volatility stems from leveraged ETF rebalancing and concentrated positioning, as both stocks account

According to Korea Exchange data, on August 22, foreign investors purchased Samsung Electronics for 439.4 billion won and SK Hynix for 14.4 billion won, despite selling net 171.1 billion won in the broader KOSPI market. The buying pattern reflects growing foreign interest in semiconductor stocks, fo

According to Korean Exchange data released August 22, SK Hynix swung more than 5% on 12 of 23 trading days in the past month (July 21 - August 21), with a maximum single-day swing of 29.95% up or 14.65% down. Samsung Electronics moved 5%+ on 10 trading days, reaching 26.81% gain and 13.39% loss

Strategy shares climbed to their highest level in two months on Friday as bitcoin briefly traded as high as $79,400. MSTR gained 7.5% to trade above $120 in early trading, driven by the cryptocurrency's recovery. The rally occurred despite Strategy not purchasing bitcoin in roughly two months,

MicroStrategy shares gained 7.5% to trade above $120 on Friday as Bitcoin rebounded to briefly trade as high as $79,400, marking the stock's highest level in two months. The rally also boosted the company's Variable Rate Series A Preferred Stock (STRC), which traded above $96 for the first time

Korean defense stocks plunged on the previous day, with LIG Defense & Aerospace falling 11.69% and Hanwha Aerospace dropping 7.03%, as profit-taking intensified following a recent rebound. The sharp selloff came after defense stocks had quickly recovered from a broader market decline earlier in

According to sources familiar with the matter, artificial intelligence company Anthropic plans to add Citigroup as a lead underwriter for its initial public offering. If confirmed, Citi would join Morgan Stanley, Goldman Sachs, and JPMorgan as core underwriters. Anthropic could submit its IPO