Global TradFi & Macroeconomics

According to Daiwa Securities economist Kento Minami, Japan faces rising risks of prolonged inflation as oil prices surge and companies pass cost increases to consumers. Minami noted that crude oil prices have jumped significantly and may take three to eight months to flow through to electricity cos

According to Jin10, liquefied petroleum gas prices declined from elevated levels on September 18, as rising heating demand supports the market. Market participants are shifting focus toward October-to-November shipments as cooler weather approaches, maintaining near-term demand. Analysts note that i

Deutsche Bank (Germany’s largest bank) announced on September 16 that it plans to launch digital asset custody services in 2026, primarily targeting European corporate and institutional clients. The launch remains subject to completion of the relevant regulatory procedures. The initially supported assets will include Bitcoin, Ether, and stablecoins and electronic money tokens such as USDC, EURC, and EURAU. Tokenized financial products have also been included in its future product roadmap. Initia

Citi forecast on the 18th that South Korea's semiconductor-led growth will last longer than expected, projecting real gross domestic product (GDP) growth above 3% through 2028. Kim Jin-wook, Citi economist, stated in a report that the semiconductor boom will lift 2026 real GDP by 3.2 percentage

According to Jin10, preliminary shipping data released on Friday showed that four commodity tankers transited through the Strait of Hormuz on Thursday, down from six vessels on Wednesday and below the 10-day average of approximately 16 ships. The figures may be subject to revision as some vessels ty

According to Citi economist Kim Jin-wook on September 18, South Korea's real GDP growth is forecast to exceed 3% annually through 2028, supported by sustained semiconductor sector strength. Citi projects real GDP growth rates of 3.7% for 2026, 3.1% for 2027, and 3.0% for 2028, higher than the Bank o

According to Jin10, Shanghai gold traded at 938.59 yuan per gram on Friday morning, September 18, holding a 2.03 yuan premium over the international gold price of 936.56 yuan per gram.

Reuters reported on Sept. 16, citing two people familiar with the matter, that the Malaysian government had asked Malaysia Airlines and Batik Air whether they could absorb AirAsia’s domestic market share as part of scenario planning while authorities monitored AirAsia’s financial condition. After the news was disclosed, AirAsia shares fell as much as 21.09% to 50.5 sen on Thursday, their lowest level since December 2022. AirAsia Shares Plummet 21% on Thursday: Market Reaction to Scenario Plannin

Chip stocks rallied Thursday as Intel CEO Lip-Bu Tan highlighted severe semiconductor supply constraints and SK Hynix confirmed exploratory talks with Intel to manufacture memory chips in the U.S. The rally came as Tan stated Intel can currently meet only about half of customer CPU demand and

According to Jin10 Futures, the CFETS-NEX market-wide sentiment index on Chinese yuan liquidity fell to 51 as of 10:15 on September 18, down 1 point from 08:45. By institution type, large banks reported 50 (down 1), mid-sized banks 52 (down 1), and non-bank institutions 50 (down 1). The index

Chip stocks surged Thursday on September 18, with the iShares Semiconductor ETF (SOXX) rising 3.4%, Intel gaining 7.7%, and ARM advancing 8.6%, as Intel's CEO revealed the company can only meet approximately 50% of current customer CPU demand, signaling severe supply constraints. SK Hynix's

According to Yonhapinfomax, on September 18, the USD/KRW spot rate in Seoul's foreign exchange market traded at +0.05 won as of 9 a.m., according to multiple brokers. NDF fixing positions held neutral ahead of market

Advanced Micro Devices (AMD) stocks closed at $545.09 on the 17th in New York trading, up 6.36% from the previous day, following news that cloud provider Nebius announced upcoming price increases for chip rentals. Nebius notified customers that rental rates would rise 17-21% for NVIDIA GPUs, 25% for

According to an official statement at a State Council Information Office press conference today, Vice Minister of Housing and Urban-Rural Development Chen Shaowang announced that China's real estate sector has entered a stock market era (the phase characterized by existing housing inventory rather t

According to Morningstar, Tesla (TSLA) traded 19% below fair value on Sept. 17, with shares rising 2% to $366.20. Morningstar rates the stock a buy despite citing "Very High Uncertainty" around emerging businesses, while Wolfe Research maintained its "peer perform" rating, citing AI and autonomy

According to the Nikkei, the Bank of Japan (BOJ) is expected to decide at its September 18 monetary policy meeting to raise the unsecured overnight call rate (policy rate) by 25 bps, from the current 1.00% to 1.25%. If approved, 1.25% would be the highest policy rate in 31 years, since 1995. Financial markets, including equities, are closely watching the outcome of the meeting and Governor Kazuo Ueda’s subsequent press conference. Expected Decision: Unsecured Overnight Call Rate to Rise to 1.25%

Analysts at major investment banks have recently appeared frequently in the media expressing concerns about Apple stock, citing the fact that the iPhone 18 Pro is selling out more slowly than previous-generation models. According to Apple Insider, however, these concerns are unfounded because the structure of the iPhone lineup in 2026 has undergone fundamental changes. This year, Apple launched the iPhone 18 Pro and iPhone Duo simultaneously. The iPhone X Precedent: How Analysts Misjudged iPhone

According to Yonhap Infomax, the Bank of England announced on September 17 a major restructuring of its quantitative tightening program. Of its GBP 490 billion gilt holdings, BOE will retain GBP 120 billion as collateral, allow GBP 222 billion to mature passively by 2035, and shift GBP 146 billion m

According to RBA Governor Michele Bullock on Friday (September 18), Australian businesses are beginning to express concerns that high inflation will not return to below 3%, raising worries about inflation expectation adjustments. Speaking to a parliamentary committee, Bullock said businesses are

According to Glassnode, listed companies accumulated only 5,900 Bitcoin over the past three months, a sharp decline compared to 89,000 BTC added in July 2025. The spot price remains slightly below the $80,500 average cost basis, leaving corporate buyers with modest unrealized losses and limiting