Global TradFi & Macroeconomics

Morgan Stanley forecasts the Federal Reserve will raise interest rates twice more — in December and March 2027 — bringing the federal funds rate target range to 4.25-4.50%. The investment bank bases this projection on its assessment that current monetary policy remains insufficiently restrictive

Korean banks issued bonds aggressively on the 18th, with Woori Bank confirming 850 billion won in 9-month discount bonds at 3.98%, while KB Bank and Shinhan Bank issued 360 billion won and 410 billion won at 4.23% and 4.32% respectively. The issuance rush stems from deposit maturities at Samsung

Japanese stocks showed mixed performance on September 18, with the Nikkei 225 index rising 0.93% while the Topix index declined 0.23% as of 9:27 AM. The divergent performance came as US stock markets rallied overnight following the Federal Reserve's interest rate hike and Chair Kevin Warsh's

According to UBS Asset Management, on September 17, the asset manager forecasted the U.S. Federal Reserve will likely raise rates again in December, followed by a pause through next year. UBS noted that current bond yield levels appear excessive and maintained its view that bond markets remain

According to industry sources, South Korean banks issued bonds competitively on September 18, with yields significantly above market benchmarks. Woori Bank issued 850 billion won of nine-month discount bonds at 3.98%, approximately 9 basis points above the prevailing market rate. KB Bank and

According to Yonhap Infomax, Japan's Nikkei 225 index rose 596.39 points (0.93%) to 64,732.64 as of 9:27 a.m. on September 18, while the TOPIX declined 9.31 points (0.23%) to 4,084.88. The gains were driven by strength in U.S. equity markets overnight, which recovered investor sentiment following th

According to Morgan Stanley's Andrew Sheets, on September 17, the Federal Reserve will likely raise rates by 25 basis points in both December 2026 and March 2027, bringing the federal funds rate target range to 4.25%-4.50%, and then hold rates at

The Reserve Bank of India launched a Foreign Currency Non-Resident (Bank) deposit facility on June 5, 2026, eliminating hedging costs to attract foreign-currency deposits from the Indian diaspora estimated at 35 to 37 million people worldwide. By early September 2026, the campaign had pulled in a re

According to Jin10 Futures, China's asphalt prices averaged 5,938.57 yuan per metric ton this week (September 18), rising 573.14 yuan per ton or 10.68% week-on-week. The increase was driven by elevated crude oil costs following the attack on Saudi Arabia's east-west pipeline and tight supply, as

According to Jin10 Futures, as of 10:40 AM on September 18, the following commodity options showed significant gains: Coking Coal 2611 Put 1300 surged 183.75% to 22.7 yuan/ton, and Coking Coal 2611 Put 1400 climbed 148.86% to 54.5 yuan/ton. Shanghai Lead 2610 Call 16400 gained 131.58% to 88.0 yuan/t

The Reserve Bank of India launched a targeted campaign in June 2026 to attract foreign-currency deposits from its diaspora, pulling in a record $127 billion in FCNR(B) deposits by early September 2026. The central bank removed hedging costs on these accounts, enabling banks to offer interest rates o

South Korean government bond markets experienced sharp curve flattening on the previous trading day, with the 30-year benchmark yield dropping 7.8 basis points while shorter-tenor yields declined more modestly. The movement triggered stop-loss selling among domestic institutions as positions built o

According to Shanghai United Metal Association, battery-grade lithium carbonate (MMLC) mid-price hit 131,100 yuan/ton today (September 18), up 600 yuan/ton from yesterday's 16:30 close.

SpaceX stock was reported at approximately $152 on September 17, with a marketcap nearing $2 trillion. The company plans to conduct Starship's 14th test flight as early as September 22; this will be Starship's first revenue-generating cargo mission, targeting the deployment of 26 next-generation V3 Starlink satellites. Unlike previous test flights, SpaceX will not attempt to recover the booster or spacecraft. Starship's 14th Test Flight Mission Details: V3 Satellite Deployment, No Booster Recove

Spot palladium broke above $1,300 per ounce today, rising 1.85% intraday.

Power generator manufacturer Generac (NYSE: GNRC) stock closed up 18.34% on September 17, 2026, at $207.23, after reaching an intraday high of $231.89. The direct reason for the surge was Generac’s signing of a long-term supply agreement with Amazon, under which Amazon will purchase up to $8 billion worth of Generac backup generators for its AI data centers. Terms of the Amazon Supply Agreement: $8 Billion Long-Term Contract and $2.4 Billion in Initial Deliveries Under the long-term supply agree

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