Global TradFi & Macroeconomics

South Korean stock indices KOSPI and KOSDAQ exhibited divergent performance on the 17th following the U.S. Federal Reserve's hawkish Federal Open Market Committee (FOMC) decision. KOSPI closed down 0.04% at 6715.41 after surrendering intraday gains exceeding 1% due to heavy foreign selling, while KO

Samsung Electronics and SK Hynix correlation with KOSPI exceeded 0.9 in July, Korea Exchange data showed on the 18th. Samsung's correlation surpassed 0.9 from July 8, SK Hynix from July 31. On July 8, KOSPI dropped 5.35% after a prior 4.91% decline, with Samsung and SK Hynix falling 6.25% and 5.68%

The US Federal Reserve raised its benchmark interest rate by 0.25 percentage points on local time May 16, moving the target range from 3.50-3.75% to 3.75-4.00%, marking the first rate increase in 3 years 2 months since July 2023. The Fed cited persistent high inflation as the reason for the

Korean AI infrastructure stocks rose on May 17 as the US Federal Reserve raised interest rates for the first time in three years, with semiconductor backend and power generation equipment companies leading gains. GNC Energy, a domestic data center emergency generator manufacturer, surged 8% after US

According to recent reports, South Korean diagnostic company Genqurix suspended domestic operations of its GensWell BCT cancer diagnostics service on September 15 after the Korean Health Research Institute reclassified it as research-stage technology, ending its innovation medical technology

ARM Holdings, Generac Holdings, and Fluence Energy saw significant stock price movements on May 17 (local time) driven by developments in the AI data center sector. ARM Holdings surged 8.57% to close at $264.90 after CEO Rene Haas expressed growing confidence in the company's ability to meet

According to Wall Street analysts, U.S. technology stocks and the Philadelphia Semiconductor Index rose 3.14% today (September 17) following the Federal Reserve's interest rate increase. The Nasdaq significantly outperformed the Dow Jones, while Treasury

According to South Korea's Financial Supervisory Commission, foreign investors returned to net buying of domestic stocks in August, purchasing 344 billion won worth of listed shares—the first monthly net inflow in eight months. U.S. investors led the buying with 1.34 trillion won in net purchases, w

According to Korea Exchange data, South Korea's stock markets diverged sharply on September 17 following the U.S. Federal Reserve's hawkish FOMC decision. KOSDAQ rallied 0.76% to close at 822.18, marking its third consecutive day of gains, while KOSPI declined 0.04% to 6,715.41. The divergence was m

According to Korea Exchange data, Samsung Electronics and the KOSPI index have maintained a correlation coefficient exceeding 0.9 since July 8, while SK Hynix surpassed the same threshold from July 31. Samsung's correlation coefficient with KOSPI, previously ranging between 0.64–0.94 since 2020,

According to Investing.com, Thermo Fisher Scientific shares hit a 52-week high of $648.43 on September 16, closing up 1.1% and gaining 37.2% over the past three months. The company's market capitalization reached $239.8

According to E-Daily, ARM Holdings CEO Rene Haas expressed growing confidence in meeting demand for new data center chips on September 17 afternoon, as investors digested the company's ability to ramp up supply amid expanding AI data center investments. The semiconductor designer's stock

U.S. stock indices rallied Thursday as falling oil prices and declining Treasury yields eased inflation concerns a day after the Federal Reserve hiked interest rates. The S&P 500 gained 1.1%, the Nasdaq 100 rose 1.7%, and the Dow Jones Industrial Average added 0.6%. The benchmark 10-year Treasury y

Today (September 17), the SEC announced conditions for onchain trading of tokenized listed equities. Participants must be permissioned, smart contracts must be public and auditable, and trading must occur on a public, permissionless ledger. The framework is effective immediately and aims to

US Treasury yields declined on September 17, with the 10-year note falling 5.60 basis points to 4.9470% as of 3:00 PM Eastern time, moving away from the closely watched 5.0% level. The Bank of England announced a revised quantitative tightening plan that will eliminate market sales of long-dated

Frank Holmes, executive chairman of HIVE Digital Technologies, stated that Bitcoin could reach $100,000 by the end of 2026 following a 25% gain in August. Bitcoin has remained near $75,000 since the Fed raised rates 25 basis points on Sept. 16. Holmes attributes the potential upside to

According to Ivory Coast's mining minister Mamadou Sangafowa-Coulibaly, the state-owned Société Ivoirienne des Métaux Précieux (Simep) plans to launch a gold refinery in the first half of next year, processing up to 100 metric tons of gold annually. The refined gold will be sold with assistance

According to Frank Holmes, executive chairman of HIVE Digital Technologies, Bitcoin could reach $100,000 by the end of 2026, despite recent headwinds. Yesterday, September 16, the Federal Reserve raised interest rates by 25 basis points, and Bitcoin has remained pinned near $75,000. Holmes noted