Global TradFi & Macroeconomics

According to Yonhap Infomax, South Korea's central bank released liquidity forecasts for August 6 showing a reserve deficit of 406.4 billion KRW (or 74.9 billion KRW cumulative surplus in reserve adjustment accounts). The previous day (August 5) saw an overnight call rate of 2.731% with trading

According to The Wall Street Journal, multiple investors reported on August 6 that their SpaceX shares held through special purpose vehicles (SPVs) managed by Late Stage Management disappeared following SpaceX's June 2026 IPO with a $17.7 trillion valuation. Investors were unable to

Tencent (HKEX: 700) stock has drawn market attention after the company announced on August 5, 2026, that Hunyuan Hy3 would become more widely available globally. The WorkBuddy platform is offering global users a free trial through August 31. Within one week of its release, API call volume exceeded 68 times that of the previous-generation model, and it topped OpenRouter's global LLM usage rankings. Tencent Hunyuan Hy3 Global Access Options and Free-Trial Period Hy3 provides global users, enterpri

Ark Invest purchased 273,343 shares of Circle Internet Group and 181,830 shares of SpaceX on Wednesday, valued at $17.3 million and approximately $20 million respectively. The purchases followed second-quarter financial results from both companies. Cathie Wood's investment firm distributed the Circl

Korean stocks in the retail, cooling appliance, and power equipment sectors experienced significant price movements as extreme heat drove investor interest in heat wave beneficiary stocks. BGF Retail rose 6.30% to 130,000 won and GS Retail climbed 6.05% to 26,300 won during morning trading, driven b

According to Edaily, during a severe heat wave in South Korea on August 5-6 with temperatures near 40°C, convenience store stocks surged as cold beverage and ice cream sales jumped. BGF Retail rose 6.30% to 130,000 won, while GS Retail gained 6.05% to 26,300 won. Cooling appliance makers also

According to Zhitong Finance, Luxecure Tech's Hong Kong IPO prospectus, submitted on February 6, 2026, expired on August 6, 2026, after reaching its six-month validity period. China Galaxy International served as the sole sponsor for the

According to Binance, the exchange will launch Coca-Cola Company (KO) USDT perpetual futures at 17:00 CST today (August 6), followed by Reddit (RDDT) USDT perpetual futures at 17:05 CST. Both contracts support up to 20x

South Korea's Ministry of Economy and Finance recently proposed changes to treasury stock taxation rules that would treat all stock transfers from shareholders to their own companies as deemed dividends, regardless of acquisition purpose. The proposal aims to close tax loopholes by applying

According to Guru Club, Shanghai nickel futures main contract plummeted to 129,320 yuan/ton on August 6, down nearly 2,000 points intraday after gains earlier in the day. The decline follows approval of an additional 25 million metric tons of nickel ore RKAB quota for Weda Bay Nickel, bringing the c

According to Reuters, Iran is pursuing a proposed agreement with Oman that would grant Iran control over vessels entering the Persian Gulf through the Strait of Hormuz on August 6. Iranian officials stated Iran seeks to charge ships using the strait fees equivalent to 5-7% of cargo value, while Oman

Iran's Foreign Ministry spokesperson confirmed that Iran and Oman have reached an agreement on navigation routes through the Strait of Hormuz, with the joint announcement now in its final stages pending no third-party interference. According to Axios, the US aimed for an agreement on Hormuz

According to Shanghai Steelunion, battery-grade lithium carbonate (MMLC) spot price was reported at 140,950 yuan per ton in early trading on August 6, unchanged from yesterday's 4:30pm close.

Danal shares have drawn market attention. On Aug. 5, the company said that transaction volume for Tencent’s WeChat Pay offline QR payments reached an all-time high in the first half of this year, increasing 62.7% from the same period last year. The growth was mainly driven by an increase in the number of Chinese tourists traveling to South Korea and rising spending at South Korean convenience stores. The year-over-year growth rate of WeChat QR usage among foreign students reached 81.5%, surpassi

According to ADP data released today, U.S. private sector employment increased by only 44,000 in July, down sharply from 95,000 in June, marking a significant slowdown in hiring. The ISM services PMI came in at 54.1 for July, slightly above June but below expectations, reflecting weakness in employm

According to OptionChain data, SpaceX (SPCX) put options with a $100 strike price expiring on Friday, August 7, spiked to 50,158 open contracts, marking one of the highest option positioning levels. The corresponding $100 call options stood at 4,655 contracts, resulting in a put-to-call ratio of 10.

According to Yonhapinfomax, on August 6, the dollar-won exchange rate fell to 1,422.80 won as of 9:19 a.m. Seoul time, down 1.70 won from the previous day's closing of 1,424.50 won. The decline was supported by dollar weakness and stabilizing oil prices, with WTI crude futures trading around $74

According to Bitget trading data, Hong Kong-listed AI stocks rallied on Aug 6, with MINIMAX-W surging over 15% following its inclusion in Shanghai and Shenzhen stock exchanges' Hong Kong Stock Connect, effective from Aug 6. Zhipu rose over 9%, while Shenghuo Technology and Cambridge Technology

According to JPMorgan Chase on August 6, tech stock multi-strategy hedgefunds posted losses exceeding 10% in July, based on preliminary data from Pivotal Path. The bank's strategists, including Nikolaos Panigirtzoglou, indicate that tech stock trading may be increasingly dependent on retail

According to Korea Exchange, Korean listed companies received 68 management item warning notices on August 5, signaling potential designation as managed stocks within five trading days if their situation does not