Global TradFi & Macroeconomics

According to Jin10 Data, the People's Bank of China conducted 159 billion yuan in net liquidity injection today (September 17) through reverse repo operations, including 162 billion yuan in 7-day repos and 600 billion yuan in overnight repos, offset by 30 billion yuan and 600 billion yuan in

According to the People's Bank of China, on September 17, the central bank conducted 162 billion yuan in 7-day reverse repo operations via fixed-rate tender and 600 billion yuan in overnight reverse repos. The 7-day operations fully met the demand from primary

According to Jim Bianco, CEO of Bianco Research, on September 16, the Federal Reserve "finally listened to market signals" with its September FOMC decision. Bianco stated that markets have warned for two years that the Fed's policy was misguided. He noted that long-term interest rates rising after t

According to Jin10, China released the Green Trade Development Report (2026) today (September 17). The report shows that China's green trade imports and exports reached $802.25 billion in 2025, accounting for 14.68% of global green trade, the largest share worldwide. Energy-efficient and

UniCredit is evaluating the expansion of its digital asset business, with six categories of services covering custody, brokerage, tokenized investments and fixed income, Stablecoins, and Cryptocurrency exposure, among others, but has not yet decided on its technology partners or when to open access to retail customers. Existing professional clients can access Bitcoin Spot exposure and futures, as well as ETPs/ETNs/ETCs, through structured products and UniCredit Brokerage. Several European banks are advancing their digital asset initiatives, with MiCA providing the regulatory framework.

Kakao held an online meeting for minority shareholders on the 16th to share its corporate spin-off plan and shareholder return policy, the company announced on the 17th. The meeting addressed the spin-off announced on the 21st of last month, which will divide the KakaoTalk division into Kakao AI and

The Chinese yuan's midpoint exchange rate against the U.S. dollar strengthened yesterday by 48 basis points to 6.7580, marking its highest level since February 3, 2023.

According to Yonhap InfoMax, Kakao held an online meeting with minority shareholders on September 16 to outline its planned spinoff and shareholder return strategy. The company will split its KakaoTalk business unit into KakaoAI, with remaining operations forming KakaoX. KakaoAI aims to achieve ann

According to Jin10, on September 15, Bank of China's Hainan branch successfully launched the multi-currency cross-border centralized fund management service for multinational enterprises, guided by the State Administration of Foreign Exchange (SAFE) Hainan branch. The service was provided to

Sept. 17: Bitcoin traded weakly at $76,250. The FED voted unanimously, 12–0, to raise the federal funds rate by one quarter-point (25 bps), from 3.50%–3.75% to 3.75%–4.00%, marking the first rate hike since July 2023. The dot plot showed a median year-end 2026 rate forecast of 4.1%, implying that there could be one more rate hike this year. FOMC Rate Hike Decision: Federal Funds Rate Raised to 3.75%–4.00% All 12 voting members of the FED voted unanimously, 12–0, at the September 16, 2026, meetin

According to BlockBeats, on September 17, U.S. AI chip and optical communications stocks rose broadly following the Federal Reserve rate hike decision, with semiconductor storage stocks showing mixed performance, according to Bit.com market data. AI chip leaders gained ground: Nvidia (NVDA)

The Bank of Korea raised its benchmark interest rate consecutively in July and August, tightening liquidity, while the government announced an 820.9 trillion won budget proposal for next year in September, marking a significant spending increase. Bank of Korea Governor Shin Hyun-song defended the

New York gold futures rose 1.00% to $4,345.70 per ounce during intraday trading on September 17.

According to the U.S. Treasury Department's TIC data released on September 17, foreign investors' holdings of U.S. Treasury securities declined to $9.25 trillion as of end-July, down $50.4 billion from June and marking the lowest level since October 2025. Japan reduced holdings by $12.8 billion to

According to Guru Club, spot silver rose over 1% intraday on September 17, trading at $63.60 per ounce.

According to Shanghai Gold Exchange, on September 17 morning, gold T+D fell 0.53% to 926.98 yuan/gram, while silver T+D declined 1.15% to 15,450 yuan/kilogram.

According to Swift data, China's yuan accounted for 3.26% of global payments in August, rising 0.16 percentage points from the previous month's 3.1%.

In early trading on September 17, SC crude oil futures fell over 5%, leading declines across China's commodity markets, according to real-time exchange data. Fuel oil declined over 4%, while LPG (liquefied petroleum gas) and styrene (EB) fell around 2%. On the upside, rapeseed meal futures rose

Fed Chair Kevin Waller did not submit his own dot plot projection at the latest FOMC meeting on September 17, continuing his practice of withholding individual forecasts while providing a reaction function framework for policy decisions. The dot plot median showed a 4.1% year-end policy rate project

The USD-KRW exchange rate completed a 5-trading-day consecutive rise through May 16, climbing from 1,336.10 won on May 9 to 1,368.60 won, marking the first such streak since the May 8-15 period. The 2.6% weekly depreciation of the Korean won against the US dollar—the largest among G10 and emerging m