Global TradFi & Macroeconomics

According to overseas brokers, the USD/KRW NDF 1-month contract fell to 1,341.00 won on Sept 12, marking a decline of 4.60 won from the previous day's spot rate of 1,345.90 won. The drop came as U.S. core CPI for August rose 0.3% month-on-month, exceeding market expectations of 0.2%, according to th

According to Jim Chanos, the legendary short-seller who predicted Enron's collapse, AI data center operators face fundamental economic challenges. In recent social media posts, Chanos called the AI data center business "uneconomic," arguing that even if GPUs deployed in these facilities last a

The USD-KRW exchange rate closed at 1,344.10 won at 6am on September 12 in the foreign exchange market, down 1.80 won from the previous Seoul market close of 1,345.90 won. The exchange rate remained sticky above the 1,340 won level as US inflation data reinforced expectations of Federal Reserve

Backpack Securities launched a tokenized version of DraftKings stock on Solana, with the DKNG token recording $39 million in trading volume within three hours of going live. The token is fully backed 1:1 by actual DraftKings shares held in custody, and holders can redeem their tokens or transfer the

Cantor Fitzgerald raised its price target on BitMine Immersion Technologies to $63.60 from $30.60 on September 10, 2026, while maintaining an Overweight rating on the stock. The revision reflects the company's transformation from an immersion-cooling mining hardware provider to a firm holding

According to Platts, European beet sugar prices in northwestern Europe hit €550 per ton (approximately $638) on September 3, the highest level since late September 2025, rising nearly 40% since year-start. The surge reflects tightening supplies as deteriorating beet crop conditions constrain

According to CryptoBriefing, DraftKings' tokenized stock DKNG achieved $39 million in trading volume on Solana within three hours of launch. The DKNG token, issued through Backpack Securities, is fully backed 1:1 by actual DraftKings shares held in custody, and holders can redeem their tokens or tra

According to Cantor Fitzgerald, on September 10 the firm doubled BitMine Immersion Technologies' price target to $63.60 from $30.60, maintaining an Overweight rating. With BitMine shares trading near $24.20 at the time, the new target implies approximately 163% upside. Cantor's analysts expect the c

Oracle Corp. (ORCL) expanded its ongoing corporate restructuring on Friday, committing an additional $700 million to severance packages and employee layoffs, bringing the total budget for its 2026 Restructuring Plan to around $2.8 billion. The enterprise software giant has already absorbed

According to regulatory disclosure filed Friday, Oracle expanded its 2026 Restructuring Plan budget by $700 million to $2.8 billion, driven primarily by severance costs tied to aggressive artificial intelligence infrastructure spending. The company has already absorbed approximately $2.1 billion in

UniCredit Bank is exploring technology providers for digital asset infrastructure including crypto trading, custody, tokenized investment products, and stablecoin-based fixed-income securities. The Italian bank's

UniCredit Bank is exploring technology providers to support entry into digital assets, including crypto trading, custody, tokenized investment products, and stablecoin-based fixed-income securities, according to reporting from FinanceFeeds. The Italian bank's discussions remain at an early stage,

According to Goldman Sachs, the investment bank now expects the Federal Reserve to raise interest rates in September, shifting from its previous forecast of no change.

According to Reuters, Nvidia is in talks to invest up to $10 billion in Anthropic's initial public offering. The AI safety company is seeking to raise as much as $100 billion at a valuation of approximately $2

Bitcoin and Ethereum declined during the week ending September 11, pressured by rising oil prices and US Treasury yields that dampened investor appetite for risk assets. Bitcoin fell 3.90% to $76,568 as of the previous day, while Ethereum dropped 0.77% to $2,437, according to Xangle Research. The de

South Korean government bond futures showed mixed results in night trading on the 12th, with 3-year futures declining while 10-year futures advanced amid expectations that the US Federal Reserve will likely raise interest rates next week. The 3-year bond futures closed 3 ticks lower at 102.62

According to Junggle Research, Bitcoin fell 3.90% to $76,568 this week, while Ethereum declined 0.77% to $2,437, as rising oil prices and U.S. Treasury yields dampened risk asset sentiment. WTI crude surged above $100 per barrel amid prolonged U.S.-Iran tensions, while Brent crude also entered the $

US stock indices rose on Friday, with the S&P 500 ending 0.9% higher, the Nasdaq 100 gaining 0.9%, and the Dow Jones Industrial Average adding 1%. The gains came as oil prices calmed and the August consumer inflation print matched expectations at 0.4% month-over-month and 3.4% year-over-year.

On Friday (September 11), the S&P 500 rose 0.9%, while the Nasdaq 100 and Dow Jones Industrial Average gained 0.9% and 1% respectively, as investors shift focus to next week's Federal Reserve rate-setting meeting. According to the CME FedWatch tool, the probability of a 25-basis-point rate