Global TradFi & Macroeconomics

According to FactSet data, S&P 500 component stocks are expected to achieve 47.4% year-over-year earnings growth in Q2, marking the strongest quarterly performance in five years based on disclosed earnings and analyst forecasts. Of 158 companies that have reported earnings, 123 exceeded revenue expe

According to Jin10, on August 3, offshore Chinese yuan Hong Kong Interbank Offered Rates (CNH HIBOR) rose across most major tenors. One-year HIBOR climbed to 1.70455%, marking its highest level since July 20. Overnight HIBOR jumped 16 basis points to 1.30000%, while one-week HIBOR rose to 1.40273% a

The stock of Strategy (NASDAQ: MSTR), the publicly traded company that holds the most Bitcoin globally, is in the spotlight. On August 3, multiple overseas media outlets, including CoinDesk and Forbes, cited statements by CEO Phong Le during the Q2 earnings call, reporting that Strategy has approved a Bitcoin sell plan of up to $5 billion. Bitcoin briefly fell below $62,498, hitting a new multi-week low. Bitcoin drops 3.1% after overseas media reports Multiple overseas media outlets, including C

South Korea's KOSPI index fell over 4% on August 3, retreating after recording its largest single-day gain in history the previous Friday as profit-taking pressure intensified. Meanwhile, the KOSDAQ index surged during the session and triggered the upper price limit (buy-side circuit breaker),

According to BlockBeats, Robinhood's Q2 prediction market revenue exceeded both cryptocurrency and stock trading revenue on August 3, driving total trading-related revenue to $776 million, up 44% year-over-year. Event contracts generated $156 million in revenue, while cryptocurrency trading revenue

Japan's 5-year government bond yield surged to an all-time high of 2.0640% on August 3, as markets bet on earlier rate hikes by the Bank of Japan (BOJ) following coordinated intervention by Tokyo and Washington in the currency market to support the yen. The 2-year yield, highly sensitive to BOJ

According to Yahoo Finance, on August 1, the Federal Reserve kept interest rates unchanged at 3.5%–3.75%, yet 30-year U.S. Treasury yields climbed 6 basis points to 5.27%, suggesting the bond market is handling monetary tightening that the Fed itself is delegating. Since Fed Chair Kevin Wash took

According to Goldman Sachs, the investment bank raised its 12-month price target for Samsung Electronics to 490,000 won from 480,000 won and lifted 2026-2028 earnings per share (EPS) estimates by approximately 2%. The bank expects memory demand to significantly outpace supply in 2027 and supply to

JD stock is drawing market attention. Costco (NASDAQ: COST) and JD jointly announced on Aug. 3 that they have officially deepened their strategic partnership, with JD becoming Costco’s only official e-commerce partner in China. Costco’s official flagship store entered JD in late May, and within two months, fans surpassed 220k and cumulative visits reached 30 million. Key partnership metrics: Costco flagship store enters JD in late May According to data disclosed by JD’s “Jingdong Blackboard,” he

According to Guru Club, on August 3, SHIBOR rates showed mixed movements. Overnight SHIBOR rose 0.3 basis points to 1.4130%, while 7-day SHIBOR fell 2.2 basis points to 1.4310%. The 3-month SHIBOR remained flat at 1.4300%.

According to News1 and Korea Exchange data, foreign investors net-sold 103.2 trillion Korean won on the Kospi over May to July, while individuals net-bought 82.9 trillion won and institutions bought 18.3 trillion won. However, individuals' buying momentum sharply deteriorated in late July,

Apple (NASDAQ: AAPL) shares fell after reporting results for FY2026’s third fiscal quarter (as of June 27, 2026), mainly because revenue from the Services segment and the China market came in below market expectations. Total revenue was $109.42 billion, up 16% year over year, beating the market expectation of $108.65 billion. Q4 FY2026 guidance: revenue growth of 9%–11% year over year, with iPhone growth of about 15%. Apple Q3 FY2026 Overall Performance: Revenue $109.4 Billion, Up 16% YoY Apple’

Samsung Heavy Industries secured a 2,680 billion won contract for two crude oil carriers from a European shipowner, the company disclosed on the 3rd, with delivery scheduled by August 2029. The contract enabled Samsung Heavy Industries to achieve its commercial ship order target for the year ahead o

According to Odaily, Changxin Technology shares turned positive during today's trading session, rising to 55.17 yuan. The stock had earlier experienced a decline that widened to 5%.

According to Robin Brooks, a former forex analyst at Goldman Sachs, the US-Japan currency intervention announced on August 2 will have limited effectiveness in reversing the yen's weakness. Brooks wrote on his blog that while the intervention may temporarily stabilize the currency, it fails to

According to Yonhapinfomax, Samsung Heavy Industries [010140] secured two oil tankers from a European shipowner for 268 billion Korean won (approximately $20.6 million) on August 3, with delivery scheduled by August 2029. The order brings Samsung's accumulated commercial shipbuilding contracts to 5

According to Korea Exchange, KOSDAQ's market capitalization dropped by 275 trillion won (approximately $212 billion USD) in roughly two months following the launch of single-stock leverage exchange-traded funds (ETFs). The index fell to approximately half its previous level as of July 30, driven by

According to South Korea's Exchange (KRX), the National Pension Fund net purchased 990.5 billion won in equities during July, contrary to market concerns about massive rebalancing-driven selloffs. The fund, which had previously faced pressure to rebalance amid year-to-date Kospi gains, instead