Global TradFi & Macroeconomics

The USD/JPY exchange rate declined 100 pips intraday, currently trading at 156.65.

According to HSBC, South Korea's Manufacturing Purchasing Managers' Index (PMI) rose to 53.1 in July from 52.1 in the previous month, indicating continued expansion in the manufacturing sector.

Japan's manufacturing PMI came in at 54.5 in July, down from both the forecast of 54.7 and the prior month's reading of 54.7, indicating a slight contraction in manufacturing activity amid potential economic

Vietnam's manufacturing PMI rose to 52.9 in July from 51.8 in the previous month, according to official data released on August 3.

According to Odaily, South Korea's KOSPI index fell 5% in morning trading on August 3, with semiconductor giants Samsung Electronics and SK Hynix each declining 8%.

According to Odaily, Stacks founder Muneeb Ali recommended a distributed Bitcoin storage strategy in response to the Coldcard security incident. Rather than holding all assets in a single solution, he advised users to combine ETFs, multi-signature schemes, and different hardware wallets to

According to Cointelegraph, since February 2026, Bitcoin's 3-month futures basis yield has remained persistently below the 2-year U.S. Treasury yield, marking the longest such period since the 2022-2023 market cycle

Westinghouse Electric filed a confidential draft S-1 registration statement with the US Securities and Exchange Commission on last month 31st to pursue an initial public offering. The comprehensive nuclear services company is returning to public markets 9 years after filing for bankruptcy

Capital Economics forecasts the artificial intelligence rally will resume despite recent corrections in major AI-related technology stocks. Chief Economist John Higgins stated on local time 2nd that the recent pullback in large-cap tech stocks was triggered by investor concerns rather than actual

According to Investing.com on August 2, Capital Economics' chief economist John Higgins maintained the S&P 500 year-end target of 8,250, implying approximately 10.15% upside from last week's close of 7,489.72. Higgins noted that recent corrections in AI-related mega-cap tech stocks were driven by in

Samsung Electro-Mechanics surged 8.23% in early trading on August 3, reaching 1,236,000 Korean won as of 9:03 a.m., up from 1,142,000 won at the previous trading session's close on July 31. The stock rallied significantly higher while competitors SK Hynix and Samsung Electronics declined over 5% on

According to ChainCatcher, Chanxin Memory's stock surged 523% in its first week of trading following its IPO on August 3. Analyst price targets show significant divergence, with the most bullish estimate at $1.1 trillion market value versus the most bearish at $160 billion over the next 12 months.

JPMorgan Chase advanced its forecast for the next Federal Reserve rate hike to December 2026, moving it up from the previously expected second half of 2027. The bank forecasted that policy rates would then remain in the 3.75%-4.0% range, while noting that a September hike poses a risk if inflation r

Eugene Investment & Securities analyst Heo Jae-hwan released a report on the 3rd stating that retail and institutional investors in the Korean stock market have average purchase prices at the KOSPI 7300 line and 7100 line respectively. The report estimates that over 125 trillion won in combined

According to its earnings announcement, Tai Hing Group (HK:06811) expects interim profit attributable to shareholders to reach 72–78 million HKD for the six months ended June 30, representing a 76–91% year-on-year increase from 40.81 million HKD in the same period of 2025. The group attributed the

The KOSPI market experienced backwardation last week as futures prices fell below spot prices amid rare sharp fluctuations. On July 30, the KOSPI 200 September futures basis turned negative at -4.89 points, marking the first reversal since early June, according to Yonhap Infomax basis tracking

South Korean retail investors purchased $4.64 billion in US stocks and $890 million in US bonds during July, according to Korea Securities Depository data released on August 3. The stock net purchases marked the largest monthly inflow in six months since January's $5 billion, while bond net purchase

According to The Block, the U.S. Securities and Exchange Commission has delayed its review of Nasdaq PHLX's cash-settled Bitcoin index options proposal following approval of a CME Group review request.

According to Bitget's market data, Japan's Nikkei 225 index opened lower by 659.27 points, down 1.02% to 63,702.75 points, while South Korea's KOSPI (South Korea's benchmark equity index) declined 217.22 points, down 3.29% to 6,378.23 points on August 3. Major chipmakers were hit harder, with SK

According to Yonhap Infomax, South Korea's KOSPI 200 September futures basis turned sharply negative on July 31, expanding to -16.16 points after reaching -4.89 points on July 30—the first time in approximately two months.