Global TradFi & Macroeconomics

Silver prices broke through $53 per ounce on August 2, with intraday gains of 1%.

The Korean stock market is drawing attention in August following a severe decline in the previous month, with securities analysts expressing rebound expectations amid supply stabilization. KOSPI fell 22.19% over the one-month period, closing at 6595.45 on the 31st after opening at 8476.48 on the 1st

Over the past three months, Japan reduced its U.S. Treasury holdings by $96 billion, bringing total holdings to $1.14 trillion, the lowest level since April 2025, according to market sources.

According to Executive Chairman Michael Saylor, on Saturday Strategy maintained its preferred STRC dividend at 12% for August despite the shares closing at $89.46 on Friday, significantly below the $100 par value. The 5.42% monthly price increase still leaves STRC investors with holdings valued

According to Youanalyze, U.S. stock markets face two critical tests this week. Over 25% of S&P 500 companies will report second-quarter earnings, while the July non-farm payroll report due August 7 is expected to significantly influence investor expectations on a potential Fed rate hike in

According to Odaily, Stacks co-founder Muneeb shared lessons from the Coldcard wallet security incident, recommending a diversified bitcoin storage strategy: 20-30% in Bitcoin ETFs for professional custody and regulatory protection; 40-50% in multi-signature solutions like three-key setups with

According to The Fact, Gudai Global is preparing to file for IPO preliminary examination in the third quarter, with pre-IPO valuation of 4.4 trillion won potentially reaching up to 10 trillion won. Through M&A activities, the company's consolidated revenue increased nearly four-fold in the past year; however, 59.3% of total assets are intangible assets, raising questions about asset quality ahead of the IPO process.

According to Glassnode on August 2, Bitcoin futures basis yields have remained below 2-year U.S. Treasury yields since February. The analytics firm noted this mirrors a historical precedent: from August 2022 to January 2023, a similar extended period ultimately marked a cycle

According to Odaily, MicroStrategy CEO Michael Saylor disclosed on August 2 that the company holds 843,775 BTC with a market value of approximately $53.25 billion. The holdings have an average acquisition cost of $75,653 per BTC. MicroStrategy's official ledger shows the company has completed 116 di

According to PANews, Morgan Stanley China chief economist Xing Ziqiang outlined his latest views on August 2. Xing stated that recent AI sector volatility stems from crowded positioning, large tech company capital reallocation, and rising oil prices raising rate hike expectations—not from

The Korea Exchange plans to introduce a direct listing pathway to KOSDAQ's top-tier 'Select League' starting next year, aiming to attract high-value companies and narrow the persistent IPO size gap with the KOSPI market. The initiative targets companies with multi-trillion won valuations that

According to the Korea Exchange, South Korea's KOSDAQ market will introduce a direct listing option to its top SELECT tier starting next year, aiming to narrow the significant IPO valuation gap with the main KOSPI exchange. KOSDAQ's average initial public offering size has remained around 20

Elon Musk crossed $1 trillion in net worth on June 12, 2026, the day SpaceX completed its IPO at $135 per share and reached a valuation above $2 trillion on its first day of trading. The milestone lasted 49 days. By July 31, SpaceX shares had corrected sharply below their IPO price,

According to Bloomberg's Billionaires Index, Elon Musk became the first individual in history to cross a net worth of $1 trillion on June 12, 2026, following SpaceX's completion of the largest IPO in history at $135 per share, valuing the company above $2 trillion on its first trading day. The

Foreign outlets warned NVIDIA CEO Jensen Huang's interventions increase investor anxiety rather than confidence. The Economist published a column on May 29 stating that Huang's actions resemble a central bank intervening in markets, and that investors grow more nervous with each intervention. The

According to The Economist on July 29, Nvidia CEO Jensen Huang's increased market involvement raises investor anxiety, with South Korea's stock market facing potential bubble risks. The British publication noted that while the government previously encouraged stock investments following last year's

Three major Korean shipbuilders experienced a 35% market cap decline from 146 trillion won on May 24 to 95 trillion won on July 31. SK Securities analyst Han Seung-han issued an 'overweight' recommendation, stating operating profits and order competitiveness remain strong. The

According to the financial investment sector, South Korea's three major shipbuilders—Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries—saw their combined market capitalization fall from 146 trillion Korean won on May 24 to 95 trillion won on July 31, a 35% decline over two

According to foreign media reports, increased intervention by NVIDIA CEO Jensen Huang in market activities is generating more investor anxiety rather than confidence. Foreign observers noted on July 24 that such interventions mirror central bank market involvement, creating uncertainty among investo

According to Jin10, next week (August 3-9) will bring multiple key economic data releases. Monday will see China's July manufacturing PMI and the U.S. July ISM manufacturing PMI; Tuesday features the U.S. June trade balance and JOLTS job openings; Wednesday brings the U.S. ADP employment change and