Global TradFi & Macroeconomics

According to Edaily on September 6, South Korean asset management firms are preparing exchange-traded funds (ETFs) ahead of AI company Anthropic's expected initial public offering. NH Amundi is set to launch the 'HANARO US Agentic AI TOP2+' ETF this month, designed to track agentic AI companies

According to E-Daily on September 7, South Korea's financial authorities introduced a new policy allowing KOSDAQ-listed companies with market capitalizations below 2 billion won to transfer to KONEX without liquidation trading if they meet certain profitability and financial soundness

Bitcoin's correlation with gold surged to approximately +0.50 over the past 90 days, marking its highest level since the pandemic and a six-year high, according to analysis from Bitwise Asset Management and Bloomberg data highlighted by The Kobeissi Letter. This shift coincided with the U.S.

According to Kobeissi Letter citing Bitwise Asset Management and Bloomberg data, over the past 90 days, Bitcoin's correlation with gold surged to approximately +0.50, marking its highest level since the pandemic. During the same period, Bitcoin's correlation with the Nasdaq 100 declined to +0.30, th

According to Bloomberg, Apple's new flagship iPhone model for the 20th anniversary is proceeding as planned for launch in 2027. The device is expected to represent one of the most significant redesigns in recent iPhone history, featuring curved glass body and narrower screen

According to Morgan Stanley, Microsoft announced on September 6 a restructuring of its external reporting structure effective in fiscal 2027. The company will consolidate three historical operating segments—Productivity and Business Processes, Intelligent Cloud, and More Personal Computing—into

Korean food and beverage stocks rose 10.8% since July, outperforming the KOSPI index by 33 percentage points amid heightened market volatility, according to Shinhan Investment Securities analyst Cho Sang-hoon. The sector's defensive characteristics attracted investors as broader equity markets

According to Shinhan Investment & Securities analyst Jo Sang-hun, South Korean food and beverage stocks rose 10.8% since July, outperforming the KOSPI index by 33 percentage points. The sector has emerged as a defensive play amid recent market volatility. A stronger won and easing raw material

According to Electronic Times, Micron Technology plans to invest in doubling its high-bandwidth memory (HBM) production capacity by the end of 2026. The company aims to increase monthly HBM wafer output from approximately 40,000-50,000 wafers to around 100,000 wafers, positioning itself to compete w

FSS Governor Lee Chan-jin emphasized on September 4 that financial companies must recommend products suitable to consumers' investment preferences and transaction purposes, and fully explain fee levels and hidden costs, in relation to the Financial Supervisory Service's ongoing inspection of

According to South Korea's Financial Supervisory Service (FSS) on September 6, the agency launched on-site inspections of six major banks—KB Kookmin, Woori, NH Nonghyup, Shinhan, Hana, and SC First Bank—to examine their ETF trust sales practices and fee disclosure. The inspections focus on whether b

According to industry sources, on September 6, Nvidia agreed to acquire Hugging Face, a major open-source AI model-sharing platform, for $12.93 billion. Nvidia committed to maintaining Hugging Face as an open, independent platform following the acquisition, allowing all AI developers to freely

South Korea's KOSPI index fell 1.5% over the past week to 6687.21 as of Sept. 4, with the KOSDAQ sliding 2.97%, amid mounting geopolitical tensions and expectations for U.S. inflation data. West Texas Intermediate crude oil surged past $90 a barrel following escalating military tensions between the

Institutional investors held $183.5 million across U.S. spot XRP exchange-traded funds at the end of Q2, according to charts shared by Bloomberg Intelligence ETF analyst James Seyffart on Aug. 31. Goldman Sachs Group Inc. led disclosed holders with $87.45 million in ETF exposure representing

According to Bloomberg Intelligence analyst James Seyffart, Goldman Sachs led disclosed U.S. spot XRP ETF holders with $87.45 million in exposure at the end of the second quarter, representing approximately 84.05 million XRP. Jane Street Group ranked second with $16.64 million in exposure

According to Stanford economist Gary Shilling, U.S. consumer spending is showing critical warning signs amid rising energy and borrowing costs. Shilling warned that the likelihood of recession within the next 12 months stands at 60% to 70%, citing six key indicators of consumer distress. July

According to Richard Branson, Virgin Group's founder said on September 4 that the conflict with Iran is completely unnecessary and will only push up oil prices, increasing costs for airlines and consumers while driving inflation. Branson made the comments during an interview in the UK following

According to TankerTrackers, oil exports from multiple Middle East countries dropped sharply in August following the outbreak of the U.S.-Iran conflict. Iraq's crude exports fell 36% compared to pre-conflict levels, while Iran saw a steeper decline of 100%. Qatar and Saudi Arabia followed closely wi

According to TankerTrackers, Iraq's crude oil exports fell 36% in August compared with pre-conflict levels, making it one of the Middle East's most impacted oil producers. Iran saw the steepest decline at 100%, followed by Qatar and Saudi Arabia at 48% each. Kuwait's exports also dropped 36% in Aug