Global TradFi & Macroeconomics

According to Citi, the brokerage upgraded SK Hynix (000660.KS) target price to 3.1 million won from 1.7 million won on May 12, citing strong memory pricing trends and better-than-expected HBM (high bandwidth memory) growth in the second half of 2026. Citi expects SK Hynix to benefit from a 30%

According to HSBC Global Research, SK Hynix's price target was raised from 1.8 million won to 2.9 million won today (May 12). The revision represents a 61% increase from the previous target.

Peru has issued an emergency energy decree following a liquidity crisis at the state-owned oil company, according to data from the U.S. Geological Survey and World Silver Association. The country holds 21.8% of global silver reserves and accounts for approximately 14% of global silver production,

According to Mexico's state oil company Pemex, a cooling tower fire at the Salina Cruz Refinery's hydroelectric unit 2 has been brought under control. Six people were injured in the incident and have been hospitalized at local medical facilities. Pemex stated that the situation is under control and

Iran War Triggers Historic Oil Shortage Shell CEO Wael Sawan warned on May 11, 2026, during the company's first-quarter earnings call that the global oil market is short almost 1 billion barrels of crude due to months of disruption triggered by the Iran war. According to Sawan, the oil had

Major macroeconomic events will unfold this week, including a US-China summit on May 14 (Korea time) and the end of Federal Reserve Chair Jerome Powell's term on May 16, according to the source article. Both developments are expected to significantly influence global markets. US-China Summit: May

AI chip company Cerebras Systems (CBRS) IPO heat is rising. Not only has it drawn market attention to this wafer-scale AI chip company challenging NVIDIA, but some investors have also begun looking for “Cerebras theme stocks” and upstream supply-chain beneficiaries. Investment KOL Joe said on X recently that he believes Vicor (VICR) could play a similar role, becoming an indirect bet on Cerebras growth. Joe: From AAOI bets on Anthropic to using VICR to bet on Cerebras Cerebras has recently been

According to Titan Company's CFO Ashok Santha, on May 12, the company warned of potential temporary demand slowdown if India's government restricts gold purchases. However, Santha stated that gold supply should remain stable for the next 3-4 months, and local demand will maintain resilience in the l

According to Golden Ten, China's stock indices declined in afternoon trading on May 12. The Shenzhen Composite fell over 1%, the Shanghai Composite dropped 0.4%, and the ChiNext Index decreased 0.5%.

Japan's leading economic index came in at 114.5 in March, matching the forecast of 114.5 and rising from the previous month's 113.3, according to preliminary data.

Japan's leading indicator for March came in at 1.3% month-on-month, matching the previous month's reading of 1.3%.

According to Reuters, SoftBank Group is expected to report first-quarter net profit of 236 billion yen ($1.5 billion) on May 13, with gains from its OpenAI stake driving results. TD Cowen estimated SoftBank's 11% stake in OpenAI was worth $80 billion at the end of March, after the ChatGPT maker's

According to HSBC Research, the bank raised its 2026 S&P 500 year-end target to 7,650 from 7,500 on May 12, citing robust earnings recovery and strength in technology stocks. HSBC increased its 2026 earnings-per-share forecast by 8% to $325, now projecting 20% EPS growth for the year, with tech and

According to Farside Investors, U.S. spot Bitcoin ETFs saw net inflows of $27.2 million yesterday (May 11), with Morgan Stanley's MSBT accounting for $26.3 million of inflows. IBIT and FBTC recorded outflows of $7.4 million and $3.6 million, respectively. Ethereum ETFs posted net outflows of $17 mi

According to Barchart, the Buffett Indicator—the ratio of U.S. stock market capitalization to GDP—broke through 230% for the first time in May, reaching a record high.

According to Financial Times, major oil producers including ExxonMobil, Shell, and Repsol bid a record $163 million in March for leases in Alaska's National Petroleum Reserve. The bidding reflects increased interest from global energy companies in Arctic exploration. According to the U.S.

A banking group led by JPMorgan will, on May 8, cut the revolving credit facility of KKR’s private credit fund FS KKR Capital Corp. (NYSE: FSK) from $4.7 billion to $4.05 billion, a reduction of $648 million (about 14%), while raising the interest rate on the remaining facility. According to CNBC, FSK is responding to the crisis, with KKR injecting $150 million and launching a $150 million stock repurchase offer. FSK Q1 earnings: Net asset value per share fell 9.9% in the quarter; non-accrual lo

According to Financial Times, hedge funds have surged into agricultural commodity markets for biofuel production following energy market volatility triggered by the Iran conflict. Net positions in soybean oil, used for biodiesel production, have nearly tripled since the outbreak of the Middle East c

UBS maintains its year-end forecast for gold at $5,600 per ounce and silver at $100 per ounce. The bank cited compressed real interest rates—driven by rising inflation and the Federal Reserve holding rates steady—as a key support factor for precious metals. UBS noted that despite gold price