Global TradFi & Macroeconomics

Wells Fargo downgraded Netflix's stock rating from neutral to sell in pre-market trading on September 18, lowering its price target from $80 to $57. Netflix shares fell over 3% in early trading following the analyst downgrade.

The Federal Reserve launched a quarter-point interest rate increase Wednesday, with Chairman Kevin Warsh justifying the move by stating that inflation is too high and has been for too long. The S&P 500 declined 0.5% Wednesday following the announcement. This rate hike marks the beginning of what

According to the Reserve Bank of India, India's gold reserves totaled $112.3 billion as of September 11, declining from $113.82 billion the previous week.

Alphabet (GOOGL) received a price target upgrade to $485 from Tigress Financial Partners on local time 18th. The upgrade follows Q2 earnings confirming growth across Search, Cloud, and YouTube segments. Tigress Financial stated AI investments temporarily pressure capital returns but will

According to Korean Economic Daily, South Korea's KOSPI index surged 2.66% to close at 6,894.23 on September 18, approaching the 7,000 milestone, despite the U.S. Federal Reserve and Bank of Japan raising benchmark rates on successive days. The Fed lifted rates to 3.75%–4% on September 16, marking t

According to Tigers Financial Partners, today (September 18), the investment firm raised Alphabet's price target to $485 from $415, citing growth across the company's search, cloud, and YouTube divisions driven by artificial intelligence. The firm noted that while AI investments are temporarily

According to South Korea's Financial Supervisory Service, foreign investors made net purchases of 344 billion won in domestic stocks in August, marking their first net buying month this year after eight months of net selling. Regional breakdown showed U.S.-based investors led the buying with 13.4

According to Newsis, Taiwan's Taiex index closed up 892.75 points, or 1.92%, at 47,180.75 on September 18, extending gains to a third consecutive trading day. The advance was driven by semiconductor stock strength in the previous day's New York market session, with the broader rally attributed to se

According to Futures Pro, commodity futures markets saw sharp declines this week following the Federal Reserve's policy announcement. SC crude oil contracts dropped nearly 10% in a single session, while thermal coal, coking coal, and glass futures also experienced significant selloffs this week.

Aznar Shipping filed for an initial public offering that could raise up to P737 million, with CEO Kyle Alexander Aznar announcing the move on Friday, September 18. The Cebu-based company plans to sell as many as one billion primary shares at an indicative price of up to P0.67 each, potentially

According to Rappler, on September 18, Aznar Shipping filed for an initial public offering targeting up to P737 million in gross proceeds, with plans for a December listing on the Philippine Stock Exchange. The Cebu-based shipping company plans to sell up to 1 billion primary shares at an

According to market sources, on September 18, Saudi Arabia informed European refiners that crude oil supplies will not be available next month.

ASML continues to rely on laser-produced plasma (LPP) technology for its extreme ultraviolet (EUV) lithography systems and sees no reason to adopt free-electron laser (FEL) technology, according to a JPMorgan note cited by Semi Doped. The

ECB President Christine Lagarde stated today that there is currently no information to report regarding speculation about her possible departure from the European Central Bank. The comment addresses recent market speculation about leadership transitions at the

According to ChainCatcher, The Smarter Web Company announced plans to launch the UK's first bitcoin-backed preferred shares. The company's stock, TSWCF, has risen over 36% in the past week following the

According to Goldman Sachs strategists led by Ben Snider, S&P 500 is expected to reach 8,700 within one year as robust economic prospects and artificial intelligence investments support U.S. corporate earnings growth. S&P 500 component companies posted profit growth of approximately 30% in the

According to Grayscale Research, the Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75%-4.00%, with the firm saying the move is unlikely to drive major changes in Bitcoin price and crypto markets. Grayscale characterizes the increase as a mid-cycle

According to BlockBeats, major DeFi tokens surged on September 18 following the U.S. SEC's announcement of a new tokenized stock innovation exemption. Per HTX market data, Uniswap (UNI) jumped 35% to $9.14 in 24 hours, while Arbitrum (ARB) gained 26.7% to $0.207, NEAR Protocol (NEAR) climbed 26.5% t

According to the Financial Investment Industry, Kiwoom Securities completed the issuance of 400 billion won in private hybrid capital securities today, September 18. The 30-year securities carry a coupon rate of 5.65% and include a call option exercisable after 5 years, with a step-up provision

Intel Chief Executive Chen Fu-wu warned at Splunk.conf26 in Denver that global semiconductor manufacturing's 95% reliance on a single foundry company, particularly one based in Taiwan, poses significant supply chain risk. He emphasized that CPU demand remains exceptionally strong, with current