Global TradFi & Macroeconomics

According to S&P Dow Jones Indices, Ferguson Enterprises will be added to the S&P 500 index effective today, replacing Electronic Arts (EA). The reshuffle reflects the index company's periodic review and adjustments to maintain the benchmark's composition and market

On Friday July 31 at New York close, S&P 500 stock index futures rose 0.50%, Dow futures advanced 0.31%, and Nasdaq-100 futures gained 0.26%. Russell 2000 futures declined 0.85%.

Samsung Electronics stocks saw diverging target price revisions from securities firms on July 31, with projections ranging from 370,000 won to 650,000 won. Samsung Securities lowered its target from 500,000 to 400,000 won while Korea Investment Securities raised its target from 590,000 to 650,000 wo

On Friday (July 31), offshore Chinese yuan (CNH) traded at 6.7524 per U.S. dollar at the New York close, down 44 points from Thursday's close. The currency traded within a range of 6.7423–6.7553 during the session. Week-to-date, CNH has appreciated approximately 0.28%, while the monthly gain

SK Hynix recorded its first-ever upper circuit limit on July 31, closing 29.95% higher at 1,718,000 won after a month-long decline that saw the stock fall 54% from its peak. The historic rally was triggered by Microsoft's strong earnings report and expanded capital expenditure guidance, which

Securities firms in South Korea are lowering their KOSPI target forecasts after previously expressing confidence in a 'KOSPI 10,000 era.' Shinhan Investment & Securities cut its second-half KOSPI target from 11,000 to 8,800 on the 30th of last month, marking a 22% reduction. The downward revisions c

According to News1, SK Hynix (SKH) hit its first daily limit-up in history on July 31, surging 29.95% to 1,718,000 won, rebounding sharply after tumbling 54.71% over the previous month. Foreign investors recorded their largest single-day net purchase ever, buying 3.606 trillion won worth of

According to Joong Ang Ilbo, South Korea's major brokerages significantly lowered their KOSPI (Korea Composite Stock Price Index) targets on July 30 following recent market declines. Shinhan Investment & Securities reduced its second-half KOSPI target from 11,000 to 8,800 points, a downward

According to News1 on July 31, South Korean brokerages issued divergent price targets for Samsung Electronics, ranging from 370,000 to 650,000 won. Samsung Securities cut its target to 400,000 won from 500,000 won, while Korea Investment raised its to 650,000 won. Bullish analysts cited expanding

Gold and silver prices declined Friday ahead of the North American market open, pressured by a firmer U.S. dollar, elevated Treasury yields and renewed oil strength following Thursday's post-PCE rebound. Spot gold was trading

According to Kitco NewsWire, spot gold and silver declined on Friday as a firmer U.S. dollar and elevated Treasury yields pressured precious metals after Thursday's post-PCE rebound. Spot gold traded near $4,057.10 per ounce, down 1.11%, while spot silver traded near $57.77, down 1.90% on the

On Friday (July 31), spot gold fell 1.27% to $4,051.30 per ounce in New York trading, ending the week flat and up 0.53% for July. COMEX gold futures declined 1.28% to $4,107.20 per ounce, down 0.83% for the month. COMEX copper futures rose 0.63% to $6.5155 per pound, gaining 5.76% in July and

On Friday (July 31), spot gold dropped 1.27% to close at $4,051.30 per ounce, holding nearly flat for the week and up 0.53% for the month amid consolidation between $3,959.84 and $4,202.90. COMEX gold futures declined 1.28% to $4,107.20 per ounce, down 0.83% for July. COMEX copper futures

US stocks closed higher on July 31 (local time), the final trading day of July, with the Nasdaq Composite rising 1.00% as Amazon surged 15% on strong cloud revenue while Apple fell over 7% despite beating sales estimates. Amazon's second-quarter revenue posted its largest increase in four years, wit

According to South Korea's financial investment industry, single-stock leverage and inverse ETFs have recorded significant losses since their May 27 launch through July 30. The 16 products generated 525.5 trillion won in trading volume, representing 32.3% of total ETF trading during the period. SK

Wall Street's early rally reversed on July 31 as the S&P 500 declined 0.4% and the Dow dropped roughly 151 points (0.3%) by late morning, with Apple's 9.3% plunge weighing heavily on both indexes. The 10-year Treasury yield climbed to 4.737%, its highest intraday level since January 2025, as

Korean financial authorities implemented a strengthened cash deposit requirement for single-stock leveraged ETFs on the 31st, raising the minimum to 30 million won in cash only. The measure, designed to curb market volatility driven by these high-risk products, eliminates the previous allowance for

Clear Street is offering accredited investors access to pre-IPO shares in Databricks, following the AI data company's July 16 term sheet signing at a $188B valuation. The offering follows Databricks' strategic funding round expected to raise approximately $3B, led by Coatue Management. Databricks' v

Microsoft, Amazon, and Alphabet (Google's parent company) collectively added nearly $1.5 trillion in market capitalization this week, with Alphabet reaching approximately $4.3 trillion, Microsoft around $2.8 trillion, and Amazon near $2.5 trillion. The rally follows capital expenditure guidance

Ship crossings through the Strait of Hormuz dropped 77% in a single day, with only Iran-approved routes being utilized. The decline occurred amid ongoing US-Iran tensions over the strategic chokepoint, which is crucial for global oil and gas shipments. Security concerns and geopolitical tensions