Global TradFi & Macroeconomics

According to the Bank for International Settlements (BIS), a paper released yesterday (July 26) found that countries with fiscal deficits exceeding 5% of GDP experience significantly higher exchange rate pass-through rates. The study, analyzing 40 years of data from 98 countries, revealed that

Hyosung Heavy Industries is forecast to record a Q2 operating profit of 285.4 billion won, a 73.72% year-on-year increase. According to estimates compiled by Yonhap Infomax on the 26th from five major domestic securities firms submitted within the past month, the company's Q2 revenue is projected at

NH Securities forecasts the KOSPI to trade between 6700 and 7600 for the week of July 27–31, following a close of 6690.62 on the 24th (down 406.27 points, 5.72%). The brokerage cited Alphabet's Q2 results — which raised CAPEX guidance

According to NH Investment Securities, South Korea's KOSPI index is expected to trade within the 6700-7600 range this week (July 27-31), with volatility driven by upcoming corporate earnings and geopolitical risks. The benchmark fell 5.72% to close at 6690.62 on July 24. Market focus is turning to

According to Korea Exchange, five new exchange-traded funds (ETFs) will be listed on the Kospi market on July 28, 2026. The products include two passive ETFs from Kiwoom Investment and Hana Asset Management, and three active ETFs from KB Asset Management, Samsung Active Asset Management, and Midas A

Multiple Korean biotech and industrial companies are entering public subscription phases on the Korean stock market this week. Ingenia Therapeutics will confirm its offering price on the 28th and conduct public subscription from the 30th to the 31st, offering 5 million Korean Depositary Receipts

KB Securities researcher Kim Il-hyuk advised investors to reduce exposure to artificial intelligence and growth stocks while increasing positions in defensive sectors like consumer staples and healthcare, as well as financial stocks, as US Treasury

Crude oil exchange-traded notes (ETNs) in the Korean market dominated this month's top-performing securities as Middle East tensions reignited and international oil prices surged. The Meritz Leverage WTI Crude Futures ETN (H) closed at 51,490 won as of the 24th, a 69% jump from 30,465 won at the

According to Korea Exchange, WTI crude oil exchange-traded notes (ETNs) surged to July highs on July 24, with Meritz Leverage WTI Crude Oil Futures ETN(H) climbing 69% since June 30. Shinhan Bloomberg Leverage WTI Crude Oil Futures ETN B gained 61.1%, while Samsung, Hanwha, and KB S&P variants

According to KB Securities analyst Kim Il-hyuk, the U.S. 10-year Treasury yield has risen to 4.7% recently from 4.4% a month ago, amid geopolitical tensions and fiscal concerns. The TIPS (inflation-protected Treasury) yield climbed to 2.428%,

According to Korea Exchange, the National Pension Fund and other pension entities posted net buys of 68.4 billion Korean won on the Korean stock market from July 1 to 24, marking the first monthly net purchase this year. SK Haistack led buying with 425.8 billion won purchased, followed by SK

According to Iran's Oil Minister, on July 26, Iran sold 11.5 billion dollars of crude oil during the war period and 6.5 billion dollars during the ceasefire period, bringing total sales to 18.0 billion dollars. Despite facing military conflict and international sanctions, the country has achieved

SK Hynix and Samsung Electronics are scheduled to announce earnings on July 29 and July 30, with market participants watching for potential positive impact on the KOSPI index. Hyperscaler companies including Meta and Microsoft (July 30, Korean time) and Amazon (July 31) are also set to report

Korean stocks experienced severe declines in July, with the KOSPI index falling 21.07% through July 24 and circuit breakers triggering for 10 consecutive trading days. The sell-off was driven by surging oil prices—Brent crude reached $100.69—and rising US Treasury yields above 4.70%, which

According to Seoul Economic, South Korea's financial regulator tightened rules for single-stock leveraged products, moving the implementation of enhanced cash deposit requirements to July 31. Investors seeking to buy or add to positions in these products must now maintain 30 million won in actual ca

On Friday (July 24), the U.S. Dollar Index (DXY) hit 101.49, rising 0.7% for the week—the best weekly performance since June 19. The dollar rally was driven by escalating Middle East tensions boosting safe-haven demand, alongside market expectations of potential Federal Reserve rate hikes to

Retail investors in South Korea net bought approximately 453.8 billion won of single-stock leveraged exchange-traded funds tracking Samsung Electronics and SK Hynix on 24日, reversing a three-day selling streak totaling roughly 500 billion won from 21日 to 23日. The buying surge followed a sharp

Hyperliquid recorded $26 billion in real-world asset (RWA) trading during the week of July 13–19, marking the first time tokenized stocks and commodities surpassed crypto on the decentralized exchange. Lorenzo Valente, director of digital assets research at ARK Invest, announced the milestone on Jul

According to the financial investment industry, IngeniaTherapeutics, an antibody drug development biotech company, will open its public offering to retail investors on July 30-31 at a price range of 12,000-14,500 Korean won per share. The offering is managed by Samsung Securities. Based on this pric

According to Yonhapnews, Wall Street's focus this week centers on the Federal Open Market Committee (FOMC) meeting and major technology companies' second-quarter earnings as tensions between the U.S. and Iran escalate. Last week, major indices declined: Nasdaq Composite fell 2.13%, S&P 500