Global TradFi & Macroeconomics

Intel's stock surged 8.6% on Tuesday after the company confirmed it will cut jobs in its Data Center Group (DCG) as part of its cost-reduction strategy, though no specific headcount figures were disclosed. The company stated the restructuring aims to ensure appropriate staffing levels and skill

Foreign investors resumed purchasing Samsung Electronics and SK Hynix shares during the five trading days from the 14th to the 21st, after selling over 190 trillion won in Korean stocks year-to-date through the 13th. According to the Korea Exchange on the 22nd, foreign investors net purchased 3.4 tr

According to Korea Exchange data, foreign investors conducted net buying of 3.4 trillion won in KOSPI over the past five trading days through July 21, primarily purchasing SK Hynix and Samsung Electronics. SK Hynix saw net inflows of 1.6 trillion won, while Samsung Electronics received 900 billion w

According to Bloomberg, South Korea's central bank is expected to raise its policy rate again in October, with about one-quarter of surveyed economists predicting a move as early as August. Central bank governor Lee Ju-yeol indicated that maintaining a tightening stance is necessary due to

According to the Korea Exchange and NexTrade, foreign investors recorded net sales of 19.04 trillion KRW (19 trillion 400.6 billion won) in the domestic securities market year-to-date as of July 21, marking a historical high for foreign investor

The Bank of Korea reported that the producer price index remained flat month-over-month in June, according to data released on the 22nd. Year-over-year, the index rose 8.6%. The stabilization follows a slowing trend from April's 2.7% monthly increase to May's 1.0% gain, with offsetting movements

According to the Bank of Korea on June 22, South Korea's June Producer Price Index (PPI) remained flat month-on-month and rose 8.6% year-over-year. The month-on-month gains have slowed consecutively from 2.7% in April to 1.0% in May to flat in June. Industrial product prices fell 0.3%,

According to New York close trading, offshore Chinese yuan (CNH) traded at 6.7689 against the U.S. dollar on Tuesday (July 21), up 3 pips from Monday's close. The currency pair moved within a daily range of 6.7699 to 6.7635 during the

On Tuesday (July 21), spot gold rose 1.76% to $4,078.31 per ounce on New York close, after dipping below $4,000 in Asia-Pacific trading earlier in the session before rallying back above $4,080. COMEX gold futures climbed 1.69% to $4,083.70 per ounce. Spot silver gained 4.21% to $58.80 per ounce,

Super Micro Computer announced Tuesday it now expects gross margin and adjusted gross margin between 15% and 17% for the June quarter, up from the 8.2% to 8.4% range management provided in May. The revision is primarily due to a favorable customer and product mix, the server maker said in a

According to Moody's, Argentina's sovereign credit rating has been upgraded to B3 with a stable outlook. The rating upgrade reflects improved credit conditions for the South American nation.

US stock markets rallied on local time July 21, with the Nasdaq Composite surging 1.29% to 25,837.21 as semiconductor stocks rebounded sharply and corporate earnings exceeded expectations. The Philadelphia Semiconductor Index jumped 5.2%, its largest single-day gain in a month, while SK Hynix ADR

JP Morgan stated on the 21st that deleveraging in Korean stocks is nearing completion. The investment bank maintained its 12-month KOSPI target of 12,500 and 'overweight' recommendation. The approximately 28% decline in KOSPI from its June peak resulted primarily from leveraged ETF unwinding and

According to API data, U.S. crude oil production fell 90,000 barrels per day for the week ending July 17, reversing the prior week's gain of 56,000 barrels per day.

According to API data, U.S. refinery crude oil inventories fell to 1.759 million barrels for the week ending July 17, falling short of the 1 million barrel forecast and down 500,000 barrels from the previous week's 2.259 million barrels.

According to API data released for the week ending July 17, US heating oil stockpiles increased by 495,000 barrels, compared with a decline of 73,000 barrels in the previous week.

According to API库欣 data as of July 17, U.S. crude oil inventories at Cushing fell 737,000 barrels during the week, compared to a rise of 238,000 barrels in the previous week.

According to the American Petroleum Institute (API), U.S. crude oil inventories increased by 2.603 million barrels for the week ended July 17, compared to expectations of a 500,000-barrel decline and the previous week's 564,000-barrel

According to API data, U.S. refined oil imports reached 43,000 barrels per day for the week through July 17, compared to negative 188,000 barrels per day in the prior week.

According to the American Petroleum Institute (API), U.S. gasoline inventories declined by 1.379 million barrels for the week ending July 17. The actual draw fell short of the expected 1.81 million-barrel decline and came after a 1.664 million-barrel decrease in the prior week.