Global TradFi & Macroeconomics

According to Seoul Econ, overnight on July 21, South Korean semiconductor stocks rallied sharply following a broad U.S. semiconductor recovery. SK Hynix American Depositary Receipts jumped 13.75% to close at $171.94, while Samsung Electronics rose 5.21% to 272,500 Korean won on NextTrade. The

According to UBS, the global investment bank raised its year-end target for the S&P 500 index to 8,100, citing profit growth in artificial intelligence and semiconductor sectors. The forecast came as semiconductor stocks rallied sharply on July 20 despite rising crude oil prices and U.S. Treasury

According to Guru Club, on July 22, the U.S. dollar strengthened against the Japanese yen for the fourth consecutive trading day, driven by escalating Middle East tensions, rising oil prices, and renewed market expectations of further Federal Reserve tightening. USD/JPY broke through 163 for the

According to Yahoo Finance, Supermicro Computer (NASDAQ: SMCI) stock surged 7.01% to $25.50 at the close of New York trading on July 21, with an additional 18.55% gain in after-hours trading. The rally followed the company's guidance forecasting gross margins of 15-17% for upcoming quarters,

According to the Financial Times, U.S. President Donald Trump could implement new tariffs on dozens of countries as early as this week. The announcement marks an escalation in trade tensions amid ongoing negotiations with multiple

South Korea's KOSDAQ index fell to levels last seen before President Lee Jae-myung's inauguration on July 21, closing at 753.34 points, up 3.70 points (0.49%) from the previous trading day. Large-cap semiconductor stocks are draining capital from the broader market, exacerbating KOSDAQ's decline.

Hyundai Department Store faces mixed Q2 performance as strong department store operations are offset by subsidiary Zinus's struggles, according to securities firms' consensus estimates compiled by Yonhap Infomax on the 22nd. The consensus forecast shows Q2 operating profit of 84.4 billion won,

According to a consensus forecast from nine brokerages compiled by Yonhapinfomax, Hyundai Department Store's Q2 2026 operating profit is expected at 84.4 billion KRW, declining 2.88% year-over-year, while sales are projected at 1.024 trillion KRW, down 5.17% YoY. The department store division is a b

According to Business Insider, U.S. semiconductor stocks have come under severe pressure in recent weeks amid geopolitical risks and artificial intelligence trading rotation. The Invesco Semiconductor ETF (SOXX-US) has declined 18% from its late-June peak, with the broader VanEck Vectors Semiconduct

UBS Americas and Bank of America advised maintaining investments in AI hardware companies on the 21st local time, despite recent semiconductor stock volatility. UBS Americas Chief Investment Officer Ulrike Hoffmann-Burchardy stated the recent semiconductor stock weakness does not reflect potential o

According to Seoul Bond Market data, on July 22, South Korea's 10-year government bond futures fell 19 ticks to 104.99 overnight as U.S. Treasury prices weakened amid rising international oil prices. Trading volume remained subdued compared to typical levels. Brent crude oil's September contract

According to UBS America's Chief Investment Officer, on July 21, semiconductor weakness does not reflect supply gluts, and major tech firms will not cut AI hardware spending despite short-term profitability pressures. UBS expects intensifying competition from new Chinese AI models, including

According to Morgan Stanley's latest Korea strategy report published on July 21, the bank maintained its KOSPI target at 9,000, judging that the recently declining index has approached bottom levels. The report noted that while semiconductor sector uncertainty persists, short-term volatility is

Global investment firm Blackstone announced on May 20 its investment in a Korean robotics company, citing the humanoid and automation market as being in the early stages of explosive growth. The undisclosed investment values the company at approximately 1 trillion won according to investment

Daesin Securities called recent semiconductor stock declines 'irrational' on the 22nd, maintaining its overweight rating. The firm reaffirmed buy ratings for Samsung Electronics (target price 560,000 won) and SK Hynix (target price 3.9 million won). Analyst Ryu Hyung-geun stated the market

On July 22, Daishin Securities maintained a 'buy' investment rating on Samsung Electronics (005930) with a target price of 560,000 KRW, keeping its earlier assessment unchanged despite recent semiconductor sector

According to Onchain Lens, Morgan Stanley Bitcoin Trust ETF withdrew 106.04 BTC from Coinbase Prime on July 21, valued at approximately $7.01 million.

According to KB Securities, investors will closely watch Alphabet's earnings report on July 22, focusing on whether massive AI infrastructure investments translate into actual revenue growth. KB Securities said in a report that for hyperscalers like Google and Amazon, capital expenditure

The KOSPI has emerged as a key driver of US stock market movements, particularly affecting the Nasdaq-100 index, according to analysis from Wall Street firms. Evercore ISI described the Korean stock market as a 'tail that wags the dog' scenario where KOSPI now moves global asset markets. The

According to Nvidia's regulatory filing, Nebius Group (NBIS-US) shares soared 18% to $216.92 on July 21 after the AI chipmaker revealed it holds a 9.3% beneficial ownership stake in the cloud infrastructure company, including shares obtainable through warrants. Nvidia submitted the disclosure filing