Global TradFi & Macroeconomics

SOL SK Hynix Futures Single Stock Inverse 2X ETF recorded trading volume of 3.9195 trillion won on July 20, ranking second in South Korea's ETF market, according to Korea Exchange data. The trading volume reached 19.1 times the product's market capitalization of 204.8 billion won, indicating

According to Korea Exchange data reported by Financial News, SK Hynix inverse leveraged ETF saw 3.9 trillion won (approximately $3 billion) in trading volume on July 20, marking the second-largest ETF by daily turnover. The trading volume was approximately 19 times the product's market

According to Investing.com, South Korea's KOSPI index has become the worst-performing major stock index globally over the past month as of July 20. The decline is steeper than Russia's market despite the country being in its fourth year of military

According to Jin10 Futures, Shanghai Futures Exchange energy-related warehouse inventory on July 20 showed mixed movements. Pulp futures warehouse inventory decreased to 310,147 tons, down 2,612 tons from the previous trading day. Fuel oil futures inventory also declined to 30,960 tons, down 2,700 t

According to Bank of America's latest supply chain survey, global DRAM average selling price (ASP) is projected to surge 21% quarter-over-quarter in Q3 2026, significantly outpacing TrendForce's consensus estimate of 8% to 13%. The bank's research team identified five key drivers including

According to Kiwoom Securities analyst Han Ji-young, on July 20, the firm forecasted South Korea's KOSPI index would find downside support in the 6,300-7,300 point range this week. The brokerage noted that the index's 12-month forward price-to-earnings ratio (PER) has fallen to 5.8x, reaching its

According to Deutsche Bank's recent research report, the Federal Reserve's shift from raising interest rates to balance sheet reduction as its primary monetary tightening tool would be "bearish" for the U.S. dollar. George Saravelos, head of Deutsche Bank's global FX research, cited the Bank of

According to President Prabowo Subianto, Indonesia will halt all diesel imports starting July 2026, becoming the first country to mass-produce B50 biodiesel from palm oil. The President's office stated that Indonesia has successfully achieved self-sufficient diesel fuel production through its B50 bi

On July 20, Liu Taojing joined China Renaissance (01911) as Managing Director and head of Hong Kong equity investment banking. He will oversee the company's investment banking business in the Hong Kong stock market, providing comprehensive services including pre-IPO financing, IPO underwriting, and

Retail investors in South Korea continued heavy buying of single-stock leveraged ETFs on July 20, the first trading day after financial authorities announced comprehensive regulatory measures on July 16. Individual investors purchased 122.1 billion won of KODEX SK Hynix Single Stock Leverage

According to Yonhap Infomax, on July 20, retail investors continued to pour massive funds into single-stock leveraged ETFs despite South Korea's financial regulator announcing strict restrictions on July 16. KODEX SK Hynix single-stock leveraged ETF received 122.1 billion won in net purchases in a s

According to Meritz Securities research on July 20, server DRAM spot prices surged to over $3,100, representing a 146% premium above June-end contract prices of $1,380. The spike was driven by sovereign AI projects including Saudi initiatives, new AI data center testing demand, and severe

Europe's major equity indexes opened lower on Monday, July 20. Germany's DAX30 fell 0.28%, the UK's FTSE 100 declined 0.48%, France's CAC40 dropped 0.20%, the Stoxx 50 shed 0.21%, Spain's IBEX35 lost 0.35%, and Italy's FTSE MIB

According to a Turkish central bank survey released today, the authority projects the USD/TRY exchange rate to reach 51.5537 by end-2026. The 12-month repo rate forecast was lowered to 29.44%, down from 30.14% in the prior survey.

Korean stock markets KOSPI and KOSDAQ closed sharply lower in synchronized decline, with both triggering sell-side circuit breakers during trading. KOSPI fell 304.33 points (-4.46%) to close at 6516.27, while KOSDAQ dropped 42.20 points (-5.33%) to finish at 749.64 after hitting a 52-week low

According to Jin10, on July 20 at 15:00 Beijing time, spot platinum declined 0.37% and spot palladium fell 0.25%.

According to The Fact, South Korea's KOSPI index plunged 4.46% to close at 6,516.27 on July 20, while the KOSDAQ fell 5.33% to 749.64. The KOSDAQ triggered a sell-side circuit breaker at 10:52 a.m., followed by the KOSPI at 11:21 a.m., when the KOSPI 200 futures index dropped 5.13%. Top 10 market-c

According to Chosun Biz, South Korea's KOSPI index fell 304.33 points, or 4.46%, to close at 6,516.27 on July 20, dragged down by concerns over China's low-cost AI model 'Kimi K3' that could dampen Big Tech capital expenditure. The KOSDAQ index declined 5%, breaking below the 750-level. The stock se

On July 20, international energy markets saw a landmark moment. Brent crude futures surged through the $90-per-barrel mark in one move, topping out at $91.42 during the day; WTI crude futures also climbed into the $84 range. This breakout level is not coincidental—over the past week, Brent crude has risen 15.9% in total, posting the largest single-week gain since April; from the early-July low near $71, the rebound is already close to 30%. {currencycard:tradfi}(XTIUS