Global TradFi & Macroeconomics

According to Korea Exchange, the KOSPI trading volume dropped to 33.2 trillion won yesterday (July 19), down from 51 trillion won, as retail investors exited positions amid AI profitability concerns and Middle East geopolitical uncertainties. Retail investor deposit balances have also declined,

According to CME Fed Watch as of July 21, the probability of the Federal Reserve maintaining interest rates unchanged in July stands at 84.5%, with a 15.5% probability of a 25 basis point rate hike. Looking ahead to September, the Fed has a 36% probability of holding rates steady, a 55.1% probabilit

The U.S. dollar strengthened on July 20 (Monday), with the Dollar Index (DXY) rising 0.2% to 100.94, as Middle East tensions escalated and geopolitical risk sentiment lifted. President Trump posted on Truth Social that Iran would pay "many times over" for each U.S. soldier killed, instructing

US retail investors are shifting capital from Magnificent 7 stocks to AI infrastructure companies including SK Hynix and Intel, according to fund flow tracker VandaTrack cited by the Wall Street Journal on May 19 (local time). During May 1-17, US retail investors net purchased $194 million in Intel

Market experts Dave Weisberger, Peter Tchir, and David Duong discussed Bitcoin's price outlook and macroeconomic influences on cryptocurrency markets. Academy Securities Macro Strategist Peter Tchir highlighted Bitcoin's resilience despite recent sell-offs in semiconductor and AI stocks, while Weisb

According to Wall Street Journal citing Vanda Research, on July 19, U.S. retail investors redirected capital from Magnificent 7 tech giants to AI infrastructure companies including Intel and SK Hynix. During July 1-17, Intel received net inflows of $194 million, 3.7 times Microsoft's $52 million.

Over 1.16 million South Korean investors completed basic leveraged ETF education in H1 2026, a 19-fold increase from the prior year's 60,972. Financial Investment Association data submitted to lawmaker Kang Myung-gu showed ₩13.4 trillion flowed into 16 Samsung Electronics and SK Hynix single-stock l

According to Bloomberg, the correlation between South Korea's KOSPI index and the Nasdaq 100 has surged to 0.46 over the past 60 days, nearly triple the five-year average of 0.16, as the Korean tech-heavy index increasingly serves as a leading indicator for global AI trading. International

According to Bloomberg, Goldman Sachs priced $2.5 billion in perpetual preferred stock on Monday, with a 6.5% yield and a first call date in five years. The reset spread was set at 215 basis points above the 5-year U.S. Treasury yield. The timing came days after a key risk metric for such

Technology-special-listing companies on South Korea's KOSDAQ market face increased burden as delisting criteria have been strengthened, according to E-Daily. These companies, which gain listing approval based on future growth potential rather than immediate profitability, now confront market

JPMorgan Chase announced in May 2025 that the bank would allow clients to buy Bitcoin through the institution, marking a significant policy shift for the largest U.S. bank by assets. CEO Jamie Dimon stated that Chase would not provide custody services but would enable Bitcoin purchases and display p

According to Coinbase's July 30, 2025 announcement, JPMorgan Chase and Coinbase launched a strategic partnership enabling Chase customers to link bank accounts directly to Coinbase wallets and redeem Ultimate Rewards points for USDC, the USD-pegged stablecoin on Coinbase's Base network, beginning in

On Monday close (July 20), U.S. equity index futures all moved lower. S&P 500 futures fell 0.18%, Dow futures declined 0.46%, Nasdaq-100 futures dropped 0.01%, and Russell 2000 futures fell 0.60%.

The KOSPI closed at 6,516.27 on July 20, down 304.33 points or 4.46%, marking its second consecutive day of steep declines. The index has fallen nearly 2,900 points from its June 19 intraday high of 9,385.59, driven by semiconductor sector uncertainty and leverage-driven selling pressure. Despite

LG Household & Health Care and Amorepacific, two Korean cosmetics companies previously recognized as domestic market leaders, announced on July 20 plans to sell non-core assets including beverages, health supplements, and manufacturing facilities. Amorepacific disclosed its intention to divest its A

The United States will impose 50% tariffs on many Canadian goods within 30 days, including items covered under the U.S.-Mexico-Canada Agreement (USMCA), with exemptions for energy, fertilizers, and critical minerals. Canadian stock markets fell 0.86% on Monday. President Trump recently threatened a

Charles Schwab completed its $26 billion acquisition of TD Ameritrade in October 2020 and migrated all client accounts to the Schwab platform by 2024. TD Ameritrade never offered direct spot cryptocurrency trading during its independent operation, limiting clients to Bitcoin futures through the

Hut 8 shares rose about 14% in early trading on Monday after signing a second 15-year lease worth $9.8 billion with an existing investment-grade customer. The crypto-mining turned AI data center company fully commercialized its 1-gigawatt Beacon Point campus in Texas through the agreement, which

Gold futures on the Chicago Mercantile Exchange (CME) declined on July 20, with August delivery contracts falling $6.50 to $4,012.30 per troy ounce at 2:29 PM US Eastern time. The decline occurred as US Treasury yields rose approximately 4 basis points across all maturities amid escalating US-Iran m

US stocks closed lower on May 20 (US Eastern Time), with the Dow Jones Industrial Average falling 307.16 points (0.59%) to 51,839.26, the S&P 500 declining 14.41 points (0.19%) to 7,443.28, and the Nasdaq Composite dropping 12.17 points (0.05%) to 25,508.07. The declines occurred as geopolitical