Global TradFi & Macroeconomics

South Korea's KOSPI index fell more than 30% in July, marking the worst performance among major global stock indices. The decline is notably sharper than markets in the United States (down 6%) and Japan (down 13%). The historic selloff has triggered circuit breakers on both the KOSPI and KOSDAQ for

On July 29, Zhongmiao Holdings (01471), Hong Kong's leading insurance brokerage, and Zhong'an Insurance, a leading internet insurance technology company, announced a strategic partnership to integrate offline industrial scenarios with online insurance ecosystems. The collaboration will focus on

According to Korea Financial Investment Association, on July 30 the financial industry announced voluntary measures and government regulations to stabilize the single-stock leveraged products market following recent market volatility. Eight asset management firms and eight securities companies

According to SoSoValue, Morgan Stanley Solana Trust (MSOL) recorded net inflows of $19.058 million on July 29. The spot ETF's total assets under management reached $863 million, with cumulative historical net inflows of $1.146

According to SoSoValue data, Bitwise Hyperliquid ETF (BHYP) saw net outflows of $8.78 million on July 29, with cumulative net inflows reaching $104 million to date. As of the latest update, the total assets under management for HYPE spot ETFs stood at $252 million.

According to SoSoValue, Franklin XRP ETF (XRPZ) recorded net inflows of $584,700 yesterday (July 29), accounting for the day's total XRP spot ETF net inflows. The total assets under management for XRP spot ETFs reached $989 million, with cumulative net inflows of $1.496 billion to

According to Jin10 Futures on July 30, the Federal Reserve maintained interest rates at current levels. Fed official Waller emphasized that the central bank references a broader range of inflation data beyond traditional PCE and focuses on inflation trends, maintaining a cautious, neutral policy

According to SoSoValue, Franklin XRP ETF (XRPZ) saw net inflows of $584,700 on July 29 (yesterday in U.S. Eastern time). The fund's historical cumulative net inflows have reached $422 million.

SK Hynix stocks fell 7.85% to 1.291 million won as of 9:43am on the 30th, extending a three-day decline to 29% from the 27th closing of 1.819 million won, according to Korea Exchange data. The stock dropped 16.16% on the 28th and 7.54% on the 29th. The decline followed second-quarter earnings that m

According to CNBC, on July 29, DoubleLine Capital CEO Jeffrey Gundlach said the U.S. Treasury market is sending a clear signal to the Federal Reserve: if policymakers truly want to bring inflation back to 2%, they must take action rather than rely on rhetoric. "If you really want to get inflation to

According to Yonhapnews, SK Hynix shares fell 7.85% on July 30 to 1,291,000 Korean won, extending a sharp decline that began on July 28. The stock has lost 29% from its July 27 closing price of 1,819,000 won, and is down 56.4% from its June 22 peak of 2,959,000 won. The semiconductor maker's

Kim Myung-sil, a researcher at iM Securities, stated on July 30 that three interest rate hikes by the Bank of Korea in 2026 remain possible, citing stronger-than-expected second-quarter GDP growth driven by both exports and private consumption recovery. The analyst emphasized that if back-to-back ra

Kim Myung-sil, a researcher at iM Securities, stated in an interview on July 30 that the Bank of Korea could implement three interest rate hikes this year, including a potential back-to-back increase in August. The forecast is based on Q2 GDP growth that showed improvement in both exports and

Microsoft, ARM, Qualcomm, and Meta reported divergent earnings results on 29일 (local time) as markets evaluated whether AI infrastructure investments are translating into revenue growth. Microsoft exceeded expectations with strong cloud and AI service performance, while ARM and Qualcomm faced

According to the Federal Reserve on July 29, the central bank held the federal funds rate target range steady at 3.5%-3.75%, marking the fifth consecutive hold this year. COMEX gold closed at $4,065.50 per ounce, up 0.66%, while domestic SHFE gold rose 0.90% to 889.70 yuan per gram. The decision

According to Jin10, Galaxy Securities reported that domestic raw milk prices rose 0.3% year-over-year in July, marking the first positive growth in nearly five years. The shift reflects an improving supply-demand balance in the dairy sector. Fresh milk prices began rising as early as March,

Jeff Gundlach, known as the 'Bond King,' stated on the 29th local time that the bond market is signaling the Federal Reserve should raise interest rates. Speaking to CNBC immediately after the Fed's rate decision this month, Gundlach said the Fed needs to increase the benchmark rate if it truly

People Power Party leader Jang Dong-hyuk criticized the recent stock market crash on July 30 at a National Assembly Supreme Council meeting, calling the KOSPI and KOSDAQ declines criminal conduct requiring investigation. The criticism followed two consecutive days of circuit breaker triggers on