Global TradFi & Macroeconomics

France's July manufacturing PMI flash reading is due to be released in 10 minutes on July 24. The preliminary reading is expected to provide early insight into French manufacturing activity for the month.

Jeong Mu-il, Chief Investment Officer at Trustone Asset Management, analyzed the recent Korean stock market volatility in an interview, attributing the KOSPI's nearly 30% drop from its intraday all-time high of 9385.59 to excessive concentration in Samsung Electronics and SK Hynix rather than

According to Jin10, as of 3:00 p.m. Beijing time on July 24, spot platinum fell 0.62%, while spot palladium declined 1.52%.

According to Hankyung Premium9, KOSPI index fell 30% from its record high of 9,385.59 in July, weeks after reaching an all-time peak in June, driven by heavy concentration in semiconductor stocks. CIO Jung Moo-il of Truestone Asset Management attributed the sharp correction to a structural market im

Gate News: According to Gate’s official announcement, Gate’s “IPO Access” will open expression-of-interest subscriptions for Jersey Mike’s (JMKE). Users can participate in the company’s public offering subscription using USDT or GUSD. This round of subscriptions is split into a USDT subscription pool (50%) and a GUSD subscription pool (50%). The indicative subscription price is $21–$25 per share. The minimum subscription amount is 100 USDT or 100 GUSD, and the maximum subscription amount is 500,

The USD-JPY exchange rate traded at 163.824 yen on July 24 at 1:42 PM, up 0.01% from the previous session, as intervention concerns intensified in the upper 163-yen range. The pair briefly touched 163.932 yen amid dollar strength driven by escalating Middle East tensions. Japanese Finance Minister

According to Ko Nakayama from Okasan Securities (reported by Jin10 on July 24), Japan's inflation outlook faces heightened upside risks as recent yen weakness and rising crude oil prices intensify cost pressures. Government data released Friday showed a modest rebound in consumer inflation for

Gate officially launched its stock copying feature on July 24, according to the company. Users can replicate real stock holdings from traders in real-time across U.S., Hong Kong, and South Korean stocks, plus ETFs—covering 12,500 securities total. The product supports fractional trading starting at

According to Financial News, on July 24, KOSDAQ margin financing balance plummeted to 6.9 trillion won from 9.1 trillion won recorded about a month earlier, marking a 23.9% decline. Daily average trading volume across Korean exchanges also contracted approximately 30%, dropping from 100 trillion won

According to Jin10, Japan's 40-year government bond yield rose 10 basis points to 4.010% on July 24, while the 5-year yield hit its highest level since 2000. Investors are betting the Bank of Japan will move slowly to tighten monetary policy as inflation concerns grow, particularly over rising oil p

Dongkuk Steel recorded operating profit of 45.6 billion won in the second quarter, the company disclosed on the 24th. Revenue reached 995.5 billion won, representing an 11.4% increase, while operating profit surged 52.31% year-over-year. The performance was driven by seasonal peak demand and increas

Samsung Heavy Industries [010140] disclosed on the 24th that its Q2 operating profit surged 58.7% year-over-year to 325 billion won, driven by the full-scale expansion of global operation production and the resumption of Dock 2 launches. The company, which achieved $10 billion in new orders from

Hyundai Wia reported Q2 operating profit of 50.4 billion won, missing market consensus by 15.3% as US tariff impacts and upfront investments in new business lines weighed on profitability. The South Korean auto parts manufacturer posted revenue of 2.3537 trillion won for the quarter, up 8.0%

According to Yonhap Infomax, Dongkuk Steel Group disclosed its Q2 results on July 24, reporting consolidated operating profit of 45.6 billion Korean won, up 52.31% year-over-year, and revenue of 999.5 billion won, up 11.4% year-over-year. The results exceeded market consensus estimates of 930.3 bill

Samsung Heavy Industries reported Q2 2026 operating profit of 325 billion won, surging 58.7% year-over-year, the company disclosed on July 24 according to Yonhap Infomax. Q2 revenue rose 20.4% to 32.3 trillion won, though both figures missed analyst expectations. The company attributed gains to

According to Yonhap Infomax, Hyundai WIA reported operating profit of 50.4 billion won for Q2 2026 on July 24, down 10.6% year-on-year and 15.3% below analyst consensus of 59.5 billion won. Revenue reached 2.35 trillion won, up 8.0% but exceeding market expectations. The decline in profitability

The UK government stated that the US has acknowledged its measures addressing forced labor issues in relation to the latest tariffs.

Japanese toilet maker Toto, textile firm Nitto Boseki, and seasoning giant Ajinomoto saw their stocks surge 78%, 63%, and 61% respectively this year, according to CNBC on the 21st (local time), as they capitalize on the artificial intelligence supply chain despite having no direct semiconductor business. The gains stem from these companies supplying specialized materials—ceramic electrostatic chucks, glass fiber for semiconductor substrates, and insulation films for high-performance computing—to

According to CNBC on July 22, Japanese firms TOTO, Nitto, and Ajinomoto saw stock gains of 78%, 63%, and 61% respectively this year, profiting from AI supply chain expansion despite their non-semiconductor focus. TOTO, a ceramics specialist, manufactures ceramic electrostatic chucks for semiconduct

According to Chosun Biz, foreign investors resumed net buying on South Korea's stock market from July 21-24, accumulating net purchases of 7.02 trillion Korean won over four consecutive trading days. The buying spree concentrated on semiconductor large-caps, with SK Hynix purchased for 1.434 trillio