Global TradFi & Macroeconomics

Fundstrat head of research Tom Lee forecasts the S&P 500 to climb toward 7,900-8,000 by the end of August, citing strong earnings performance, improving investor sentiment, and continued AI spending as drivers. Lee's bullish thesis rests on corporate results beating expectations, with

Korean retail investors resumed margin trading on the 5th after credit financing balance increased by 1.0141 trillion won in a single day, reaching 28.4179 trillion won according to the Financial Investment Association. The surge followed KOSPI's 3.76% rebound on the 5th. The credit balance had

According to Yonhapinfomax, the U.S. Dollar Index (DXY) fell to 99.875 on August 7 (U.S. Eastern Time), down 0.068 points from the previous close of 99.943. The decline coincided with falling oil prices, with WTI crude for September delivery trading around $77 per barrel, down roughly

According to Fundstrat's Tom Lee, the S&P 500 is expected to hit 7,900-8,000 by the end of August, driven by strong earnings, improving investor sentiment and continued AI spending. Speaking on CNBC, Lee noted current-quarter earnings are running over $15 above analyst estimates at the start of

According to its mid-year earnings report, Foxconn Electronics (02038) reported attributable profit of $9.306 million for the six months ended June 2026, up 50.95% year-over-year. Operating revenue reached $227 million, rising 10.14% from the prior year period. The company declared no interim

According to BlockBeats, SpaceX shares rose more than 5% intraday to $121 on August 7, extending gains a day after the unlock of nearly 900 million shares. The stock continued to rally despite the large unlock hitting the

According to Korea Financial Investment Association, on August 5, the margin loan balance (key indicator of leveraged retail investing) rebounded to 28.4 trillion won, up 1.01 trillion won from August 4's year-to-date low of 27.4 trillion won. The rebound followed a 3.76% jump in the KOSPI index.

According to The Globe and Mail, Canada is negotiating trade concessions with the United States in exchange for partial tariff relief. Sources said the discussions are aimed at reducing tariffs through bilateral trade

Canada's Ivey purchasing managers' index (seasonal adjustment) fell to 55.1 in July from 56.2 in June, indicating a slowdown in business activity.

According to Barclays strategists Corry Short and Justin Kong, data center high-yield bonds will grow to over 11% of the high-yield debt market by 2030, more than doubling from 4.6% in 2026. The firm estimates that data center expansion will require $1.3 trillion in capital expenditure and $273

According to Odaily, U.S. stocks opened higher on August 7, with the Dow Jones Industrial Average rising 0.11%, the S&P 500 up 0.32%, and the Nasdaq-100 climbing 0.78%. The VIX volatility index increased 0.92%. AI concept stocks surged at the open, led

According to MSX.COM, the U.S. optical communications sector opened higher today, with Coherent leading gains at over 11%, followed by Credo climbing more than 7%.

According to Lookonchain, U.S. Bitcoin and Ethereum spot ETFs saw net inflows of 1,673 BTC and 42,756 ETH respectively today (August 7). Over the past 7 days, Bitcoin ETFs accumulated 7,306 BTC in net inflows, while Ethereum ETFs added 85,091 ETH.

According to market data, U.S. AI hardware stocks surged on August 7, with Nvidia climbing 1.2%, Taiwan Semiconductor Manufacturing Company (TSMC) rising 1.41%, Broadcom gaining 2.06%, and ARM Holdings advancing 3.54%. Intel also posted strong gains at 3.33%, while Micron Technology

According to MSX.COM, memory chip stocks in the U.S. market declined sharply today, with SK Hynix and Seagate Technology both falling over 3%, leading the sector-wide downturn.

According to BitcoinTreasuries, Microstrategy (MSTR) stock rose above $102 for the first time in over two weeks.

According to Federal Reserve data from the New York Fed, the overnight secured financing rate (SOFR) rose to 3.65% on August 6, up one basis point from the previous day's 3.64%. The effective federal funds rate held steady at 3.63%, unchanged from the prior trading

Atlassian reported Q4 total revenue of $1.8 billion, up 28% year-over-year, with cloud revenue reaching $1.2 billion, up 31% year-over-year. The company beat cloud guidance by $49 million, driven by strong cross-sell and seat expansion. Remaining performance obligations (RPO) grew 44% year-over-year

According to a regulatory filing, Jiuyuan Group (00827) expects a loss attributable to shareholders of approximately RMB 146 million for the six months ended June 30, 2026, compared with a loss of approximately RMB 186 million in the same period last year, representing a reduction of RMB 40 million.