Global TradFi & Macroeconomics

According to the Bank of Korea Economic Research Institute report released on September 16, central banks' adjustment of foreign exchange reserves amid geopolitical risks represents portfolio diversification within the dollar-centered system rather than de-dollarization. The report found that

According to the official midpoint rate, the Chinese yuan strengthened against the U.S. dollar by 42 points to 6.7628 on September 15, marking its strongest level since February 3, 2023.

Bitcoin (BTC) fell to around $75,840 on September 16, while cryptocurrency-related stocks weakened, mainly pressured by two negative developments unfolding simultaneously: the failed procedural vote to end debate on the CLARITY Act, which did not clear the 60-vote supermajority threshold required to proceed to formal debate; and the Federal Open Market Committee (FOMC) meeting, which began the same day, with strong August CPI data leading most economists to expect a 25-bps rate hike. CLARITY Act

Seoul's bond market maintained a cautious stance ahead of the Federal Reserve's FOMC meeting. Global investment banks have adjusted their consensus to two or more rate hikes this year, prompting concerns about accelerating bond depreciation as major economies' treasury yields surge. Market

KB Securities released a report on September 16 stating that despite concerns over AI technology development delays, major global big tech companies' AI infrastructure investment and memory semiconductor orders are actually intensifying. The brokerage firm noted that while stock prices have

Elon Musk hinted at a potential merger between Tesla and SpaceX during the All-In Summit on the 15th (US local time), citing deepening collaboration across multiple domains, Yahoo Finance reported. When asked whether the two companies would remain separate, Musk responded: "If such extensive and

The US Federal Reserve faces heightened expectations for its first rate increase in three years at the September 15-16 Federal Open Market Committee meeting, with market attention turning to the Korean won's resilience. BOK Governor Shin Hyun-song stated at the Jackson Hole meeting end of last

According to Yahoo Finance, Elon Musk hinted at a potential merger between Tesla and SpaceX on September 15 (U.S. local time) during the All-In Summit. When asked whether the two companies would remain separate, Musk responded: "If there are so many areas of deep cooperation, who can imagine what me

According to ChainCatcher citing SoSoValue data, Bitwise Solana Staking ETF (BSOL) saw net inflows of $1.3463 million yesterday (September 15), marking the only positive flow among U.S. SOL spot ETFs on the day. The fund has accumulated $1.039 billion in net inflows since

According to Shanghai Gold Exchange, gold T+D fell 0.27% to 925.55 yuan per gram during the morning session on Wednesday, September 16, while silver T+D rose 0.9% to 15,546 yuan per kilogram.

Bank of America identified bond market volatility as the top risk facing markets, according to a fund manager survey reported by Business Insider on the 15th (local time). Survey respondents ranked bond market turmoil above other threats including an artificial intelligence bubble or a secondary

According to Jin10 Futures, the CFETS-NEX China money market sentiment index rose to 51 on September 16 at 08:45, up 1 point from 16:00 the previous day. Among sector participants, large banks reported 50 (up 1 point), mid-sized banks 52 (up 1 point), and non-bank institutions 50 (up 1 point).

According to analysis by Huawen Futures and Reuters reporting as of September 16, Saudi Arabia's east-west oil pipeline to Yanbu port on the Red Sea remains unrecovered, straining port capacity. The pipeline, which carries approximately 4 million barrels per day (roughly 4% of global supply), has be

Samsung Electronics announced a Q3 dividend of approximately 30 trillion won, leaving 60 trillion to 80 trillion won for further allocation. Under its 2024-2026 free cash flow (FCF) policy, the company committed to returning 50% of FCF to shareholders, totaling 90 trillion to 110 trillion won. The r

Wall Street analysts are urging the Federal Reserve to raise interest rates one day ahead of the Federal Open Market Committee (FOMC) decision, warning that failure to act could trigger a harsh bond market response. Michael Kramer, founder and CEO of Mott Capital Management, noted that the 3-month

According to Yonhapinfomax, the USD/KRW exchange rate hit 1,364.60 won on September 16 at 6 a.m. local time, rising 18.40 won from the previous day's early morning close and marking a year-high as U.S. Treasury yields soared overnight. The 10-year Treasury yield climbed to 5.0450%, the highest

According to Yonhap Infomax, after Samsung Electronics' 30 trillion won dividend payout in Q3 2026, between 60–80 trillion won remains for allocation, with investment banks forecasting divergent share buyback and cancellation ranges from 10–40 trillion won. The variance stems from differing

According to Mott Capital Management founder Michael Cramer, ahead of the Federal Reserve's FOMC decision today, market pricing strongly signals expectations for an interest rate hike. Cramer noted that 3-month Treasury bills are trading more than 40 basis points above the effective federal funds ra

A Bank of Korea Monetary Policy Committee member raised concerns about potential repatriation of Japanese overseas investment funds impacting US Treasury supply and global long-term interest rates, according to meeting minutes released on September 16. The committee member highlighted risks from Jap

According to three trade sources, Saudi Arabia notified European refiners on September 16 that crude oil shipments scheduled for September loading have been canceled following the closure of the east-west oil