Global TradFi & Macroeconomics

Seoul forex dealers forecast the Korean won will face depreciation pressure on May 22 due to unresolved Middle East geopolitical tensions, but dollar selling from exporters and foreign stock purchases will cap exchange rate gains. Persistent US-Iran conflict emerged as the primary driver of won

According to China's Ministry of Commerce, Brazilian beef imports under safeguard measures reached 80% of the specified quantity on July 21. Per Ministry of Commerce Announcement 2025 No. 87, an additional 55% tariff will be imposed on current applicable tariff rates starting from the third day

According to South Korea's Ministry of Industry, Trade and Resources, Industry Minister Kim Jung-gwan is visiting Washington, D.C., from July 22 to 25 to discuss trade negotiations with U.S. Commerce Secretary Howard Lutnick and other officials. The delegation, led by Minister Kim and Trade

Samsung Electronics and SK Hynix single-stock leveraged exchange-traded funds (ETFs) faced mounting criticism approximately one month after their May 16 launch. The 16 leveraged products, introduced to repatriate overseas Korean retail investors and stabilize exchange rates, have been blamed for

According to Tencent Self-selected Stocks, on July 22, the Hang Seng Index opened down 0.61% while the Hang Seng Tech Index fell 0.71%. Semiconductor stocks outperformed, with Maxim Integrated (03986) rising over 3%, Lastour Technology and SMIC gaining nearly 2%

According to its official announcement, Bitcoin miner Ionic Digital received SEC approval for its S-1 registration statement, with class A common shares set to begin trading on Nasdaq Global Select Market on July 28 under ticker symbol IOND. The company will conduct a direct listing without

According to Bitget, India's largest asset management company SBI Funds Management listed on the Mumbai stock exchange on July 21, closing up 6.2% on its first day at 609.75 rupees per share, valuing the company at 1.24 trillion rupees, or approximately $12.89

Platinum futures contracts rose 4% intraday on July 22, trading at 415.55 yuan per gram.

According to BlockBeats, on July 22, Hong Kong storage stocks opened higher across the board. Southern 2x Long Hynix (leveraged ETF tracking SK Hynix) jumped nearly 15%, while Southern 2x Long Samsung Electronics surged over 10%. Other semiconductor stocks also gained, with GigaDevice up more

South Korea's National Pension Service (NPS), which dominates the country's pension fund sector, net purchased 28.3 billion won in Korean stocks from July 1 to July 21 despite earlier market concerns about massive selling pressure from resumed rebalancing. The buying activity intensified during the

Align Partners Asset Management, holding a 14.29% stake as Gabia's third-largest shareholder, sent an open letter to Gabia's board on the 22nd demanding measures to ensure fairness in the ongoing public tender offer. The letter characterizes the transaction as a going-private deal by controlling sha

According to the Korea Exchange, South Korea's National Pension Service bought a net 28.3 billion won in stocks from July 1–21, reversing market concerns about massive selloffs triggered by its rebalancing program restart. Between July 14–21, the fund made net purchases across five consecutive

Mizuho maintained its Outperform rating on Oracle (NYSE:ORCL) stocks with a $320 price target on the 21st (local time). Analyst Siti Panigrahi stated Oracle trades at multi-year lows despite strong fundamentals and offers the most attractive risk/reward profile among coverage stocks. The

According to Odaily, S&P Dow Jones Indices and Pantera Capital jointly launched the S&P Pantera Digital Asset Index, targeting institutional investors seeking systematic digital asset allocation. The index excludes Bitcoin and meme coins, focusing solely on tokens with real utility and actual

Deming Li fell 5.51% on July 22, as the company indicated during institutional investor meetings that it strengthened strategic inventory reserves in the second quarter. Management stated that current inventory levels can support business operations for at least the next six

According to S3 Partners, SpaceX short positions reached 206 million shares, representing 32% of the company's public float, as of July 22, with an estimated notional value of approximately $25 billion. The spike marks a significant increase from one month prior, when short positions stood at

According to MSX.COM data, U.S. stock indices closed higher on July 22, with the Nasdaq rising 1.29%, the S&P 500 up 0.89%, and the Dow Jones up 0.74%. The VIX fear index fell 8.58%. AI stocks rallied broadly, with Micron leading gains at 12.17%, followed by Teradyne up 12.07%, CoreWeave up 8.92%, A

According to Yahoo Finance, Alphabet will release its second-quarter earnings report on July 22 (U.S. time), with Wall Street expecting revenue of $116.98 billion and earnings per share of $2.95. Google Cloud Platform (GCP) revenue is forecast at $22.4 billion, marking a 64% increase compared to $13

According to Yonhapinfomax, on July 22, South Korea's Deputy Prime Minister and Finance Minister Koo Yoon-chul announced the government would maintain heightened vigilance against external uncertainties, particularly Middle East developments, while securing stable energy supplies and supply

According to Yonhapinfomax, on July 22, AlignPartners Asset Management, which owns 14.29% of Gabia shares as the third-largest shareholder, sent an open letter to the board demanding procedural fairness in the company's public acquisition. The shareholder called for excluding conflict-of-interest di