Global TradFi & Macroeconomics

According to Korea Securities Depository, SK Hynix announced on July 18 that mutual conversion between its Korean-listed shares and U.S. Nasdaq ADRs will be available starting July 29, the listing date of new ADR shares. The conversion will allow investors and Citibank, the depositary institution, t

One month after its initial public offering, SpaceX has lost $1 trillion in market capitalization, with its stock price falling below the IPO offering price. The sharp decline has been attributed to a major setback involving the company's next-generation Starship, whose test flights have been

According to Dow Jones Market Data, on Friday (July 17), Nvidia narrowly maintained its position as the world's most valuable company after Apple briefly surpassed it intraday. Nvidia closed down 2.21% at $202.81 per share, with a market cap of approximately $4.91 trillion, while Apple rose 0.14% to

According to the filing, UDX, an exchange recently acquired by Underdog, self-certified 7 sports event contract templates to the U.S. Commodity Futures Trading Commission (CFTC) on July 15, with plans to launch initial contracts by July 17. The templates comprise 3 baseball and 3 basketball contract

SK Group's corporate bond issuance dropped to 2.747 trillion won in the first half, a decline of more than half compared to 7.457 trillion won in the same period of the prior year, according to Yonhap Infomax 'Group Company Issuance Trends' data. The reduction reflects a strategic shift by South

BNP Paribas raised its forecast for the Bank of Korea's terminal interest rate from 3.00% to 3.25% on the 18th, according to financial sector sources. The adjustment followed the BOK's Monetary Policy Board decision on the 16th to raise the base rate by 25 basis points to 2.75%. BNP Paribas

According to Shinhan Investment Securities, SK Group's corporate bond issuance fell sharply to 2.747 trillion won in the first half of 2026, down over 50% from 7.457 trillion won a year earlier, as South Korean semiconductor firms increasingly favor equity financing for large-scale capital

According to Korea Exchange, returns on South Korea's space-themed exchange-traded funds (ETFs) have diverged sharply since SpaceX's public listing on June 12. As of July 15, seven domestic space ETFs showed performance gaps exceeding 30 percentage points, with variations linked to differences in Sp

According to Korea Exchange, as of July 16, KOSDAQ declined when KOSPI gained for 32 trading days this year, representing 24% of the 132 total trading days—a record high since the index launched in 1996 and 1.8 times higher than the 13% recorded in 2025. KOSDAQ closed at 791.84, down 4.53%,

According to the Financial Supervisory Service disclosure system, South Korea's Hanwha Galleria (ticker: 452260) signed contracts to acquire two Seoul properties over a two-week period. On July 14, the company purchased land in Gangnam's Sinsa district (2,749.5 square meters) for 236.7 billion

South Korea's Cash Management Account market recorded 104.066 trillion won in total balance as of May 14, according to Korea Financial Investment Association data released on May 18. The balance grew 4.1% from 100.004 trillion won on January 2, marking a 4.0656 trillion won increase over six

According to the Financial Investment Association of Korea, cumulative assets in CMA (Comprehensive Money Management Accounts) reached 104.066 trillion Korean won as of July 14, representing a 4.1% increase from 100.4 trillion won on January 2, 2026. The market expanded by 4.066 trillion won in

According to the Korea Exchange, the KOSPI index fell to 6,800 this week as major U.S. tech companies and SK Hynix prepare to report Q2 earnings next week. Market participants are closely monitoring whether the earnings results can ease concerns over a slowdown in artificial intelligence

Korean stock market volatility reached unprecedented levels as single-stock leveraged ETFs amplified price swings through self-reinforcing feedback loops. The VKOSPI index hit a record 97.99 on the 29th of last month and remained elevated in the 80-90 range afterward, while circuit breakers

Korean stocks inverse ETFs dominated performance rankings during a month-long market correction from June 17 to July 16, with RISE 200 Futures Inverse 2X delivering 41.10% returns. The surge in inverse ETF performance occurred as the KOSPI index fell 21.8% from 8,726.60 to 6,820.60 and KOSPI 200

According to South Korea's stock exchange, Samsung Asset Management's KODEX 200 ETF received 186.7 billion Korean won in net inflows from individual investors from July 10 to 15, marking the highest net inflows among domestic ETFs during the period. Domestic benchmark indices and U.S. benchmark ind

According to Newsis, South Korea's VKOSPI volatility index (Korea's fear gauge) reached a record intraday high of 97.99 on July 16, as single-stock leveraged ETFs triggered amplified market movements through forced rebalancing. The self-amplifying structure—where ETF managers must rebalance daily to

According to Yonhapnews, during one month of market adjustment from June 17 to July 16, South Korea's KOSPI fell 21.8% to 6,820.60, with inverse 2X ETFs dominating performance rankings. The RISE 200 Futures Inverse 2X ETF recorded the highest return at 41.10%, tracking double the daily decline of th

According to Barron's, SK Hynix ADR rose 1.1% to $154.03 on Friday (July 17), outperforming its main U.S. competitor Micron Technology, which fell 0.5%. The gain likely reflected South Korea's Constitution Day holiday, which closed Seoul markets for the day, allowing U.S. investors to position in SK

Gold futures declined 0.15% to close at $4063.42 per ounce on local time May 15, marking approximately 24% below the January 29 peak of $5354.8 per ounce. The decline followed rising US 10-year TIPS rates, which increased from 1.7% to 2.2% since March, and a strengthening dollar index that climbed f