Global TradFi & Macroeconomics

Israeli payments company Nayax refused to pay a ransom demanded by hackers who stole transaction records and business documents from a cloud account linked to one of its subsidiaries. The Nasdaq- and Tel Aviv-listed company confirmed on July 14 that data had been exfiltrated, six days after first di

US stock markets declined on the 17th (local time) as semiconductor stocks faced heavy selling pressure. The Dow Jones Industrial Average fell 406.55 points (0.77%) to close at 52,146.42, the S&P 500 dropped 76.08 points (1.01%) to 7,457.69, and the Nasdaq Composite declined 361.70 points (1.40%) to

Korean stocks showed divergent performance through the 16th of this month, with the KOSPI small-cap index declining just 1.6% while the large-cap index plunged 20.6%, according to Korea Exchange data. The semiconductor sector's sharp downturn drove large-cap underperformance, as Samsung

The U.S. dollar declined slightly on July 17 as safe-haven demand weakened following a stabilization in technology stock sell-offs on Wall Street. The dollar exhibited a 'strong-early-weak-late' pattern, largely driven by equity market movements. According to Yonhap Infomax data at 4pm ET, the dolla

According to Korea Exchange, South Korea's large-cap stocks fell 20.6% through July 16, underperforming both the broader KOSPI index decline of 19.5% and small-cap stocks, which fell only 1.6%. Mid-cap stocks declined 6.2% over the same period, showing resilience in a weakening

According to Yonhapinfomax, the USD/JPY exchange rate fell 0.017 yen to 162.387 on July 17 (EDT) as risk sentiment recovered following an initial tech-driven selloff. The Philadelphia Semiconductor Index declined 5.67% intraday before moderating to a 1.63% loss, while the Nasdaq Composite ended

According to Baker Hughes, U.S. oil rig count increased by 7 this week to 588, marking the highest level since April 2025 and the fifth consecutive week of gains. The increase brings total rigs 44 units or 8% higher than the same period last year. Oil drilling platforms specifically rose 7 to 452, t

According to Panama's Ministry of Economy and Finance, on Friday the government announced it will acquire the remaining 41% private stake in Petroterminal de Panama, achieving complete national ownership of the strategic energy and logistics asset. The move aims to strengthen state control over

GraniteShares' 2X Long LCID Daily ETF (LCDL) entered delisting procedures after its net asset value turned negative following Lucid Group's stock collapse. According to a GraniteShares announcement on the 17th (local time), the leveraged ETF tracking Lucid stocks at 2x exposure saw its NAV drop

According to GraniteShares announcement on July 17, the GraniteShares 2X Long LCID Daily ETF (LCDL) has been delisted after its net asset value turned negative following a severe market event. Lucid Motors' stock plunged 55% on July 14 after bankruptcy rumors emerged, triggering automatic

U.S. housing starts surged 19% in June to a seasonally adjusted annual rate of 1.47 million units, rebounding from May's six-year low of 1.20 million units, the Commerce Department announced on Friday. The recovery exceeded economists' forecasts of 1.31 million units, yet gold prices remained

According to Kitco News, citing Commerce Department data announced Friday, U.S. housing starts surged 19% in June to a seasonally adjusted annual rate of 1.47 million units, significantly exceeding economist expectations of 1.31 million units. However, building permits fell 3% to 1.37 million units,

South Korean investors redirected holiday spending from travel and shopping to stock investments during the first half of the year, according to financial sector data. The five major banks reported 3,077,529 early terminations of individual customer savings and deposits in the first half, an 11.39%

According to Benzinga, Micron Technology (MU) and SanDisk (SNDK) have plunged this month to become among the cheapest AI stocks in the Nasdaq-100 index, with forward price-to-earnings ratios of 6.2x and 8.1x, respectively. Micron dropped 23.3% in July and is heading toward its worst monthly

Semiconductor stocks in South Korea's KOSDAQ market increased 88% in the top 100 companies by market capitalization over one year, rising from 17 companies in late July last year to 32 companies this month. This year through the 16th, KOSPI rose while KOSDAQ fell on 32 out of 132 trading days,

According to Yonhapnews, semiconductor and related equipment companies in KOSDAQ's top 100 by market capitalization surged to 32 as of July 14, up from 17 a year earlier, marking an 88% increase. Meanwhile, biotech, pharmaceutical, and medical equipment firms showed little change, with 11, 9, and 8

SK Hynix's American Depositary Receipt (ADR) began trading on Nasdaq on the 10th (local time), drawing praise from NVIDIA CEO Jensen Huang who called the listing 'incredibly successful.' The ADR allows global investors to trade SK Hynix shares without navigating complex procedures required for

According to Dailyian, SK Hynix's American Depositary Receipt (ADR) debuted on Nasdaq on July 10 (local time), closing up 13.1% from its IPO price of $149 to $168.49, with an intraday high of $177. The listing improved investor accessibility to the South Korean chipmaker and is expected to expand

iShares Silver Trust, the world's largest silver ETF, increased its holdings by 67.49 tons on July 17, bringing total holdings to 15,061.32 tons.

According to Yonhapnews, South Korean President Lee Jae-myung on July 15 directed the government to introduce corrective measures for single-stock leveraged exchange-traded products (ETFs and ETNs) linked to Samsung Electronics and SK Hynix, citing a monthly average decline of 47% in leveraged