Global TradFi & Macroeconomics

On July 20, South Korea's KOSPI index fell 3.19% to 6,602.80 points at 9:04 a.m. local time, with intraday lows reaching 6,515.24 points (-4.48%). Foreign investors sold 136.8 billion Korean won worth of shares while institutions offloaded 14.3 billion won; retail investors were net buyers of 148.2

Mirae Asset Securities recorded over 1 trillion KRW in Q2 valuation gains from its SpaceX investment but now faces potential large-scale Q3 losses as the stock dropped 27% since June 30. SpaceX closed at $123.99 on July 17 (local time), down from $170.86 on June 30 and below its $135 IPO price from

Doosan Enerbility is forecast to achieve moderate growth in Q2, driven by surging power demand from AI data center expansion and the revival of the global nuclear power market. The company's operating profit is projected to reach 278.3 billion KRW, representing a 2.26% year-over-year increase,

According to Yonhapinfomax, SpaceX shares dropped 27% since the company's IPO in late June, falling to $123.99 on July 17 from $170.86 at quarter-end. The decline threatens to reverse Q2 valuation gains for South Korean brokerage Mirae Asset Securities, which holds SpaceX shares under a fair-value-t

Spot silver rose over 1% intraday on July 20, trading at $56.49 per ounce.

According to Jin10 Futures reporting external markets, Malaysian crude palm oil futures are seen opening higher on Monday, July 20, tracking broader commodity gains. Brent crude surged to its highest level since June 11 following Middle East tensions, with further gains during electronic trading Mon

From 00:00–00:15 (UTC) on July 20, 2026, BTC saw a slight gain of 0.46% within 15 minutes, with a price range of 64,573.4–65,051.0 USDT and an amplitude of 0.74%. By comparison, BTC’s price change over the past 24 hours was only -0.02%, with an intraday volatility range of just 64,278–64,970 USDT; overall, it showed extremely low volatility. The market is narrowly consolidating around $64,500, waiting for a directional catalyst. The core driver behind this round of BTC’s tight range is the conti

iM Securities forecasts the KOSPI will trade sideways through year-end rather than recover to previous highs within the third quarter, according to a report released by researcher Kim Jun-young. The outlook is driven by persistently elevated credit balance levels on the KOSPI despite recent index de

According to broker announcements, on July 19, three Chinese securities firms launched share buyback programs. Huaan Securities proposed buybacks of 100-200 million yuan, announced at 15:30, followed by Guolian Minsheng's 100-200 million yuan buyback announcement at 20:40. Combined with Guojin Secur

Hanwha Asset Management is preparing to launch a bond-mixed exchange-traded fund (ETF) focused on NAND flash semiconductor companies, targeting SK Hynix and SanDisk with a 50% equity allocation and 50% bond allocation. The move reflects the asset manager's strategy to capture AI infrastructure

Shinsegae is forecast to deliver strong Q2 2026 performance with operating profit surging over 100% year-on-year, according to estimates from 9 major Korean securities firms compiled by Yonhap Infomax on the 20th. The growth is driven by record foreign customer sales, won weakness boosting

Hanwha Systems is projected to report strengthened Q2 2026 earnings driven by increased defense exports to Gulf nations amid Middle East conflicts. Four major Korean securities firms forecast the defense electronics company will achieve consolidated revenue

Meili Healthcare (02373) issued a profit warning for the first half ending June 30, 2026, expecting net profit of at least 235 million yuan, up at least 37% year-on-year. The company also forecast revenue of at least 1.88 billion yuan, up at least 28% from the same period in 2025. Adjusted net profi

Goldman Sachs assessed that the US stock market's bull run momentum remains strong despite recent declines, according to a Yahoo Finance report. The investment bank stated that market momentum is still robust and that more negative news would be needed to defeat the bulls. The S&P 500 has

Jung Eui-hyun, head of ETF operations at Mirae Asset Asset Management, stated in a recent interview with Herald Economy that attributing recent market volatility primarily to single-stock leveraged exchange-traded funds (ETFs) is exaggerated. Jung's comments address concerns that Samsung

SK Hynix stock fell approximately 37% over 18 trading days from a high near 3 million won in mid-last month, pushing individual investors toward losses. According to Naver Financial data on the 20th, the average purchase price for 295,591 SK Hynix investors was 1.811 million won, with an average

The Hang Seng Index declined 446 points to close at 24562 on Friday (17th) after rising for four consecutive days at the week's start, despite opening 18 points higher and reaching an intraday peak of 25166 points before falling as much as 676 points to 24332. For the week, the index still

According to Goldman Sachs, on July 18, the U.S. stock market's momentum remained strong despite a recent selloff in semiconductor shares and broader market weakness. The S&P 500 has risen 95% since the end of 2022, placing the current bull market in the top 10% of all bull markets since 1928. Goldm

According to Jung Ui-hyun, head of ETF operations at Mirae Asset Global Investments, in an interview with Herald Business on July 9, claims that single-stock leverage ETFs are a major driver of recent market volatility are overstated. Jung stated that while rebalancing by leverage ETFs can

According to Korea Exchange, last week (July 16) shares of Hanseong Corporation, Monami, and Enex surged significantly on patriotic retail buying, with multiple stocks hitting upper daily limits. Hanseong Corporation's stock jumped 237.7% from 4,300 Korean won on July 1 to 14,520 won on July 16; Mon