Global TradFi & Macroeconomics

International gold prices fell over 1% on the 16th (US Eastern Time) as Iran instructed Yemen's Houthi rebels to prepare for a Red Sea blockade if the United States strikes Iranian power facilities, raising inflation concerns. At 2:53 PM ET on the 16th, August delivery gold futures (GCQ6) on the

According to CME COMEX data, August gold futures fell $64 (down 1.58%) to $3,987.80 per troy ounce on July 16 in afternoon trading, marking the lowest level since June 30. Iran has instructed Yemen's Houthi militant group to blockade the Red Sea and Strait of Bab el-Mandeb if the U.S. attacks

According to EU Copernicus satellite imagery, at least four oil tankers are transporting cargo near UAE's Fujairah port and Oman's Sohar port. These areas serve as major transshipment hubs for vessels transiting the Strait of Hormuz, which then redirect cargo to final destinations. The timing of ves

According to market analysts, on July 16, chip stocks declined sharply amid investor concerns about whether massive artificial intelligence capital expenditures would generate sufficient returns to justify current valuations, with deteriorating U.S.-Iran tensions further dampening risk

Since South Korean government bonds were included in the World Government Bond Index (WGBI) in late March 2026, foreign investors have been making large-scale bond purchases. Cumulative net inflows reached 42 trillion won through mid-July, exceeding market expectations. However, a closer

US Stocks fell on July 16 (local time) as the semiconductor sector dragged down major indices, with the SOX semiconductor index plunging 4.29%. The Nasdaq Composite declined 1.47% to close at 25,881.95, while the S&P 500 dropped 0.51% to 7,533.77 and the Dow Jones Industrial Average fell 0.20% to 52

Samsung Active Asset Management and NH-Amundi Asset Management listed optical communication infrastructure themed ETFs on the 14th, according to Korea Exchange on the 17th. The two asset managers launched competing products targeting next-generation AI infrastructure as global big tech companies

SK Hynix ADR-to-local stock mutual conversion becomes available from May 29, yet analysts predict the ADR premium exceeding 50% will persist despite arbitrage activation. The Korea Depository attributes this to individual investor conversion quotas and procedural constraints that limit practical mut

According to the Korea Exchange, Samsung Active Asset Management and NH-Amundi Asset Management listed optical communication and satellite network-themed ETFs on July 14, 2026. The listings reflect growing investment focus on next-generation AI infrastructure as tech giants shift from power grid

According to Korea Exchange, SK Hynix's American Depositary Receipts (ADRs) listed on Nasdaq on July 10 have maintained a 14–50% premium relative to shares traded on the Korean exchange. As of July 15, ADRs traded at approximately 25% above domestic shares; on July 16, the premium widened to 42%.

On July 14, IBM announced a downward revision to its Q2 revenue guidance, cutting expectations from $17.8 billion to $17.2 billion, triggering a 25.21% stock collapse—the company's worst single day in 58 years. The same day, Oracle's credit rating was downgraded to BBB- by global rating agencies

According to South Korean financial market sources, SK Hynix's American Depositary Receipts (ADRs) maintain a premium of over 50% versus domestic shares as the company launches mutual conversion between its domestic stock and U.S.-listed ADRs on July 29. Financial analysts expect the premium to

According to New Mexico State Land Commissioner on July 14, the state regulator rejected Energy Transfer LP's application for natural gas pipeline right-of-way and commercial lease, determining that the project does not serve the state's best

According to the National Association of Realtors, the U.S. Pending Home Sales Index dropped 5.4% in June, significantly worse than the 0.5% decline economists had forecasted. The NAR announced the data on Thursday, citing elevated mortgage rates and record-high home prices as headwinds for the

On Thursday, July 16, offshore yuan (CNH) traded at 6.7732 against the U.S. dollar by New York close (Friday 04:59 Beijing time), down 45 pips from Wednesday's close. The pair ranged between 6.7649 and 6.7755 during the

On July 16, spot gold fell 2.08% to $3,975.93 per troy ounce during New York trading, approaching the June 30 low of $3,943.29. Spot silver declined 3.97% to $55.5054 per ounce, while spot palladium fell 5.09% to $1,254.10 per ounce. COMEX gold futures fell 1.79% to $3,979.20 per ounce, and COMEX si

According to Jeff Schmid, president of the Kansas City Federal Reserve, on July 16 at an economic forum in Nebraska, inflation remains his primary concern as it continues to run hot and above the Fed's 2% target for an extended period. Schmid stated that inflationary pressures have broadened

Netflix reported Q2 earnings on the 16th (local time) that missed revenue expectations, triggering a 7.90% stock decline in after-hours trading. The streaming company posted revenue of $12.56 billion, falling short of the $12.59 billion estimate, while Q3 EPS guidance of $0.82 came in below

According to Netflix, the company reported Q2 earnings per share of $0.80 and revenue of $12.56 billion on July 16, exceeding the EPS forecast of $0.79 but falling short of the revenue expectation of $12.59 billion. The company guided Q3 EPS at $0.82 against analyst consensus of $0.84, while revenu

US stocks declined on May 16 (local time), with semiconductor stocks leading losses amid growing skepticism about artificial intelligence investment returns. The Nasdaq Composite fell 1.47% to 25,881.95, while the S&P 500 dropped 0.51% to 7533.76 and the Dow Jones Industrial Average declined 0.2% to