Global TradFi & Macroeconomics

Korean stocks plunged on the 16th, with the KOSPI falling 6.37% to close at 6,820.60, erasing the previous session's 6.24% rally. The sharp reversal came as semiconductor sector concerns resurfaced, with news of CoreWeave considering hedging strategies against

This month, the Korean won has surged 0.9% against the US dollar, reaching 1,477.70 per USD, outperforming all other Asian emerging market currencies. Local exporters are expected to convert their dollar earnings into won during this

USD/JPY declined to touch 162 during intraday trading on July 16, down 0.11% on the day.

According to BlockBeats, on July 16, Chanxin Technology, China's leading domestic DRAM chip maker, opened for subscription on China's sci-tech board. Underwriter predictions estimate the online subscription winning rate at 0.30% to 0.70%, with a median expectation of 0.45%, roughly 10 to 20 times hi

According to Jin10 Futures reporting on Shanghai Futures Exchange data, as of July 16, pulp futures warehouse inventories increased to 317,833 tonnes, up 2,171 tonnes from the previous trading day. Pulp futures factory inventories held steady at 20,000 tonnes. Among other energy and chemical futures

According to Cailian Press on July 16, China's major stock indices declined broadly, with the CSI 500 Index falling over 4%, the Shenzhen Component Index down nearly 2%, and the ChiNext Index down nearly 3%. Shanghai and Shenzhen markets recorded combined turnover of 2.4 trillion yuan. The

According to a Bloomberg survey released on July 16, about two-thirds of economists surveyed expect European Central Bank President Christine Lagarde to complete her eight-year term, which expires in October 2027, without stepping down early. Despite recurring speculation since last year about a

Hoban Group increased its stake in Hanjin KAL to 20.15% as of July 16, according to disclosures filed with Korea's Financial Supervisory Service. The conglomerate's subsidiaries Hoban Hotel & Resort and Hoban Industrial acquired an additional 919,074 shares this month. The move narrows the gap with

European equity indexes opened mixed on July 16. The FTSE 100 (UK) fell 62.42 points, down 0.59% to 10,453.50, while the DAX 30 (Germany), CAC 40 (France), and Italy's FTSE MIB declined by 0.11%, 0.06%, and 0.05% respectively. The Stoxx 50 rose 8.37 points, up 0.13% to 6,273.95, and Spain's

According to Jin10, Shanghai gold's midday fixing price on Thursday, July 16, 2026, reached 878.07 yuan per gram, trading 1.48 yuan higher than the international gold price of approximately 876.59 yuan per gram.

According to CEO Phong Le on Bloomberg Television this week, Strategy's $3 billion cash reserve strengthens liquidity and reassures preferred shareholders, with no change to the company's Bitcoin thesis. Strategy made no BTC purchases or sales between July 6 and 12, holding 843,775 BTC acquired

According to E-Daily, Hoban Group's stake in South Korean airline holding company Hanjin Kal (180640) increased to 20.15% on July 16, with the investment spread across four subsidiaries. The group has now narrowed its shareholding gap with chairman Jo Won-tae and related parties, who hold 20.56%, to

According to Natixis Chief Economist Christopher Hodge, a former chief economist at the New York Federal Reserve, the Federal Reserve will maintain interest rates unchanged throughout 2026. Hodge previously highlighted potential risks in Fed Chair Warsh's hawkish policy

According to Odaily and Gate data, Japan's Nikkei 225 index fell 1,915.97 points, down 2.79%, closing at 66,835.54 on July 16 (Thursday), with chipmaker Kioxia dropping 14%. South Korea's KOSPI index slid 466.06 points, down 6.4%, to 6,818.35, while SK Hynix declined 11% and Samsung Electronics fell

According to Jin10, French energy giant Total Energies said on July 16 that its second-quarter oil trading business performed strongly amid market volatility triggered by Middle East tensions, while natural gas trading faced headwinds. The company forecast oil trading profits will maintain first-qua

According to Bloomberg, Uber Technologies agreed on Thursday to acquire German food delivery company Delivery Hero SE for $14.8 billion, offering 41.50 euros ($47.60) per share. The deal covers most of Delivery Hero's global operations across 50 markets. As part of the transaction, Uber will acquire

Foreign institutional investors including BlackRock, Fidelity, and Norway's sovereign wealth fund increased their stakes in Korean listed companies as of end-June, according to CEO Score data released on the 15th. The research firm reported 123 cases where foreign entities held 5% or more stakes in

According to Iran's student news agency ISNA, Iranian officials stated on July 15 that the Strait of Hormuz will remain closed until the U.S. accepts Iranian law. Meanwhile, the U.S. military reported striking an oil tanker attempting to reach Iranian ports. Two Iranian crude oil tankers have

According to CEO Score, overseas investors held stakes of 5% or more in 123 of South Korea's top 500 listed companies as of June, up from 95 companies a year earlier. BlackRock led foreign investment activity, becoming a major shareholder in 19 domestic firms including Samsung Electronics (5.14%), S

According to BlockBeats citing Hyperinsight monitoring, a whale address (0xf929) that began shorting SPCX on July 6—a day before the stock's inclusion in the Nasdaq-100 index on July 7—has accumulated unrealized profits of $1.167 million with a return rate of 327.2% as of July 16. The address