Global TradFi & Macroeconomics

According to Gate data, South Korea's KOSPI index gained 3.3% intraday to close at 5,737.91 points on October 16. Major component stocks including SK Hynix rose 2.22% and Samsung Electronics gained 1.79%.

According to South Korea's Ministry of Economy and Finance, as of October 7, the RFI-K (Offshore Won-Handling Institution) system registration list included only 10 domestic bank overseas branches, with no foreign financial institutions registered. The registered institutions comprised Woori

According to Yahoo Finance, ING economist James Nuttall stated on October 16 that U.S. private-sector wage growth has stalled at just 3%, significantly below inflation rates. Nuttall noted that while rate hikes will have limited impact on energy and AI data center investments, moderating wage growth

According to Yonhapinfomax, the PLUS 200 Inverse 2X ETF, operated by Hanwha Asset Management, plummeted to 80 won during intraday trading today (October 16), a 57.45% drop from the previous close of 212 won and 62.43% below its net asset value (NAV) of 212.95 won. The anomalous trade

Cathie Wood's ARK Investment Management bought 168,633 Rocket Lab (RKLB) shares worth $9.32 million on Thursday (Oct 15), as the company highlighted its hardware's role in NASA's Perseverance rover reaching a record 28.1 miles on Mars on Oct 11. The purchases came despite RKLB stock sliding 7% Thurs

According to BlockBeats, Elon Musk announced today that Tesla will begin production of its Roadster sports car in 2028.

China's central bank conducted 60 billion yuan in 7-day reverse repo operations today at a rate of 1.40%, unchanged from the previous operation.

US AI and semiconductor stocks lost over $1 trillion in market capitalization this week as the Philadelphia Semiconductor Index fell approximately 12% from its early October highs. The selloff was triggered by a sharp decline in Korean semiconductor stocks, concerns over Chinese chipmaker

Bitcoin (BTC) rebounded to $82,340 on October 16. U.S. Spot Bitcoin ETFs recorded approximately $681 million in net outflows last week, and overall fund flows remained negative this week. Block Scholes analyst Thahbib Rahman reported that Bitcoin’s 90-day correlation with stocks fell to approximately 40% from its February peak of 62%. Bitcoin ETFs Recorded $681 Million in Net Outflows Last Week According to market data cited by Investing.com, U.S. Spot Bitcoin ETFs recorded approximately $681 mi

The Chinese yuan strengthened to 6.7220 against the U.S. dollar today (October 16), rising 33 pips from the prior session's midpoint of 6.7253. The offshore yuan closed the previous trading day at 6.6916, with the night session finishing at 6.6914.

French bond yields are rising above those of Greece and Italy, while US stock markets remained near record highs through last week despite 10-year Treasury yields reaching 5.3%. Japanese asset managers are shifting funds from French bonds to German bonds, and some market observers predict French 10-

According to Business Insider, on October 15, U.S. AI and semiconductor stocks erased over $1 trillion in market value this week, with the Philadelphia Semiconductor Index declining roughly 12% from early October highs. The selloff was triggered by multiple factors: outflows from Korean chipmakers S

According to the Korea Exchange disclosure channel KIND, ETF price discrepancies reached 52 disclosure cases on October 15, compared to a median of 10 cases since the regulatory tightening on August 19. This marks the third-highest single-day count, following October 2 (62 cases) and

According to the New York Times on October 15, Netflix dismissed Chief Content Officer Bella Bajaria and appointed Peter Rice, a veteran executive from Disney and Fox, as her successor, effective next week. The move follows Netflix's announcement of approximately 1,000 job cuts the previous day as t

According to Jin Lian Chuang, on October 16, China's gasoline and diesel retail prices are set to rise 200 yuan/ton following a 4.26% upward adjustment in reference crude oil, which averaged $101.95 per barrel. The next pricing window is scheduled for October 29 at 24:00 Beijing time, based on the c

According to Lookonchain monitoring data, a wallet associated with Bitcoin treasury company Hut 8 deposited 1,589 BTC worth approximately $130 million to multiple exchanges over the past two days, suggesting the company may be selling portions of its bitcoin holdings. Hut 8 currently holds 10,300 BT

Fifteen macroeconomic experts surveyed by Yonhap Infomax predict the Bank of Korea will hold its benchmark interest rate at 3.00% at next week's Monetary Policy Board meeting. Experts cited the need to assess the effects of consecutive rate hikes in July and August. The survey, conducted on the 16th

South Korean Vice Finance Minister Kwon Dae-young chaired an inter-agency market monitoring meeting on the 16th, pledging to closely monitor whether stock market volatility spreads to bond, foreign exchange, and short-term funding markets. The meeting, held at the Government Complex in Seoul,

According to Yonhapinfomax's survey of 15 domestic and foreign financial experts on October 16, South Korea's central bank is expected to hold its benchmark rate at 3.00% at next week's monetary policy committee meeting. Of the 15 surveyed experts, 14 anticipated an additional rate hike in

According to Jin10, Myanmar's Thanlyin refinery, located near Yangon, resumed commercial operations on Wednesday (October 16) for the first time in over a decade. The facility's first phase aims to reduce the country's dependence on imported gasoline and aviation fuel. Upon completion, the refinery