Global TradFi & Macroeconomics

Sky Network TV (SKT.NZ) rose 7.1% at market open in Wellington today (August 27).

According to Jin10 data on Aug 28, based on CME FedWatch data, the Federal Reserve has a 63.5% probability of holding rates unchanged in September, and a 36.5% probability of hiking by 25 basis points. For October, the market prices a 47.3% chance of unchanged rates, 43.4% for a 25bp hike, and 9.3%

According to Newsis, on August 25-27, Bitcoin recovered to $80,000 for the first time in months, triggering a sharp rally in crypto-related stocks both domestically and globally. Circle, the USDC stablecoin issuer, surged 55% from its August 3 low of $57.84 to $89.91, while Coinbase climbed over 30%

According to industry sources, exchange-traded products (ETPs), including ETFs and ETNs, will be excluded from trading on the Korea Exchange's aftermarket when it opens next month. The decision marks a policy reversal from earlier plans to permit ETP trading, reportedly due to mounting volatility co

US stock indexes rose on August 27 (local time) as NVIDIA's significantly upwardly revised revenue forecast eased concerns that the artificial intelligence boom had ended. NVIDIA shares surged 8.74% to 227.98 after the company projected fiscal 2028 revenue growth of approximately 70%, far

Bernstein analyst Gautam Chhugani cut the price target on Strategy (Nasdaq: MSTR) stock from $450 to $350 on Aug. 25 while keeping an 'Outperform' rating. The analyst attributed the 22% target reduction to his updated

According to KOSCOM ETF Check, on August 27, Target Date Fund (TDF) ETFs listed in South Korea saw inflows of 1.6659 trillion won over the past year, as investors seek to reduce portfolio volatility amid market fluctuations. TDF ETFs allocate investments across both equities and bonds, providing por

According to Bernstein analyst Gautam Chhugani, on Aug. 25, the firm trimmed its MicroStrategy (Nasdaq: MSTR) price target from $450 to $350, a 22% reduction, while maintaining an Outperform rating. The cut reflects updated Bitcoin cycle outlook and equity dilution concerns. Despite the reduction, t

Matthew Sigel, head of digital asset research at VanEck, distinguished Bitcoin's political risk from that of altcoins in a CNBC interview on Aug. 26, stating that Bitcoin remains resilient under a Democratic administration while 'the rest of cryptos might have a problem.' Sigel argued that Bitcoin's

US Treasury yields rose slightly on August 27 (US Eastern Time), with the 10-year note climbing 0.80 basis points to 4.6720% as of 3pm. Oil prices surged after reports indicated the Trump administration repeatedly told mediators it has no interest in returning to the June ceasefire memorandum of

According to New York forex market, the US Dollar index held flat at 99.15 on August 27, as foreign exchange participants digested mixed inflation data and refrained from large bets ahead of Federal Reserve Chair Kevin Warsh's closely watched speech on August 29. Data released on August 26 showed t

Symtek, a module substrate manufacturer, saw its stock close at 126,900 won on the 27th, rising 14,200 won or 12.60%, following a major facility investment announcement. The company disclosed on the 25th a 274.2 billion won investment decision to expand production capacity for SoCAMM memory module s

According to Korea Economic Daily, Semtech announced a 274.2 billion Korean won investment expansion plan on August 25 to boost production capacity for SOCAMM and MCP substrate modules. The stock surged 12.6% to 126,900 Korean won on August 26, marking a 53% gain for the month. Analysts attributed t

The Bank of Korea raised its base interest rate from 2.75% to 3.00% on the 27th at 9:50 AM, marking the first back-to-back rate increase in 3 years and 7 months since the April 2022-January 2023 tightening cycle. KOSPI closed at 6912.27, up 104.16 points (1.53%), but failed to break the 7000 level a

Lee Hyuk-jin, Deputy General Manager at NH Investment & Securities Asset Management Consulting Division, predicted another stock market correction in September during a financial seminar on August 26 at Daegu Grand Hotel. Lee stated foreign investors sold 180 trillion won worth of securities in the

According to Newsis, the Bank of Korea raised its benchmark interest rate by 0.25 percentage point to 3.00% on August 27, marking a back-to-back hike after a 3-year, 7-month pause. KOSPI initially surged over 2% to approach the 7,000-point level, but retreated following the rate announcement,

According to sources, the Trump administration is considering an increase of about 500 million gallons to 2027 biofuel blending mandates to offset an upcoming exemption policy for small refineries.

According to NH Investment & Securities, on August 26, the company's asset management consulting director Lee Hyuk-jin forecasted during a financial seminar in Daegu that South Korea's stock market would experience another adjustment in September. He recommended investors actively utilize this

According to Jin10, Canada's top economists told the finance minister on Aug 28 that damage from escalating U.S. tariffs should be manageable, potentially strengthening Prime Minister Kanie's negotiating position. The finance minister convened chief economists from major Canadian banks in Toronto to

Marvell Technology delivered a record fiscal second-quarter, beating revenue and earnings estimates as spending on artificial intelligence infrastructure boosted demand for its networking, connectivity, and custom silicon products. The chipmaker reported revenue of $2.739 billion, up 37% from a