Global TradFi & Macroeconomics

KOSPI stocks rebounded 2.14% to 6952.92 as of 10:01 AM on July 14, recovering from the previous day's 8.95% plunge to 6806.93. The rally was driven by bargain-hunting after the sharp selloff triggered by escalating US-Iran military tensions and concerns over peak memory semiconductor valuations.

According to the Korea Depository Trust & Clearing Corporation, short-term debt (STB) issuance in South Korea reached 990 trillion won during the first half of 2026, surging 90.3% year-over-year. Securities companies led the market, accounting for over 60% of total issuance

According to Asia Economy, South Korea's KOSPI index rebounded 2.14% to 6,952.92 on July 14, recovering from a sharp 8.95% drop the previous day to 6,806.93. The rebound was driven by institutional investor buying amid oversold conditions, as markets reacted to escalating US-Iran military tensions a

Oracle (NYSE: ORCL) stock closed at $132.27 on July 13, down 6% for the day, hitting a 52-week low. The cumulative drop over the past month reached 28%. The direct trigger was S&P Global downgrading Oracle’s credit rating to BBB-, citing customer concentration risk driven by OpenAI and a projected $42 billion free cash flow shortfall in fiscal year 2027. S&P Global’s downgrade rationale: BBB-, OpenAI concentration risk, and a $42 billion shortfall According to the report, the main reasons behind

SK Group Chairman Chey Tae-won stated at a press conference on May 10 (local time) that SK Hynix would consider a stock split if more requests are received, responding to investor questions after the company's share price exceeded 2 million won. Chey clarified he has not yet received a proposal

According to Munhwa Daily, SK Group Chairman Chey Tae-won said on July 10 that if more requests come in, the company will naturally consider a stock split for SK Hynix. However, Chey noted he has not yet received such a proposal from the CFO and the matter has not been formally raised with him. SK H

According to South Korea Exchange, STX GreenLogistics jumped 29.92% to 3,300 Korean won on July 14 morning, driven by renewed closure of the Strait of Hormuz following military tensions between the U.S. and Iran. The surge reflects expectations of elevated shipping rates amid global logistics

On July 14, Hong Kong's Hang Seng Index opened lower by 0.13%, while the Tech Index declined 0.25%. The semiconductor sector led gains, with Zhaoxin Innovation rising over 3%, Lushentek up more than 2%, and Huahong Semiconductor gaining over 1%.

Federal Reserve (Fed) Governor Christopher Waller delivered a speech in New York on July 13, warning that the “demand spillover effect” caused by the AI industry’s explosive growth has become a new root cause of persistent inflation remaining at stubbornly high levels. He also said that if inflation stays high or rises further, there is still a possibility in the near term of restarting a more hawkish monetary policy. According to CME FedWatch, the market currently estimates about a 39% chance o

According to the National Australia Bank, Australia's business confidence index rose to -5 in June from -14 in May, indicating improved sentiment among business leaders.

Australia's National Australia Bank (NAB) Business Confidence Index remained unchanged at 3 in June, matching the prior month's reading, according to NAB data.

Bitcoin (BTC) gives back the gains from earlier in the week; as of July 14, it is temporarily around $62,530. About $297 million worth of BTC and ETH was transferred to Coinbase Prime ahead of a U.S. government address, sparking concerns about sell pressure. President Trump urged the Senate to pass the CLARITY Act in the final stage, and a White House adviser stressed that deliberations cannot be delayed any longer. Macroeconomic Events & Crypto Market Hotspots According to on-chain analyst Yu J

China's central bank conducted 236.5 billion yuan in 7-day reverse repo operations today (July 14), with the operating rate unchanged at 1.40% compared to the previous operation.

Taiwan's Digitimes reported that HBM4 memory chip prices are forecast to surge from approximately $2 per gigabit (Gb) in the second half of this year to $4-5 per Gb or higher next year, citing multiple industry sources. The anticipated price doubling is driven by exploding demand ahead of Nvidia's n

The Shipping Costs Index European route main contract surged over 5% during today's trading session, now standing at 2544.5 points.

According to Korea Investment & Securities on July 14, single-stock leveraged ETFs amplify rather than cause recent market volatility on the Korean stock exchange. The brokerage noted that while rebalancing activity in these products may intensify existing trends, it does not reverse intraday

According to Iran's Islamic Revolutionary Guard Corps (IRGC), two allegedly illegal supertankers were attacked in the Strait of Hormuz on July 14 and lost propulsion. The vessels had reportedly disabled their navigation systems and ignored warnings while attempting to force passage through the

According to China's interbank foreign exchange market, the USD/CNY midpoint rate rose 18 basis points to 6.7990 on July 14. Most other major currency pairs against the Chinese yuan weakened on the day, including EUR/CNY

According to Oriental Credit & Rating, on July 14, the research firm released a report stating that convertible bonds should maintain a defensive posture in the near term amid U.S.-Iran tensions, stronger Federal Reserve rate hike expectations, and weakened technology narratives. The convertible bon

SpaceX's 30-year bond credit spread surpassed 2 percentage points despite the company's BBB credit rating, exceeding even the 1.55 percentage point average for lower BB-rated bonds. The bond yield rose from 6.7% to 7.3% within two weeks of issuance, reflecting investor skepticism over long-term AI i