Global TradFi & Macroeconomics

According to Nikkei, SK Hynix single-stock leveraged ETF trading in Korea is causing abnormal share price volatility on July 12. The stock's 20-day annualized volatility surged above 110%, compared to just 15% for the S&P 500 benchmark. Launched in May, the leveraged ETF is designed to deliver 2x re

South Korea's KOSPI stock market triggered circuit breakers six times in the first seven months of 2026, accounting for half of all circuit breaker activations since the mechanism's introduction in 2000. The sidecar system, which temporarily halts program trading, was activated 34 times in 2026

According to Herald Economy, this month Korean retail investors' deposited funds have plummeted from approximately 137 trillion won to 107 trillion won, a decline of roughly 30 trillion won. The withdrawal accelerated in recent days, with 6 trillion won withdrawn in a single day as retail investors

According to Korea Exchange, as of July 12, South Korea's KOSPI market experienced six circuit breaker halts this year, accounting for half of all such occurrences since the mechanism's introduction in 2000. The market also recorded 34 trading halts (sidecars) through July, 13.6 times the

According to a Wall Street Journal survey, the probability of a U.S. economic recession has declined to 25% as of the latest assessment, down from 33% in April.

According to a Wall Street Journal survey, U.S. economists revised upward their 2026 gross domestic product growth forecast to 2.1% from 2% estimated in April.

According to a Wall Street Journal survey, economists expect U.S. consumer price inflation (CPI) to reach 3.4% this year, up from the 3.2% forecast made in April.

According to Ukraine's General Staff, Ukrainian forces struck the Syzran refinery in Russia's Samara region early on July 12. Additionally, Ukrainian forces attacked 10 oil tankers and 4 ferries operated by Russia in the Azov

According to RBC Wealth Management Senior Portfolio Strategist Thomas Garretson, the Federal Reserve could either skip rate hikes entirely or raise rates three times in 2026, potentially reversing the 75 basis points in "insurance cuts" implemented under former Chair Jerome Powell in 2025. As of

Shinhan Asset Management's SOL Semiconductor Front-End ETF recorded a year-to-date performance of 88.70% as of the closing price on the 9th, according to DataGuide on the 12th. The fund's six-month and one-year returns reached 77.74% and 154.32% respectively. Net assets surged from 36.2 billion

Korean exchange-traded fund (ETF) market saw Chinese semiconductor and oil-related products lead weekly gains during the period from January 6 to 10, while aerospace, defense, and AI semiconductor ETFs that previously drove the market posted double-digit declines, according to Korea Exchange data. T

Korean financial regulators and industry experts are debating stricter controls on single-stock leveraged ETFs for Samsung Electronics and SK Hynix following excessive speculation since their May 27 listing. From June 1 to June 10, individual investors net purchased ₩1.66 trillion worth of SK Hynix

SpaceX closed at $145.3 on the 10th (local time), marking its first month of trading 8% above its IPO price of $135 but 36% below the intraday high of $225.64 recorded on the 16th of last month. The decline left 100% of SpaceX-holding customers at NH Investment & Securities in loss territory as of t

According to the financial investment industry, South Korean covered call ETFs accumulated 26.77 trillion won in net assets as of July 9, up 11 trillion won from the start of 2026, as investors seek downside protection amid market volatility. The KOSPI index fell more than 10% during the period,

According to Maeil Business Newspaper, SpaceX traded at its lowest level of $145.30 on July 10, down 36% from the intraday high of $225.64 recorded last month but still 8% above its IPO price of $135. The majority of early investors are now in loss positions, with average losses of -15% as of July 9

According to Korea Exchange data, individual investors in South Korea made net purchases of 1.66 trillion Korean won (approximately $1.28 billion USD) in seven SK Hynix single-stock leveraged ETF products between June 1 and July 10. During the same period, institutional investors sold 1.57 trillion

According to Korea Exchange, during the week ended July 10, Chinese semiconductor and technology ETFs led domestic listed fund gains. KODEX China Tech Top 10 rose 5.70%, while crude oil and covered call strategy products also climbed. KODEX China Keuka-i Star 50 and SOL China Growth Industries

According to F&Guide, 78% of KOSPI-listed companies on July 12 raised their 12-month operating profit forecasts, marking the highest ratio in history and exceeding previous records of 64% and 70%. SK Hynix, Samsung Electro-Mechanics, and LG Innotek emerged as prime candidates for earnings

According to DataGuide, on July 12, Shinhan Asset Management's Semiconductor Advanced Process ETF recorded year-to-date returns of 88.70% as of July 9. The fund's six-month and one-year performances reached 77.74% and 154.32%, respectively. The ETF focuses exclusively on South Korea's advanced

US President Donald Trump declared the end of a ceasefire with Iran on July 8 ahead of a NATO summit, one day after US forces struck Iran again. Bond and commodity markets reacted immediately: the US 10-year Treasury yield climbed to 4.58%, rising 0.1 percentage points for the week, while Brent