Global TradFi & Macroeconomics

According to the Korea Exchange, on July 13, KOSPI triggered its seventh circuit breaker in 2026 as concurrent selling by foreign and institutional investors drove an intraday decline of over 8%, halting program trading. The decline was led by semiconductor heavyweights Samsung Electronics and SK

According to JPMorgan Chase, the firm reiterated its 'overweight' rating on Tencent Holdings (00700.HK) today with a target price of HK$690. The bank cut its 2026 non-IFRS earnings per share forecast by 5% to 28.47 yuan and raised the 2026 capital expenditure forecast to 200 billion yuan,

Korea Investment & Securities released a report on the 14th analyzing single-stock leveraged ETF trading volumes amid recent KOSPI volatility concerns. The report, titled 'Understanding Leveraged ETFs: Examining the Impact on Volatility Expansion,' found that Korea's single-stock leveraged ETF tradi

Robeco Asset Management held a briefing on the 14th in Seoul, where executives forecast that Korean stocks will face continued volatility due to high artificial intelligence (AI) exposure. Joshua Crabb, Asia Pacific Equity Head at Robeco, and Chris Berkouwer, Global Equity Portfolio Manager,

According to Robeco, South Korea's stock market will experience sustained volatility in the coming months due to high artificial intelligence exposure, while equities remain undervalued relative to earnings, the global asset manager said on July 14 at a briefing in Seoul. Joshua Crabb, Robeco's

According to Axios, on July 13, JPMorgan CEO Jamie Dimon expressed uncertainty about remaining in his current role beyond three years. Dimon stated that the possibility of entering politics through the White House or other government positions is "almost nonexistent," citing his background as a

WTI crude oil rose 3% intraday to $80.53 per barrel on July 14.

According to Japan's Ministry of Economy, Trade and Industry, the country's industrial production in May grew 0.1% month-on-month, falling short of the preliminary estimate of 0.5% growth announced in June. On a year-on-year basis, May industrial production

According to British interest rate futures, traders have raised bets on Bank of England rate hike expectations, now pricing in 50 basis points of policy tightening by December, up from 40 basis points on Monday (July 14). The market has fully priced in a 25 basis point increase before

Overseas crypto exchanges listed SK Hynix and Samsung Electronics stock-based tokens for trading on May 13, with Binance supporting the SK Hynix token (SKHYB) for trading against Tether (USDT). The listings followed strong demand for SK Hynix and Samsung stock-linked perpetual futures products,

According to BlockBeats, gold prices have declined 25% from their year-to-date peak as of July 14, primarily due to higher interest rates, a stronger U.S. dollar, and rising energy costs that have increased holding expenses. Sprott market strategist Paul Wong noted that the recent decline is primar

Traders have significantly increased bets on a Bank of England rate hike, with markets now fully pricing in a 25 basis point increase by September.

According to BlockBeats, BlackRock's BUIDL fund (USD Institutional Digital Liquidity Fund) reached approximately $2.93 billion in on-chain assets on July 14, marking a new record high and reflecting growing institutional demand for tokenized U.S. Treasury products. BUIDL is now deployed across

According to Jin10 data on July 14, markets have nearly fully priced in additional U.S. Federal Reserve rate hikes, with expectations for two increases by end of March 2027. Fed Governor Christopher Waller stated that if core inflation remains elevated, the FOMC may need to consider rate hikes in th

According to MarketWatch, U.S. margin trading balances reached $1.415 trillion in May, surging 53.7% compared to the same month last year, according to FINRA data released on July 13. The growth rate of approximately 54% exceeds the 40% threshold historically associated with market overheating.

According to Bloomberg, on July 9, KOSPI's 12-month forward price-to-earnings ratio hit 6.35x, marking a valuation lower than during the 2008 global financial crisis. Despite significant gains in the index this year driven by earnings growth from Samsung Electronics and SK Hynix, the market's

According to Jin10 Futures, the CNEX (China Foreign Exchange Trade System) full-market liquidity sentiment index rose to 53 as of 14:30 on July 14, up 2 points from 10:15. By institution type: large banks reported 52 (up 2 points), mid-size banks 55 (up 3 points), and non-bank institutions 52 (up 2

India's government reported that wholesale price inflation (WPI) rose 9.87% year-over-year in June, exceeding Reuters survey expectations of 9.15%.

Today, Japan's Nikkei 225 index closed up 0.7% at 67,743.50 points, while the Tokyo Stock Exchange Topix index rose 0.8% to 4,038.98 points.

The Blue House stated on July 14 that Financial Supervisory Service (FSS) Governor Lee Chan-jin's recent remarks about difficulty finding clear solutions to single-stock leveraged exchange-traded funds (ETFs) reflect ongoing deliberations on