Global TradFi & Macroeconomics

According to Jin10 Futures, CBOT soybean oil futures surged 5.4% in the week ended July 10, primarily reflecting strong gains in international crude oil futures and strength in external vegetable oil markets. The U.S. Department of Agriculture supply and demand data had a neutral market impact.

According to China Securities Journal, Baotou Steel and China Northern Rare Earth recently cut their third-quarter rare earth concentrate pricing to 38,600 yuan per ton, a 0.62% sequential decline. The price adjustment ends a seven-quarter winning streak for the two rare earth

According to Shanghai Securities News, major listed Chinese aluminum companies including Tianshan Aluminum, Shenghuo Co., and Zhongfu Industrial disclosed that their earnings in the first half of 2026 doubled year-over-year, driven by elevated aluminum prices and lower aluminum oxide costs. The comp

Grayscale classified XRP as a global payments asset in a July 8 post on X, positioning it within the firm's digital asset narrative framework that categorizes cryptocurrencies by their primary uses. The classification reflects XRP's connection to cross-border payments and blockchain-based

Lee Jae-man, head of Hana Securities' Global Investment Analysis Division, issued a report on May 18 forecasting a KOSPI market peak, citing SK Hynix's market capitalization overtaking Samsung Electronics as a key signal. The scenario materialized when SK Hynix surpassed Samsung for the first time o

Overseas brokers reported the 1-month USD-KRW contract closed at 1,498.20 won on the 10th (local time) in the New York NDF market. The decline occurred as the USD-JPY exchange rate dropped significantly, exerting strengthening pressure on the Korean won alongside broader dollar weakness. Market

LG Display is forecast to report an operating loss of 129.5 billion won in Q2, marking its first quarterly loss in four quarters since last year Q2, according to a consensus of five major Korean securities firms compiled by Yonhap Infomax on the 13th. The company expects Q2 revenue of 5.6372

According to SK Securities research published July 13, South Korea's KOSPI index fell 7.57% last week to 7,475.94, entering a technically weakened market zone with declines exceeding 20% from recent highs. IT hardware was the hardest-hit sector with an 18.7% drop. Semiconductor stocks fell 9.1%,

According to Yonhap Infomax, USD/KRW 1-month contracts in New York's NDF market fell below 1,500 won on July 10 (NY time), closing at 1,498.20 won (MID). Bid was quoted at 1,498.00 won and ask at 1,498.40 won, down 1.95 won from Seoul's spot rate (1,501.40 won) on the previous trading day. Won

On Friday, major U.S. stock indexes closed higher on expectations of key semiconductor earnings. The Dow Jones Industrial Average rose 149.60 points (0.29%) to 52,637.01, while the S&P 500 gained 31.75 points (0.42%) to 7,575.39. Markets are eyeing upcoming results from companies including TSMC

Daishin Securities on July 13 raised its target price for SK Square stocks to 2.10 million won from 1.87 million won, citing the premium on SK Hynix's US depositary receipts and anticipated corporate value enhancement effects. The brokerage lowered the discount rate applied to net asset value

According to Daishin Securities on July 13, SK Square received an upgraded target price of 2.1 million won, up from 1.87 million won, reflecting expectations for SK Hynix American Depositary Receipt (ADR) premium and enhanced corporate value. The brokerage lowered the NAV discount rate applied to it

According to Asia Economy, South Korea's KOSPI index is expected to rebound on July 13 as investors await second-quarter earnings from major chipmakers including TSMC and ASML, alongside U.S. June inflation data. SK Hynix's American depositary receipts (ADRs) have gained traction recently among U.S.

According to E-Daily, Hoban Group expanded its stake in Hanjin Kal (180640) to 20.15% as of July 10, narrowing the gap with Jo Won-tae-affiliated shareholders to just 0.42 percentage points. The additional acquisition cost 128.9 billion Korean won. Since first acquiring Hanjin Kal shares in

According to Business Insider, CFRA Research analyst Keith Snyder maintains a sell rating on SpaceX with a $115 price target as of July 12 (local time), stating that the company's growth projections lack concrete evidence. Snyder noted that SpaceX's inclusion in the Nasdaq-100 index did not change h

According to SK Hynix CEO Guo Lu-zheng on July 10, the global memory chip industry is entering the most severe supply shortage in history, with 2027 expected to be the tightest supply year, extending beyond 2030. The company's ADR debuted on Nasdaq last Friday with a 12.76% gain, closing

LS Securities raised its target price for S-Oil to 140,000 won from 133,000 won on July 13, citing an extended period of strong earnings, but downgraded its investment rating from 'Buy' to 'Hold' due to recent stock price gains that have already reflected much of the positive outlook. Analyst Jung

According to LS Securities on July 13, the brokerage upgraded its price target for S-Oil (010950) to 140,000 Korean won from 133,000 won, citing solid earnings extending through next year. However, the firm simultaneously downgraded its investment rating to Hold from Buy, reflecting recent stock

KOSPI has passed its medium-term bottom following extreme declines, according to a Yuanta Securities report released on the 13th by researcher Kim Yong-gu. The Korean stock market's 12-month forward price-to-earnings ratio (PER) dropped to 6.8x as of the 10th — the second-lowest level since the 6.5x

According to ZhiTong Finance, Chengdu Zelynx Biotech's Hong Kong IPO prospectus, submitted on January 13, 2026, expired on July 13, 2026, after reaching its six-month validity limit. Jefferies and CICC served as joint sponsors. Zelynx Biotech is a late-stage clinical biotechnology company