Global TradFi & Macroeconomics

South Korean stocks experienced a severe selloff on July 13, with the KOSPI index plunging 669.01 points (8.95%) to close at 6,806.93, driven primarily by sharp declines in semiconductor giants SK Hynix and Samsung Electronics. SK Hynix recorded its steepest single-day drop of 15.37% since its

According to its announcement, China Aluminum (02600) expects net profit attributable to shareholders for H1 2026 of 11.2 billion to 12.2 billion yuan, up 58% to 73% year-over-year. The company also projected profit excluding non-recurring gains and losses at 11.0 billion to 12.0 billion yuan for

According to Xinhua Insurance's announcement, the company expects net profit attributable to shareholders for the first half of 2026 to reach RMB 20.719 billion to RMB 23.678 billion, an increase of RMB 5.92 billion to RMB 8.879 billion compared to the same period in 2025, representing a 40% to 60%

According to SmartFinance, Lingbao Gold (03330) expects net profit of approximately 950 million to 1.05 billion yuan for the six months ended June 30, 2026, representing an increase of 42% to 57% compared to approximately 670 million yuan in the same period of 2025. Revenue is projected at 7.9 billi

South Korea's benchmark KOSPI index fell 9% (669 points) to close at 6,806.93 on July 13, marking the steepest single-day decline in two months, according to Donga Ilbo. SK Hynix led the selloff with a 15.37% drop—its largest daily loss since its December 1996 IPO—after Korean Investment &

According to Bloomberg, Apple's stock has surged 15% since June 25 and touched record highs, adding nearly $600 billion in market value. The rebound reflects investor concerns about whether massive AI infrastructure spending by

According to Kanglong Chemitech's announcement, the contract research and manufacturing organization (CRMO) provider forecasts H1 2026 revenue of 7.47–7.66 billion yuan, up 16–19% year-over-year, with net profit attributable to shareholders reaching 729–772 million yuan, up 4–10% YoY. New

According to an official announcement, Dingti High-tech (01377) posted consolidated net profit attributable to shareholders of 6.4-7.0 billion yuan for the first half of 2026, representing a 300.62%-338.18% year-over-year increase. Net profit after excluding non-recurring items reached 6.3-6.9 billi

According to Zhongwei New Materials' announcement, the company projects attributable net profit of 1.25-1.35 billion yuan for the first half of 2026, representing a 70.58%-84.23% year-over-year increase. The company reported combined sales of over 250,000 tons across nickel-based, cobalt-based, phosphorus-based, and sodium-based battery materials. Ternary precursors achieved over 50% sales growth with stable margins, phosphorus-based materials surged over 25% with significant margin expansion an

According to the Financial Times, Dubai plans to build a new port to bypass the Strait of Hormuz on July 13.

According to Reuters, Watches of Switzerland Group Plc, the UK's largest Rolex dealer, saw its stock climb over 8% in recent trading, marking its largest gain in nearly two months. The surge followed Reuters' report that the company has been in discussions regarding a potential privatization offer i

U.S. stock markets opened mixed on July 13, with the Dow Jones up 0.08%, while the S&P 500 fell 0.32% and the Nasdaq dropped 0.73%. Technology stocks declined broadly, with SK Hynix (SKHY.O) down over 8%, SanDisk (SNDK.O) down over 6%, Micron Technology (MU.O) down 5%, Intel (INTC.O) down 4%, and

According to Jin10, major currency pairs displayed varied performance on July 13, 2026 (Monday).

On July 13, U.S. stock indexes opened with mixed results. The Dow Jones Industrial Average rose 76.87 points, up 0.15%, to 52,713.88. The S&P 500 declined 13.95 points, down 0.18%, closing at 7,561.44. The Nasdaq Composite fell 170.86 points, down 0.65%, to 26,110.75.

According to UAnalyze, over the weekend, Iran announced the closure of the Strait of Hormuz following renewed U.S.–Iran attacks, breaking a temporary agreement signed last month. The move sent crude oil futures surging over 3%, pressuring market sentiment. U.S. stock index futures declined

According to SoSoValue data, global listed companies (excluding mining firms) recorded a net outflow of $85.45 million in bitcoin during the week ending July 13, 2026. Notably, MicroStrategy (formerly Strategy) and Japan-listed Metaplanet made no bitcoin purchases last week. Meanwhile, Brazilian bi

According to Goldman Sachs in a research report, SanDisk is expected to report "very strong" fourth-quarter fiscal year 2026 results on August 5. The investment bank raised its price target for the company from $1,200 to $2,200 and reiterated a "buy" rating. Goldman Sachs attributed the outlook to s

According to Odaily, Bitcoin mining company Hut 8 announced on July 13 that it will release its Q2 2026 financial results on August 4, 2026, before U.S. market open. The company will host a conference call and webcast at 8:30 a.m. Eastern Time on the same day to discuss quarterly performance and

U.S. natural gas futures fell over 3.00% intraday on July 13, trading at $2.851 per million British thermal units (MMBtu).