Global TradFi & Macroeconomics

According to Yonhapinfomax, Japan's 10-year government bond yield fell 12.19 basis points to 2.7609% on July 13, driven by expectations of asset allocation changes by Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund. The 30-year yield declined 29.2bp to 3.8929%, an

According to Financial Times, Australia has become one of China's fastest-growing battery export markets as it transitions toward renewable energy. In March, the country's new battery installations accounted for nearly 10% of global capacity, with an average of approximately 2,000 residential batter

According to a Goldman Sachs report released Monday (July 13), senior derivatives trader Brian Garrett warned that bond markets are showing significant stress while equity markets remain complacent. Credit spreads on a mega-cap tech debt basket (GSUCHS30) widened 22 basis points last week, a sharp m

According to Mirae Asset Securities analyst Kim Seok-hwan, SK Hynix's sharp stock decline on July 13 reflected the dissipation of its ADR listing catalyst alongside elevated earnings expectations and forced liquidation of leveraged positions. The semiconductor maker's ADR began trading on Nasdaq on

According to Goldman Sachs' latest research, AI-driven demand is fueling global inflation, with the United States facing the most severe pressure. The bank estimates AI-related demand currently pushes up the Fed's preferred inflation gauge—core Personal Consumption Expenditures (PCE)—by 0.2

Daesin Securities economist Lee Jung-hoon forecasts the USD-KRW exchange rate will move within a 1,460 to 1,560 won range by year-end as won weakness passes its short-term peak. The projection comes as dollar strength momentum slows in the second half and foreign investor selling conditions in

According to Mohamed El-Erian, Allianz chief economist, weekend clashes between the United States and Iran have intensified, testing the market consensus that a full-scale military conflict will not occur. On July 12, El-Erian said on X that the recent escalation could shake existing market

The USD Index rose to 101.12 today (July 13), gaining 0.16% intraday.

According to BlockBeats, on July 13, Jefferies raised its price target for Moderna (MRNA.O) to $60 from $53.

According to KIS Semicon analyst Minsook Chae, SK Hynix's second-quarter 2026 operating profit is projected at 6.04 trillion Korean won, up 61% quarter-over-quarter and 556% year-over-year, though 8% below market consensus of 6.5 trillion won. The analyst attributed the downward revision to SK Hynix

According to News 1, South Korea's KOSPI index fell 525.01 points to 6,950.93 today (July 13), representing a 7.02% decline and marking its first breach of the 6,000 level in 48 trading days since May 4. Semiconductor stocks led the selloff, with SK Hynix and SK Telecom each dropping 12%, while

According to Taiwan Economic Daily, TSMC plans to raise mature-process wafer foundry prices starting January 2027. Despite the price increase, IC design companies said they will continue negotiating with TSMC to secure more production capacity for next year to support business

According to BMO Capital Markets, Federal Reserve Chair Kevin Wash is set to testify before Congress on Tuesday and Wednesday, with investors monitoring inflation data and details on his reform agenda. The Fed previously announced appointments for five working groups tasked with evaluating Fed

According to Taiwan media Commercial Times, Tainan Science Park Phase 2, spanning approximately 90 hectares, held its groundbreaking ceremony on July 12. The project will be led by TSMC to develop an advanced packaging industrial cluster. TSMC's CoWoS advanced packaging facility at Phase 1 began

Apple (蘋果) has officially filed a lawsuit with the U.S. Federal District Court for the District of California, accusing OpenAI of misappropriating trade secrets and breaching a contract. The complaint names current OpenAI Hardware Lead Tang Yew Tan and former Apple senior system electrical engineer Chang Liu. According to The New York Times, OpenAI has leaned toward postponing its IPO to 2027. Specific allegations against Tang Yew Tan: probing with confidential code names and downloading files w

Hong Kong stocks exhibited volatile intraday trading, with the Hang Seng Index opening down 17 points before reversing course to rise as much as 274 points, reaching a high of 24449 points. The index encountered selling pressure near the 24500 level and subsequently turned negative, falling as much

According to BIT trading data, the U.S. stock storage sector fell overnight on July 13. SanDisk (SNDK) declined 5.09%, Micron Technology (MU) fell 4.96%, Western Digital (WDC) dropped 4.39%, and Seagate Technology (STX)