Global TradFi & Macroeconomics

According to Yonhapinfomax, the dollar-won exchange rate traded around 1,334.30 won on October 31 morning, influenced by a selloff in U.S. technology stocks and broader dollar weakness. Overnight, the rate moved within the lower 1,330 won range, touching 1,332.10 won. Amazon's disappointing

Alphabet reported third quarter search revenue of $63.35 billion, falling short of market expectations of $64.85 billion, as artificial intelligence search models weighed on ad monetization despite strong

According to YPF, on Friday the Argentine state-owned oil producer applied for government investment incentives for its Bajo del Toro shale project within Vaca Muerta, with an estimated total lifecycle cost of $8.73 billion. The initiative, launched under President Javier Milei's administration,

On October 30, the Magnificent 7 index declined 1.99% to 220.86 points, approaching key moving averages, with a month-to-date loss of 5.28% and a weekly decline of 3.10%. The mega-cap tech index fell 3.34% to 437.19 points, down 5.99% for October.

On Friday (October 30), U.S. stock index futures closed lower in New York afternoon trading. The S&P 500 futures fell 1.8%, Dow futures dropped 1.06%, and Nasdaq-100 futures declined 3.46%. Russell 2000 futures also fell 1.64%.

According to a White House official, McKenna Skeeters will join the National Energy Dominance Council on Monday, tasked with overseeing U.S. oil and gas infrastructure projects. Skeeters previously served as chief of staff at the Federal Energy Regulatory Commission. Her appointment follows the

Shinhan Securities released its 2027 economic outlook on October 31. The brokerage forecasts South Korea's GDP growth at 3.7% this year and 3.1% next year, driven by semiconductor performance bonuses, dividend payments, and government spending expansion. Researchers Yong-gu Cho and team project

On Friday (October 30), Apple reclaimed the top global market capitalization position from Nvidia, reaching $5.03 trillion, as investors shift focus toward companies with stronger cash flow amid growing concerns about AI infrastructure returns. Apple's stock fell 1.2% while Nvidia declined 4.2%,

According to Yonhap Infomax, U.S. stock markets fell sharply on October 30 as disappointing earnings from Amazon and Intel triggered a broad tech selloff. The Nasdaq Composite plunged 2.86% to close at 25,437.00, while Intel crashed 28.58%—its worst single day since 1974—after cutting its revenue an

According to Barron's, SpaceX stock declined 6.4% on October 30, closing at $134.72, breaking below its $135 initial public offering price. The drop came as the company's strong third-quarter earnings released on October 20 failed to sustain momentum amid a broader market sell-off triggered by

According to Guru Club, on October 31, the Chilean Copper Commission raised its 2026 average copper price forecast to $6.18 per pound and its 2027 forecast to $5.95 per pound.

ExxonMobil and Chevron, America's two largest oil companies, posted record third-quarter profits on Friday as US Stock Market News reflected soaring oil prices tied to the Iran war. ExxonMobil earned $15.4 billion in the third quarter, more than double its earnings from a year ago, while Chevron's a

According to Dallas Federal Reserve President Logan, the Fed needs two additional 25 basis point rate hikes, bringing a cumulative increase of 50 basis points, after which it will pause and reassess economic conditions. Speaking on Friday, Logan, who voted with a 10-2 majority to maintain the

Shinhan Investment analysts forecast weaker US fiscal policy after November 3 midterm elections as divided government becomes likely. Kim Chan-hee and Ko Da-young released the analysis on the 31st in a report titled 'Midterm Elections and QRA,' stating that Treasury's maturity composition changes an

According to KB Securities analyst Lim Jae-kyun on October 31, South Korea's planned increase in 30-year Treasury issuance to 2 trillion won in November will extend the yield curve steepening pressure across all maturities. The 30-year to 10-year Treasury spread is expected to widen, while the

CNBC's Jim Cramer warned on Friday that volatility on Wall Street may not be over following a turbulent week for technology stocks. The Nasdaq Composite fell 2% for the week after climbing 2.3% through Wednesday before plunging 2.9% Friday, while the S&P 500 dropped 0.6% and the Dow Jones

According to Guru Club, China's commodity futures market saw most contracts rise overnight on Oct 30, with energy leading gains. LPG surged 4.45%, while chemical futures including methanol rose 4.33%. Oil palm and soybean products advanced, with palm oil up 1.17%. The metals sector declined, with co

According to the UK Maritime Trade Operations Office (UKMTO), a tanker was attacked in the Strait of Hormuz on October 29 by a small boat using explosives that damaged the engine room and caused a fire above the waterline. No personnel were injured. The vessel, which temporarily lost operational

According to CNBC, Reddit's stock fell 29% today (Oct 30), marking its worst day since the company went public in 2024. CEO Steve Huffman said yesterday that search traffic was "down meaningfully," noting that Google's AI-powered search modes do not "drive traffic." The company also announced it