Global TradFi & Macroeconomics

The Korean won appreciated 4.27% against the US dollar in July 2026 month-to-date, the highest appreciation rate among major currencies, as the won/dollar exchange rate fell to 1,478.5 won on July 17. The appreciation was driven by dollar inflows from SK Hynix's American Depositary Receipt (ADR)

According to Yonhapnews, South Korea's Korean won appreciated 4.27% against the dollar in July, the strongest performance among major 20 currencies, as the KRW/USD exchange rate fell from 1,560 to 1,478.5 won on July 17-18, 2026. SK Hynix's $26.5 billion Nasdaq ADR listing triggered substantial doll

Bitcoin Japan's shares fell 26.7% to 99 yen on Friday following disclosure of a convertible bond and warrant financing package with Cayman Islands-based EVO Fund that could raise approximately 9.66 billion yen ($59.5 million) in net proceeds over roughly 12 months, according to Tokyo Stock

South Korea's Financial Services Commission announced measures on the 16th to tighten access to single-stock leveraged ETFs for Samsung Electronics and SK Hynix, raising the minimum cash deposit from 10 million won to 30 million won starting next month 5th and increasing the trading unit from 1

US stock market margin debt reached a record $1.5 trillion in June, according to data from FINRA, NYSE, and JPMorgan cited by Adam Kobeissi. The surge reflects investors using borrowed funds at historic rates to amplify their market positions. Such high leverage levels have historically signaled

According to Adam Kobeissi citing FINRA, NYSE and JPMorgan data, US margin debt reached a record $1.5 trillion in June, representing a $281.2 billion or 23% increase over three consecutive months and a $494.1 billion or 49% surge over 12 months. A broader leverage measure, calculated by

Bitcoin Japan announced its board approved a financing package with Cayman Islands-based EVO Fund that could raise an estimated 9.66 billion yen ($59.5 million) in net proceeds, according to a shareholder Q&A published on the company's website. The package, disclosed Thursday, includes 662 million y

Marvell Technology (MRVL) traded at $188.68 as of July 17, 2026, carrying a consensus analyst target of $252.56 across 43 analysts—but individual targets span from $110 to $385, implying potential outcomes ranging from a 41.7% loss to a 104% gain. The 250% spread between the most bearish and most bu

According to StockAnalysis, Marvell Technology (MRVL) traded at $188.68 as of July 17, 2026, against a consensus analyst target of $252.56 (33.9% upside) across 43 analysts. Targets range from $110 (41.7% downside) to $385 (104% upside), with the wide dispersion driven not by AI demand

B. Riley lowered its price target for BitMine Immersion Technologies (BMNR) to $25 from $33 as of July 18, 2026, still implying roughly 59% upside from the stock's current trading level near $15.69. The revision reflects lower Ethereum valuations rather than an abandoned thesis on the

Bank of America has appointed Sonali Theisen as head of its global digital assets platform and Kevin Milsom as head of AI transformation. The appointments formalize leadership for two areas moving from experimental projects into core financial market infrastructure. Theisen will oversee design,

Bank of America has appointed Sonali Theisen as head of its global digital assets platform and Kevin Milsom as head of AI transformation, formalizing leadership in two areas moving from experimental projects into core market infrastructure. Theisen will oversee design, development, scaling, and

According to CNBC Investing Club, the AI infrastructure trade saw a sharp rotation last week (July 11-17), with investors shifting capital from semiconductor makers to hyperscalers, driving major market moves. The S&P 500 fell 1.6% for the week while the Nasdaq declined nearly 3%. The VanEck

According to JPMorgan Chase analysis, Strategy-linked leveraged ETF has maintained positive inflows over the past seven consecutive weeks, in contrast to spot Bitcoin ETF flows that turned negative this week. JPMorgan attributes the buying

According to Korea Exchange data released on July 18, large-cap semiconductor stocks including Samsung Electronics and SK Hynix experienced sharp declines, prompting a significant reallocation of capital toward mid-cap stocks. The Kospi large-cap index fell 20.6% through July 16 as funds

According to Korea Exchange, on July 18, South Korea's National Pension Fund resumed net buying of 10.07 billion won this week (July 13-16) on the Kospi market, marking two consecutive weeks of net purchases. The fund had halted a two-month selling streak and shifted focus to acquiring large-cap

According to ETF Check, over the past month through July 16, inverse ETFs tracking market declines posted top returns as South Korea's main index fell sharply. Amid the downturn, retail investors purchased SK Hynix and Samsung Electronics leverage ETFs worth 2.5 trillion won, betting on a market

U.S. stock indexes fell on Friday, with the S&P 500 down 1.01%, the Nasdaq-100 dropping 1.49%, and the Dow Jones Industrial Average declining 0.77%. The declines followed Netflix's mixed second-quarter earnings report released after market close on Thursday, which showed revenue of $12.56 billion

SpaceX is in talks with the Pentagon to supply data-center capacity for running AI models at a cost of up to several billion dollars, according to a Wall Street Journal report. The negotiations aim to provide the United States Department of Defense with additional cloud-computing resources to