Global TradFi & Macroeconomics

The KOSPI fell 655.34 points (8.77%) to 6820.6 during the third week of July (July 13-16), with sidecar mechanisms triggering daily and a circuit breaker activating on July 13, according to Korea Exchange data released on July 18. The decline was driven by semiconductor sector concerns following

Korean retail investors adopted diverging strategies on the 15th and 16th as semiconductor stock volatility intensified amid AI peak-out concerns. KOSPI recovered to the 7200 level on the 15th after a 3-day rally, but fell over 6% to 6820.60 on the 16th, with Samsung Electronics and SK Hynix

SK Hynix closed at 1,842,000 won on the 16th, marking an 11.53% decline and a 36.90% drop from its peak of 2,919,000 won recorded on the 22nd of last month. The decline stems from concerns over the sustainability of AI infrastructure investment, which has driven the memory semiconductor super

SpaceX stock fell below its IPO price for the first time on May 16, closing at $131.11, down 3.08%, after five consecutive days of decline. On May 17, the stock opened at $127.54, down 2.72% from the previous day. The decline was driven by investor profit-taking, concerns over debt-funded AI

According to Bitcoin Treasuries.NET, publicly listed company Farmhouse FMHS has purchased an additional Bitcoin, bringing its total holdings to 12.209 BTC.

According to the Korea Exchange, the KOSPI index fell 655.34 points (8.77%) to 6,820.6 in the week of July 13-16, with sell-side circuit breakers triggered on July 13, 14, and 16, and a buy-side circuit breaker on July 15. Semiconductor sector concerns and Middle East geopolitical tensions weighed o

According to News1, SK Hynix shares fell 11.53% to 1.842 million won on July 16, marking a 36.9% decline from its June high. The steep drop has pushed most retail investors into losses, with 295,591 investors showing an average purchase price of 1.811 million won and average returns of just 1.71%, a

According to Chosun Biz, on July 16, South Korea's stock market suffered a sharp selloff on concerns over whether U.S. big tech companies will continue their artificial intelligence investment surge. The KOSPI index dropped 6.37% to 6,820.60, while SK Hynix fell 11% and Samsung Electronics

According to News1, SpaceX shares fell below the IPO price of $135 for the first time on July 16, closing at $131.11 after a 43% decline from its peak just one month following the company's record $86 billion IPO on June 12. The stock's decline also wiped out $1.03 trillion in market

The three major US stock indices fell for the second consecutive day on the 17th (US Eastern Time), driven by concerns over Chinese AI company Moonshot's new model. The Dow Jones Industrial Average closed at 52,146.42, down 406.55 points (0.77%). The S&P 500 fell 76.08 points (1.01%) to 7,457.69,

Cleveland Federal Reserve President Beth Hammack posted on her LinkedIn account on May 17 (local time) expressing concern that inflation remains too high, while the labor market is near her maximum employment estimate. Hammack, known for her hawkish stance within the Federal Reserve, stated that

According to South Korean media reports, the Philadelphia Semiconductor Index tumbled over 20% from its all-time high on July 17, dragging broader U.S. stock markets lower. The selloff in semiconductor stocks, which had driven the recent AI investment rally, intensified amid rising Middle East

KB Asset Management launched the 'RISE US Space & Robot Top 2 US Bond Mixed 50' ETF on '14일', allocating 25% to Tesla and 25% to SpaceX with the remainder in US short-term bonds, while US ETF manager Subversive plans to introduce an 'Ex-Elon ETF' that tracks Nasdaq 100 and S&P 500 indexes while

According to Yonhapinfomax, U.S. stock indices closed lower for the second consecutive day on July 17. The Dow Jones Industrial Average fell 406.55 points (0.77%) to 52,146.42, the S&P 500 declined 76.08 points (1.01%) to 7,457.69, and the Nasdaq Composite dropped 361.70 points (1.40%) to 25,520.24.

According to Yonhap News, Cleveland Federal Reserve President Beth Hammack expressed concern about elevated inflation on LinkedIn on July 17, stating that inflation remains too high and core personal consumption expenditures (PCE) are estimated at 3.3% year-over-year. Hammack noted that the labor ma

According to Central Daily, KB Asset Management listed a space-and-robotics-focused ETF on July 14 holding 25% Tesla and 25% SpaceX, with the remaining 50% in U.S. short-term Treasury bonds. The product structure allows 100% allocation in individual and retirement accounts. Meanwhile, U.S.-based

On Friday, July 17, at New York close (Saturday 04:59 Beijing time), offshore Chinese yuan (CNH) declined 42 pips to 6.7774 per dollar. The currency traded within a range of 6.7721 to 6.7815 during the

Spot gold rose 1.00% to $4,016.21 per ounce at the close of New York trading on Friday, July 17, breaking the $4,000 psychological level. For the week, gold declined 2.53%. COMEX gold futures gained 0.72% to $4,020.90 per ounce, down 2.30% weekly. Spot silver rose 0.69% to $55.9059 per ounce but

According to Korean Economic Television, Samsung Electronics minority shareholders on July 18 demanded that the National Pension Service exercise voting rights to reject a wage agreement that would distribute up to 10.5% of semiconductor operating profit as performance bonuses. The shareholders'

According to Marketwatch, the Philadelphia Semiconductor Index fell 1.63% on Friday (July 17), closing at 11,673.889 points, declining over 20% from recent highs to officially enter bear market territory. Nvidia's market cap dropped to approximately $4.8 trillion, falling below Apple's