Global TradFi & Macroeconomics

According to Jin10, China's central bank increased its gold reserves by 740,000 ounces in September, bringing total holdings to a new level. This marks the 23rd consecutive month of gold purchases by the People's Bank of China, reflecting sustained demand for the precious metal amid global

The US dollar strengthened against major currencies on October 7, with the dollar index (DXY) rising 0.418% to 102.275 by 4pm Eastern Time, driven primarily by euro weakness amid bond market turmoil in France and the United Kingdom. European government bonds faced selling pressure as investors

SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 1.14 tonnes compared to yesterday, bringing total holdings to 1,061.113 tonnes as of October 7.

According to Reuters, the U.S. dollar surged on October 7 as eurozone bond market turmoil drove investors toward safe-haven assets. The dollar index (DXY) rose 0.418% to 102.275, while the EUR/USD pair fell 0.564% to 1.11962. The British pound also declined 0.475% to 1.32132 against the

US stock market investors are focused on October's historical volatility patterns as October 9 approaches, according to a Korea Economic Daily report on the 7th. October has been labeled the 'month of fear' due to major market crashes in October 1929 and October 1987. However, Dow Jones Market

South Korean stocks underperformed US markets as the KOSPI index closed at 6803.90, down 137.49 points or 1.98%, according to Korea Exchange data. Samsung Electronics fell 1.29% and SK Hynix dropped 2.82% during the session, weighing on the broader market. Analysts attribute the divergence to

According to MarketWatch, citing Dow Jones Market Data, the S&P 500 averaged a gain of just 0.5% in October over the past 98 years (1928–2025), making it one of the weakest months alongside March. The index rose in 58% of Octobers, while September posted the worst average performance at -1.1%

According to Yonhapinfomax, the U.S. 10-year Treasury yield reached 5.277% on October 7 afternoon (U.S. Eastern Time), marking its highest level in over 24 years. The 30-year yield also climbed to 5.66%, up 1.90 basis points. The steepening yield curve reflects broader demand pressures in the bond m

According to Goldman Sachs estimates, S&P 500 component earnings are projected to grow approximately 27% year-over-year in Q3, with revenues increasing 12%. If realized, this would mark the third consecutive quarter of earnings growth exceeding 25%. AI infrastructure investment is driving the

Cha In-jun, vice president of InBody Inc., sold 120,000 shares of the medical device company on the 15th of last month through a block deal, cashing out 6.6 billion won at 54,860 won per share. The transaction reduced his stake from 9.79% to 8.9% and marked his first share sale since receiving a 9.2

US consumer confidence dropped to its lowest level in approximately 12 years, with the Consumer Confidence Index published by the Conference Board falling near 80—the weakest reading since 2014. The Present Situation Index also declined below 110, reflecting heightened economic pressure felt by

SK Hynix received a maintained target price of 4 million won and 'buy' investment rating from IBK Investment & Securities on October 8, citing sustained memory demand driven by artificial intelligence model growth. Analyst Kim Un-ho of IBK Investment & Securities stated the rating continuation

Samsung Securities upgraded its target price for Cosmax from 270,000 won to 370,000 won on the 8th while maintaining a buy rating on the cosmetics manufacturer. Analyst Jung Dong-hee raised the 2027 annual operating profit estimate by 14%, citing continued expansion of operating leverage at both

Mirae Asset Securities maintained a Buy rating and ₩114,000 target price on Iljin Electric on October 8, citing anticipated benefits from expanding domestic power infrastructure investment. Analyst Kim Tae-hyung forecast the company's Q3 revenue at ₩612.9 billion, up 36.1% year-over-year, and

Shinhan Financial Group is projected to report a net profit of approximately 1.7 trillion won in Q3 despite real estate sale gains of approximately 250 billion won, according to Hana Securities analyst Choi Jung-wook. The forecast reflects a 6.5% quarter-over-quarter decline due to

DB Securities maintained a 'buy' investment rating and a target price of 35,000 won for GS Retail on the 7th, citing expected meaningful performance improvement in the supermarket business segment. The securities firm forecasts GS Retail's Q3 consolidated operating profit will reach 115.6 billion wo

According to DB Securities on October 7, GS Retail's Q3 consolidated operating profit rose 4% year-over-year to 115.6 billion won, meeting market expectations. The supermarket division is expected to achieve double-digit revenue growth, driven by recovering consumer sentiment and market share

On September 15, InBody Vice President Cha In-jun, son of founder Cha Ki-chul, sold 120,000 shares (0.89% stake) via block deal at 54,860 Korean won per share, generating 6.6 billion Korean won. The sale reduces his holding from 9.79% to 8.9%. Cha used proceeds to repay 5.5 billion Korean won of a 1

According to Samsung Securities, the brokerage raised its target price for Cosmax to 370,000 Korean won from 270,000 won on October 8, maintaining a buy rating. Analyst Jeong Dong-hee noted that the 2027 annual operating profit estimate was raised 14% due to expanding operating leverage across

According to IBK Securities on October 8, the brokerage maintained its target price of 4 million Korean won for SK Hynix with a buy rating, citing sustained demand for memory semiconductors driven by artificial intelligence model growth. The firm expects SK Hynix to report Q3 revenue of 95.8