Global TradFi & Macroeconomics

According to StockTwits, Novavax (NVAX) surged 20% yesterday as a Russian plague lab worker's death sparked buying in vaccine and biodefense stocks. Emergent BioSolutions (EBS) climbed 14%, Arcturus Therapeutics (ARCT) gained 13%, and Moderna (MRNA) rose 7%. The rally broadened to protective

According to FactSet, 60% of S&P 500 components have received "buy" ratings from Wall Street analysts, marking the highest proportion on record as the third-quarter earnings season approaches. This compares to a five-year average of 55.9%, while sell ratings remain below the historical average at 5.

Nvidia Corp. (NVDA), Taiwan Semiconductor Manufacturing Co. (TSM), and Warner Bros. Discovery Inc. (WBD) hit fresh 52-week highs on Monday. Nvidia stock surged to a record $240.10 after BNP Paribas raised its price target to $345 from $285, while Taiwan Semiconductor stock reached an all-time high o

According to National Statistician Dennis Mapa, Philippine headline inflation jumped to 7.2% in September from 6.1% in August, with the seasonally adjusted rate accelerating to 1.1% from 0.5%. Eleven of 13 major commodity groups posted faster inflation than in August, with food and beverages

According to Dan Ives on Monday, Nvidia shares hit a fresh all-time high, climbing 2.1% and pushing slightly higher overnight. The veteran tech analyst backed the bull case, arguing that Wall Street earnings estimates for Nvidia could be materially too low, with numbers potentially underestimated

According to the Coalition Against Iran's Nuclear Weapons (UANI), the US blockade has stranded at least 50 Iranian oil tankers along Iran's coast, with additional vessels anchored near Sri Lanka and Oman, UANI said in its shipping update released on October 5. Among the stranded tankers, 20 Iranian-

UK 30-year government bond yields briefly surged to 6.07% on the 1st, marking the first time the rate exceeded 6% since 1998, and are currently trading at 5.95%. The spike stems from heightened inflation concerns linked to rising energy costs amid the Iran conflict, particularly as winter fuel

German 10-year government bond (Bund) yields reached 3.65% on May 28, the highest level since June 2009, according to Yonhap Infomax. The surge, exceeding 70 basis points in the third quarter, resulted from energy-driven inflation and consecutive European Central Bank (ECB) rate hikes. Germany's gov

According to PANews, Ray Dalio, founder of Bridgewater Associates, stated that a U.S. debt crisis could erupt within 3 years as debt servicing costs are increasingly crowding out other government spending.

According to Yonhap Infomax, the UK's 30-year government bond yields reached 6.07% last week, marking the highest level since 1998, before settling at 5.95% on October 6. The surge was driven by escalating inflation concerns tied to rising energy prices stemming from the Iran conflict, with the UK's

According to Yonhapinfomax, Germany's 10-year Bund yield rose to 3.65% on September 28, marking its highest level in 17 years. The yield climbed more than 70 basis points in the third quarter alone and remained around 3.5% in early October. The surge was driven by an energy shock stemming from the

According to a BOK issue note released on October 6, South Korea's central bank warned that the International Monetary Fund's revised external balance assessment (EBA) model may unfavorably assess the country's current account position. The model revision lowered Korea's adequate current account

According to Al Jazeera, at a campaign rally on Oct 6 in Grand Island, Nebraska, Trump stated that higher U.S. gas prices represent a 'small price' Americans pay for maintaining world and national security. Trump predicted gasoline prices will drop below $1.85 per gallon within 'a very short

USD/JPY broke above 158 today, gaining 0.08% intraday.

Mark Zandi, chief economist at Moody's Analytics, stated on October 5 (local time) via his X account that the US labor market is significantly weaker than the official September unemployment rate of 4.2% suggests, with actual slack equivalent to an unemployment rate of approximately 5.5%. Zandi

Deutsche Bank released survey findings on Oct 5 showing a disconnect between investor concerns and market pricing around US inflation expectations. The survey of 460 global investors conducted Sept 28-Oct 1 found 30% cited inflation concerns as the primary driver of recent US Treasury yield rises, w

Bank of Japan Deputy Governor Uchida Shinichi stated on the 5th (local time) that the artificial intelligence boom could alter the level at which interest rates ultimately settle. Speaking at an event, Uchida explained that AI can change final rate levels by stimulating demand, raising

US stock index futures rose in Asian trading on the morning of October 6, driven by strength in technology stocks. E-mini S&P500 futures climbed 0.10% to 7,834.25 as of 9:41 AM Korean time, while the tech-heavy E-mini Nasdaq100 futures advanced 0.19% to 31,378.75. The gains followed a strong

According to Deutsche Bank's global market survey released October 5, 30% of investors surveyed cited inflation concerns as the primary factor behind the recent rise in U.S. Treasury yields, while 69% listed inflation among the top three drivers. The survey polled 460 global investors between

According to Mark Zandi, chief economist at Moody's Analytics, on September 5, the U.S. labor market is significantly weaker than the headline 4.2% unemployment rate indicates. Zandi's adjusted slack gauge, which factors in voluntary quit rates, hiring rates, and core-age employment levels,