Global TradFi & Macroeconomics

According to Goldman Sachs, on September 12, the bank maintained its year-end 2026 gold price forecast of $4,900 per ounce while citing net upside risks, though the path could see increased two-way volatility. The forecast assumes robust central bank demand. Goldman Sachs noted that if ETF inflows r

Global investment banks including ING forecast potential short-term rebound in the USD/KRW exchange rate to the 1,370 won level, despite the currency pair recently breaking below 1,350 won on September 12. ING issued forecasts on September 7 setting 1-month and 3-month targets at 1,375 won, citing t

According to MarketWatch, following higher-than-expected August consumer inflation data, markets are pricing in an 86% probability that the Federal Reserve will raise rates by 0.25% next week. The 2-year U.S. Treasury yield rose approximately 8 basis points to 4.64%, while the 10-year yield

According to multiple global investment banks, the USD/KRW exchange rate broke below the 1,350 won level on September 12, marking an approximately 13% decline from June highs. ING, in its September 7 Asia FX analysis, forecasts the rate at 1,375 won for one and three-month outlooks, suggesting a

According to Guru Club, WTI crude oil fell below $97 per barrel on September 12, declining more than 3.8% during the trading day.

KB Securities analyst Im Jae-gyun assessed on the 12th that the Bank of Korea's probability of raising the base rate in October has decreased, though bond yield volatility remains inevitable depending on oil price movements. Im issued this analysis in a report titled 'Exchange Rate Decline Is

According to KB Securities on September 12, the Bank of Korea's monetary policy committee is unlikely to raise the base rate in October, despite earlier signals of possible further tightening. The analysis notes the neutral interest rate is estimated at 2.25–2.75%, making the current 3.00% base rate

According to overseas brokers, the USD/KRW NDF 1-month contract fell to 1,341.00 won on Sept 12, marking a decline of 4.60 won from the previous day's spot rate of 1,345.90 won. The drop came as U.S. core CPI for August rose 0.3% month-on-month, exceeding market expectations of 0.2%, according to th

According to Jim Chanos, the legendary short-seller who predicted Enron's collapse, AI data center operators face fundamental economic challenges. In recent social media posts, Chanos called the AI data center business "uneconomic," arguing that even if GPUs deployed in these facilities last a

The USD-KRW exchange rate closed at 1,344.10 won at 6am on September 12 in the foreign exchange market, down 1.80 won from the previous Seoul market close of 1,345.90 won. The exchange rate remained sticky above the 1,340 won level as US inflation data reinforced expectations of Federal Reserve

Backpack Securities launched a tokenized version of DraftKings stock on Solana, with the DKNG token recording $39 million in trading volume within three hours of going live. The token is fully backed 1:1 by actual DraftKings shares held in custody, and holders can redeem their tokens or transfer the

Cantor Fitzgerald raised its price target on BitMine Immersion Technologies to $63.60 from $30.60 on September 10, 2026, while maintaining an Overweight rating on the stock. The revision reflects the company's transformation from an immersion-cooling mining hardware provider to a firm holding

According to Platts, European beet sugar prices in northwestern Europe hit €550 per ton (approximately $638) on September 3, the highest level since late September 2025, rising nearly 40% since year-start. The surge reflects tightening supplies as deteriorating beet crop conditions constrain

According to CryptoBriefing, DraftKings' tokenized stock DKNG achieved $39 million in trading volume on Solana within three hours of launch. The DKNG token, issued through Backpack Securities, is fully backed 1:1 by actual DraftKings shares held in custody, and holders can redeem their tokens or tra

According to Cantor Fitzgerald, on September 10 the firm doubled BitMine Immersion Technologies' price target to $63.60 from $30.60, maintaining an Overweight rating. With BitMine shares trading near $24.20 at the time, the new target implies approximately 163% upside. Cantor's analysts expect the c

Oracle Corp. (ORCL) expanded its ongoing corporate restructuring on Friday, committing an additional $700 million to severance packages and employee layoffs, bringing the total budget for its 2026 Restructuring Plan to around $2.8 billion. The enterprise software giant has already absorbed

According to regulatory disclosure filed Friday, Oracle expanded its 2026 Restructuring Plan budget by $700 million to $2.8 billion, driven primarily by severance costs tied to aggressive artificial intelligence infrastructure spending. The company has already absorbed approximately $2.1 billion in

UniCredit Bank is exploring technology providers for digital asset infrastructure including crypto trading, custody, tokenized investment products, and stablecoin-based fixed-income securities. The Italian bank's