Global TradFi & Macroeconomics

South Korean lawmakers are preparing to summon executives from major securities and asset management firms as witnesses in October parliamentary hearings, according to Newsis and political sources on September 24. The focus will be single-stock leveraged ETFs, which saw daily average trading

According to News1, the U.S. Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%-4.00% on September 16, resuming rate increases for the first time in over three years. The move comes as policymakers shift focus from supply-side shocks to strong demand driven by

According to Goldman Sachs research, on Wednesday (Sept 23), U.S. 10-year Treasury yields surged to the largest single-day gain since April 2025, with volatility reaching a rare 4 standard deviations. The yields have risen 51 basis points since Aug 26 and 35 basis points since Sept 8. Market focus h

According to data compiled by Jin10, on September 25, Iran warned that the conflict could expand to the Indian Ocean, while Israeli sources indicated fresh strikes against Tehran may be imminent. Houthi forces announced attacks on Saudi military assembly points, resulting in hundreds of

According to market data, U.S. Treasury yields surged on September 24, with the 30-year yield hitting 5.50%, the highest level since June 2004, and the 10-year yield reaching 5.22%, exceeding levels not seen since June 2007. The 2-year Treasury yield also climbed to 4.94%. These moves reflect

According to ChainCatcher, Goldman Sachs' AI hedge fund Situational Awareness generated over $200 million in fees for the bank this year. The fund grew its assets from hundreds of millions of dollars to over $20 billion, becoming a key client for Goldman's trading division. Despite losses from

Coinbase launched gold and silver perpetual futures contracts for eligible non-US traders and is working to enable 24/7 trading for its US-regulated commodity futures through Coinbase Derivatives. The products provide derivatives exposure to precious metals prices rather than physical bullion

On September 24, Peru's Energy and Mining Minister Guillermo Xinya announced that Peru welcomes expanded Chinese investment in mining and energy sectors, particularly in unconventional renewable energy. Xinya noted that bilateral trade cooperation has deepened significantly since the Peru-China

Coinbase has launched GOLD-PERP and SILVER-PERP perpetual contracts for eligible non-US traders, according to reporting on the platform's product expansion. The company is also moving its US-regulated gold and silver commodity futures toward 24/7 availability through Coinbase Derivatives, a CFTC-reg

Meta Platforms Inc. (META) announced Horizon Create and Horizon Studio at its Connect conference, a pair of generative AI-powered tools that enable users to create video games through text prompts without coding experience. The announcement came alongside a stock gain of about 4% on Thursday. Saxs P

Meta announced on Thursday two AI-powered gaming tools, Horizon Create and Horizon Studio, enabling users to generate games via natural-language prompts without coding expertise. Horizon Create, a mobile app, lets creators prototype concepts on smartphones, while Horizon Studio provides web-based

At Meta's Connect conference on Wednesday, Sept. 23, CEO Mark Zuckerberg revealed the Muse Charm, a keychain-like device designed to provide hands-free access to the company's Muse AI agent. Meta also announced plans to launch over 100 styles of AI glasses by year-end and will bring Muse to

Physical AI-focused exchange-traded funds in South Korea recorded sharp declines over the recent three months, with RISE Hyundai Motor Fixed Physical AI dropping 32.11% according to KOSCOM ETF Check data released on the 23rd. The downturn stems from rising global interest rates and a strengthening w

According to Koscom ETF Check data released on September 23, physical AI-focused exchange-traded funds have significantly underperformed in recent months. RISE Hyundai Fixed Physical AI fell 32.11% over the past three months, while SOL Auto TOP3 Plus declined 30.37% and KODEX Hyundai Robotics

According to Newsis, South Korea's financial authority approved Meritz Securities on September 23 to offer Integrated Management Account (IMA) services and commercial paper issuance business, concluding authorization rounds that began in the second half of 2025. The IMA market now comprises three

Oracle reported $664 billion in remaining performance obligations, up 46% year-over-year, in its Q1 fiscal 2027 results, nearly matching Microsoft's $678 billion; however, the $18 billion leveraged loans financing Project Jupiter, the company's data centre campus in New Mexico, are trading at 89-91

Gold futures declined on September 24 as US Treasury yields continued their second consecutive day of gains, pressuring the non-interest-bearing asset. At 2:27 PM US Eastern Time, December delivery gold futures (GCZ6) on the CME's COMEX division traded at $4,302.60 per troy ounce,

According to CME COMEX, December gold futures (GCZ6) fell to $4,302.60 per troy ounce on September 24, down 0.37% from the previous close of $4,318.40. U.S. Treasury yields rose across most maturities, with 30-year yields hitting 5.474%, the highest since June 2004. As a non-yielding asset, gold

Samsung Electronics and SK Hynix leveraged exchange-traded funds recorded losses exceeding 35% and 50% respectively during the four months from May 27 to September 23, according to Korea Exchange data. Samsung Electronics stock fell 4.52% from 299,000 won to 285,500 won while SK Hynix

On Thursday (September 24) at New York close (04:59 Beijing time Friday), the offshore Chinese yuan (CNH) traded at 6.7159 against the U.S. dollar, down 44 pips from Wednesday's close. Intraday trading ranged between 6.7101