Global TradFi & Macroeconomics

According to Steve Colanno, Chief Investment Officer at Integrated Partners in Massachusetts, the Federal Reserve kept interest rates unchanged on July 30, aligning with market expectations. The most significant shift is increased dissent against further rate hikes among Fed officials compared to th

SK Hynix, a market focus this year, disclosed second-quarter results yesterday before Wall Street's tech giants Microsoft, Meta, Apple, and Amazon report earnings. The memory chip maker posted record operating profit exceeding 60 trillion won, up 5.6 times year-over-year, but the results fell

Hang Seng Index futures closed at 25,961 points overnight, up 177 points from yesterday's close of 25,807 points, trading at a premium of 153 points with 8,562 contracts traded. China Enterprises Index futures closed at 8,684 points, trading at a premium of 60 points.

According to CCTV News, on July 29, the Federal Reserve's policy committee voted 9-3 to maintain the federal funds rate target range at 3.5%–3.75%. Three regional Federal Reserve presidents dissented, advocating for a 25 basis point rate hike. This marks the first time since 2016 that three

According to BlockBeats, the Federal Reserve kept the federal funds rate in the 3.50%-3.75% range unchanged on July 30, with the FOMC approving the decision 9-3. Three regional Federal Reserve presidents voted for a rate hike, marking the first time since 2016 that three dissenting votes favored

Meta forecast third-quarter revenue between $61 billion and $64 billion on July 29, below analyst expectations, as the company's free cash flow continues to be eroded by massive artificial intelligence investments. The social media giant's stock tumbled 10% in after-hours trading following the

According to Shenwan Hongyuan research on July 30, the Federal Reserve's communication framework reform may signal a near-term policy pause, shifting asset pricing drivers away from forward guidance toward data sensitivity

BNK Investment & Securities analyst Kim Sung-no stated that KOSPI has fulfilled its first decline target from a technical perspective after falling nearly 40% in the recent month. The analyst noted that the decline satisfies the downward movement expected following a double-top pattern formed

Overseas asset managers are advertising leveraged exchange-traded funds (ETFs) tracking SK Hynix American Depositary Receipts (ADRs) to Korean retail investors via YouTube and social media, bypassing domestic advertising regulations. This occurs despite the Financial Services Commission banning dome

Lotte Wellfood stocks rose 1.69% to 102,500 won on the previous day, defying a nearly 6% plunge in the KOSPI index. The food and tobacco sector was the only industry group to post gains as investors rotated into defensive stocks amid extreme market volatility. Korean semiconductor stocks, which

According to BNK Investment & Securities analyst Kim Sung-no, KOSPI 200 index fell approximately 40% over the past month and reached its first technical decline target of 5,400-5,500 points on July 30. The analyst noted that a double-top pattern formed between May and July at the 7,400-9,385 point l

According to Yonhap Infomax, Lotte Wellfood shares rose 1.69% to 102,500 won on July 29, bucking a sharp 6% decline in the KOSPI index. The food and beverage stock was the only sector to gain ground amid broader market weakness. Led by domestic brokerages' consensus forecasts, the company is

According to Yonhapinfomax, unregistered overseas asset managers are posting illegal advertisements for leveraged ETFs on YouTube and social media platforms, targeting Korean retail investors with Korean-language thumbnails and marketing tactics. This occurs despite South Korea's Financial

According to BlockBeats, on July 30, Iran launched multiple missiles at U.S. military forces stationed in the Middle East, while U.S. forces conducted airstrikes on the Iran-Iraq border region. Iraqi Popular Mobilization Forces (PMF) reported that joint U.S.-Saudi airstrikes targeted multiple PMF he

According to Jin10, Samsung Electronics said the depreciation of the South Korean won generated a positive impact of 3.1 trillion won in the second quarter.

According to CCTV, the U.S. Space Force announced on July 29 that SpaceX secured a $1.6 billion contract to conduct 18 Falcon 9 rocket launches by end of 2027, carrying military satellites designed for air target detection and tracking. SpaceX shares rose 0.31% in after-hours trading following the

NH Investment & Securities issued an analysis on the 30th stating that semiconductor stock volatility, identified as the core cause of the recent Korean stock market plunge, is passing its peak. Analyst Ha Jae-seok diagnosed that supply distortions centered on single-stock leveraged

Yuanta Securities analyst Lee Jae-won issued a report on the 30th stating that the KOSDAQ market, which has declined excessively, may rebound as single-stock leveraged ETF regulations take effect and government KOSDAQ revitalization policies align. Lee attributed KOSDAQ's underperformance to the

South Korea's KOSPI index fell 5.98% to 5,663.24 on July 29, with NH Investment & Securities attributing the decline chiefly to leveraged single-stock ETF outflows rather than deteriorating semiconductor fundamentals. Analyst Ha Jae-seok noted that excess leverage in Korean stock-linked funds,

According to Yonhapnews citing Yuanta Securities analyst, KOSDAQ plunged 8% and fell below 700 points on July 28 due to individual investor outflows to large-cap semiconductor stocks and single-name leveraged ETF products. Year-to-date, individual investors have made net purchases of 114 trillion