Global TradFi & Macroeconomics

Costco Wholesale (COST) stock traded flat after hours Thursday as the warehouse club reported fiscal fourth-quarter earnings that beat analyst estimates, posting net income of $2.998 billion, or $6.75 a share, for the 16 weeks ended Aug. 30, up from $2.610 billion, or $5.87 a share, a year earlier a

According to Goldman Sachs Asset Management on Sept 25, the firm is underweighting artificial intelligence sector companies with the largest borrowing, namely hyperscale cloud service providers, as it expects these firms to issue substantial amounts of debt. Lindsay Rosner, head of multi-sector

According to Korea Securities Depository, domestic investors net purchased $248 million worth of U.S. stocks on average daily during last Chuseok holiday, significantly higher than the $7.4 million in 2024. The top purchase was Direxion Daily Tesla Bull 2X Shares (TSLL), a 2X leveraged Tesla ETF,

AI and semiconductor ETFs in the domestic market reached 64.6856 trillion won in net assets as of September 22, marking a 39 trillion won increase this year across 129 listed funds. The rapid growth of the AI industry drove this expansion, with 34 new ETFs launched this year alone. Investment

According to South Korea's financial investment industry, as of September 22, AI and semiconductor ETFs listed on the domestic market reached combined net assets of 65 trillion won (approximately $50 billion USD), up 39 trillion won since the start of the year. A total of 129 AI and semiconductor ET

According to Reuters, Meta unveiled Muse Charm at its Connect conference, a pocket-sized AI wearable featuring a 2-inch screen, fingerprint sensor, and 5G connectivity, designed to let users interact with Meta's AI agent Muse without unlocking a phone. The company targets December launch, moving

The MOVE Index surged past 130, prompting market observers to monitor potential policy responses. The movement was highlighted by @CryptoHayes in a recent tweet. The surge reflects increasing market volatility and liquidity concerns in bond markets. Historical patterns show similar index movements h

Shin Byeong-mook, director of the Korea Exchange New York office, reported on September 16 (local time) that US investors are increasingly inquiring about Korea's Value-Up program with specific requests for ROE (return on equity) targets above 8%. The heightened interest follows the May

According to Shin Byeong-muk, head of Korea Exchange's New York office, U.S. institutional investors are showing increased interest in South Korea's value-up program, with inquiries coming in 1-2 times per week. Unlike focus on stock price gains, overseas investors are emphasizing the need for

According to Yonhapinfomax, the USD/KRW 1-month non-deliverable forward (NDF) rate rose to 1,366.50 won overnight on September 25, up 0.80 won from Seoul's previous close of 1,366.00 won. Overseas brokers quoted bid at 1,366.30 won and ask at 1,366.70 won. The U.S. 10-year Treasury yield broke

According to Yonhapinfomax, as of September 25, the USD/KRW exchange rate rose to 1,369 won from 1,366 won the previous day, reflecting a stronger dollar and surging U.S. Treasury yields. The 10-year U.S. Treasury yield broke through 5.20% during New York afternoon trading, the highest level

Grok AI, Elon Musk's artificial intelligence platform, predicts XRP can reach $1.80-$2.50 by the end of 2026, with $3.10 representing the bull case scenario. The forecast comes as XRP trades at $1.51 following a +15% weekly move, though the token remains down -8.2% overnight. The prediction is

According to a Reuters survey conducted between Sept 17-24, 33 of 34 economists expect the Reserve Bank of Australia to raise the overnight cash rate by 25 basis points to 4.60% on Sept 29, marking the highest level since late 2011. This will be the fourth rate increase this year, bringing

Meta Platforms Inc. (META) stock jumped 36% in September, bringing the tech giant within 1% of a $2 trillion market capitalization and marking its strongest monthly performance since July 2013. The rally was driven by the launch of its Muse personal AI assistant on Sept. 8 and the resolution of a ma

Samsung Securities analyzed two Federal Reserve rate-hike cycles over the past decade and their impact on financial stocks, concluding that rate increases do not always favor the sector. The analysis, released as investor interest in financial stocks rises amid expectations of further Fed rate

According to the Digital Chamber's official announcement, the organization has established a Compute Working Group in collaboration with DigitalPowerUS to influence regulatory policy on compute derivatives. The initiative will focus on shaping the Digital Chamber's response to the Commodity

Meta stock jumped 36% in September, bringing the tech giant within 1% of a $2 trillion market capitalization and marking its best monthly performance since July 2013. The rally was largely driven by strong investor

According to Samsung Securities' analysis published today, rate hike cycles are not automatically favorable for financial stocks, though current conditions present mixed opportunities. The brokerage examined two prior rate cycles (2016–2018 and 2022–2023), noting that current rate environments

South Korean President Lee Jae-myung and Mexican President Claudia Sheinbaum agreed on September 24 (local time) to establish a new ministerial dialogue channel for stable crude oil and critical resource supply chains, following their summit in Mexico City. The two leaders finalized a seven-year

The Korean government allowed retirement pension account investment in individual government bonds starting this month, resulting in total subscriptions of 258.5 billion won during the September 9-15 offering period. Retirement pension accounts contributed 143.3 billion won, representing over half o