Global TradFi & Macroeconomics

According to Goldman Sachs, Japan's largest foreign exchange intervention in 15 years on August 14 triggered a significant reduction in tactical yen carry trade positions, exceeding the initial unwinding volume following the July 2024 intervention. The dollar-yen exchange rate has already

Morgan Stanley upgraded LG Electronics and LG Innotek to 'overweight' from 'equal weight' on the 14th day, citing the companies' positioning as Physical AI and robotics beneficiaries. The investment bank raised LG Electronics' price target from 95,000 won to 260,000 won and LG Innotek's target from

JP Morgan raised its target price for Microsoft stocks from $550 to $625, representing a 13% increase, according to a report on Yahoo Finance on the 14th. Analyst Samik Chatterji cited the company's growth outlook and relatively lower capital expenditure compared to competitors as key reasons for th

According to Barcleys, South Korea's government bond issuance is expected to decline to 185.6 trillion won next year, down approximately 40 trillion won from this year, driven by increased tax revenues from the artificial intelligence semiconductor boom. The research firm noted that surplus funds fr

UBS maintained a Buy rating on Kontoor Brands (NYSE:KTB), the parent company of global jeans brand Wrangler and outdoor brand Helly Hansen, and raised its price target from 131 USD to 136 USD. According to CNBC on the 13th (local time), UBS analyst Mauricio Serna stated in a report that Kontoor Bran

According to JP Morgan, on August 14, analyst Samik Chatterjee raised Microsoft's price target from $550 to $625, a 13% increase, implying 30% upside from current trading levels. Chatterjee cited strong growth prospects and relatively lower capital expenditure requirements. Microsoft closed at $496.

According to UBS analyst Mauricio Serna, Kontoor Brands (NYSE: KTB) maintains a Buy rating with a price target raised to $136 from $131 on August 13. Serna cited three key growth drivers: accelerating revenue growth, margin expansion, and increased shareholder returns. The analyst expects annual rev

According to Morgan Stanley's latest report, the firm upgraded LG Electronics to Overweight from Equal Weight on August 14, raising its target price to 260,000 Korean won from 95,000 won. LG Innotek's target was also raised to 640,000 won from 265,000 won. The upgrades reflect Morgan Stanley's

According to ChainCatcher, U.S. Treasury Secretary Bessent announced on August 13 that the U.S. will continue economic sanctions on Iran and maintain a blockade of the Strait of Hormuz, preventing any goods from entering or leaving Iranian

According to BlockBeats citing BIT market data, on August 14, U.S. stock indices closed higher, with the Dow Jones Industrial Average rising 0.14%, the Nasdaq Composite gaining 1.34%, and the S&P 500 advancing 0.75%. Crypto-related stocks climbed broadly, with Coinbase (COIN) up 3.25% intraday and

Korean treasury futures rose in overnight trading on August 14, with the 3-year contract climbing 8 ticks to 103.37 and the 10-year contract gaining 33 ticks to 105.96. The rally was driven by relief over US producer price data for last month and a rare decline in international oil prices. Foreign i

According to Yonhap Infomax, on August 14, South Korea's 10-year government bond futures rose 33 basis points to 105.96, while 3-year futures gained 8 basis points to 103.37. The gains followed weakness in U.S. Treasury yields and lower-than-expected producer price data from the U.S. Department of

According to China Mobile, the company will distribute an interim dividend of HK$2.9003 per share on September 30, 2026.

According to Reuters, SanDisk jumped 13.7% on August 13 after projecting double-digit annual revenue growth through 2030, driven by surging AI data center demand. The NAND flash maker expects mid-to-high teens growth rates for fiscal years 2028-2030, as server storage needs expand alongside data cen

On Wednesday, Apple CEO Tim Cook attended the inauguration ceremony of Apple's new manufacturing facility in Houston, Texas, alongside U.S. Commerce Secretary Howard Lutnick and other government officials. The facility will begin producing Mac Mini desktop computers later this year, with portions of

On August 13, China Silver Group International (02099) approved an expansion plan for its Jiama copper-polymetallic mine in Tibet. The company plans to increase daily processing capacity from the current 50,000 tons to approximately 160,000 tons per day, pending completion of a pre-feasibility

According to Zhitong Finance, China Gold International (02099) posted attributable profit of $507 million for the first half of 2026, up 153% year-on-year, with earnings per share of 127.99 Hong Kong cents. Sales revenue reached $914 million, up 57.52% year-on-year. Gold production declined 18% to

Reserve Bank of Australia Governor Michele Bullock is scheduled to appear before the House Standing Committee on Economics in approximately ten minutes.

Fitch Ratings maintained the United States' sovereign credit rating at AA+ with a stable outlook on the 13th local time. The agency cited the country's large economy, high per capita income, dynamic business environment, and exceptional funding flexibility from the dollar's role as the global

Korea Investment Financial Group has been selected as the preferred bidder for the acquisition of KDB Life Insurance, according to a report published on the 14th by Shinhan Investment Securities researchers Lim Hee-yeon and Lee Ji-yeon. The analysts stated the acquisition aims to secure a