Global TradFi & Macroeconomics

According to Hunan Yuyuan's latest investor call, the company expects lithium iron phosphate (LFP) battery material demand to grow approximately 30% in 2027. Despite significant expansion capacity planned across the industry, Hunan Yuyuan forecasts high-end LFP products will remain in short supply d

Palladium futures fell 2.00% intraday on November 2, trading at 226.60 yuan per gram.

According to Motley Fool on November 1, analyst Selena Maranjian warned that the S&P 500 has entered a statistical correction cycle after years of exceptional returns, signaling an inevitable bear market ahead. The index posted returns of 26.29% in 2023, 25.02% in 2024, 17.88% in 2025, and 13.86% th

According to Yonhapinfomax, Hoban Group became the largest shareholder of Hanjin Kal on November 2 after surpassing the combined stake of Hanjin Group chairman Cho Won-tae and his affiliates, which stood at approximately 20.6%. The group acquired the additional shares through open market purchases a

According to Nvidia, the company unveiled its next-generation CPO (Coherent Optical) solution and stated it has already obtained prototype samples, last week. The announcement came amid a broader market downturn affecting large-cap technology stocks, as investors shifted toward U.S. Treasury bonds d

POSCO Future M reported Q3 operating profit of 82.14 billion won, a 23.2% year-over-year increase, significantly exceeding market expectations of 16.8 billion won. Revenue reached 834.77 billion won, down 4.6% year-over-year but above analyst forecasts of 768.9 billion won. The strong performance

According to Yonhapinfomax, on the morning of November 2 (9:25 a.m. Seoul time), E-mini S&P 500 index futures rose 0.36% to 7,641.50, while E-mini Nasdaq 100 futures gained 0.52% to 28,682.50. The gains came after bargain buying following a recent technology sector selloff. Last week, U.S. indices f

U.S. equity strategist Wilson is bullish on U.S. stocks, viewing the midterm elections, concerns about AI capital expenditures, and liquidity constraints as three major clearing events. In the short term, these could push the S&P 500 down to around 7,100, but after they pass, it could still rebound to above 8,000. He also notes that stocks often rise in the 6–12 months after midterm elections, and that the resulting K-shaped market benefits large companies while putting pressure on low-quality small caps. Abstract (English): Mike Wilson, Morgan Stanley's chief U.S. equity strategist, is bullish on U.S. stocks despite three major “clearing” events—midterm elections, concerns over AI capital spending, and liquidity constraints—that could push the S&P 500 down to around 7,100 in the short term before it rebounds to above 8,000 once they pass. He notes that gains often occur in the 6–12 months after midterm elections, alongside a large IPO cycle, and that the market is K-shaped, with large caps thriving while small caps suffer.

According to Guru Club, on November 2, Goldman Sachs analyst Robert Quinn identified $3,850 per ounce as the next key support level for gold prices, citing $19.5 billion in selling pressure since September 22, primarily from non-reportable holders. Despite near-term headwinds from sovereign wealth l

Apple will report its fourth-quarter fiscal 2026 earnings after the market close on Monday (November 2), with investors focused on iPhone 18 Pro sales performance. The iPhone 18 Pro series, including the 18 Pro and 18 Pro Max, launched for preorder on September 12 and went on sale September

Morgan Stanley strategist Michael Wilson said in a recent research report that U.S. equities are being weighed down by three factors: concerns about AI capital expenditures, midterm election uncertainty, and tightening liquidity. However, as these headwinds gradually fade, the current correction may be nearing its end. Morgan Stanley maintained its year-end S&P 500 target of 8,000, while noting that the index could dip to the 7,100–7,200 range in the short term. S&P 500 year-end target of 8,000,

According to Jin10 Data, as of 10:30 AM on November 2, gold bars from major Chinese banks showed mixed price movements. Zhou Shengsheng, China Construction Bank, and Lao Fengxiang led gains, with Zhou Shengsheng posting the largest increase at 8 yuan per gram versus the previous day. China

Japan's benchmark Nikkei 225 index declined 0.3% at the early close on November 2, while the Topix index fell 0.8%.

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) mid-price rose to 97,300 yuan/ton today, up 250 yuan/ton from November 1's close.

South Korea's credit card bond issuance market has shown increased activity recently, with investors now actively inquiring about allocation opportunities, according to multiple bond market participants. The shift follows bond market stabilization and growing perception that interest rates have

According to Jin10, Shanghai Gold opened at 838.43 yuan per gram on Monday, November 2, trading 2.28 yuan per gram above the international gold price of 836.15 yuan per gram.

According to Guru Club, on November 2, the Indonesian rupiah weakened to 18,140 rupiah per 1 U.S. dollar.

According to ChainCatcher, Kioxia stock fell 15% on Monday after the Japanese NAND flash memory manufacturer issued December quarter operating profit guidance of 2 trillion yen (approximately $12.7 billion), below analyst consensus of 2.35 trillion yen and only marginally above the 1.99 trillion yen

Korea Exchange, Korea Securities Depository, Korea Securities Finance and Koscom on November 2 unveiled a joint roadmap to shorten South Korea's stock settlement cycle to T+1 from the current T+2, targeting implementation in 2028. The institutions aim to complete system development by October 2027 t

Korean government bond futures opened lower on the morning of November 2, with 3-year contracts down 4 ticks to 103.46 and 10-year contracts falling 19 ticks to 107.85. The decline reflected profit-taking after a rapid rally in domestic rates over the previous week, while US Treasury yields posted o