Global TradFi & Macroeconomics

Barclays on the 23rd maintained a cautious stance on long-term South Korean government bonds and kept its Underweight rating on corporate bonds. Researcher Son Beom-gi stated that even if meaningful rate cuts occur, they will be concentrated in short-term bonds, and a bullish shift requires market c

According to Barclays, on September 23, the bank maintained a cautious stance on South Korea's long-term government bonds and kept its underweight rating on corporate bonds. The bank's analyst projected that the 10-year government bond yield would reach 4.55% by year-end 2026 and 4.30% by Q3 2027, w

Spot gold declined to below $4,330 per ounce today, losing 0.65% intraday.

According to HSBC's preliminary survey released on September 23, India's economic activity accelerated in September after recent months of slowdown. The services PMI rose to 55.8 from 54.1, while manufacturing PMI increased to 55.7 from 52.8, bringing the composite index to 56.5, up from 54.3 in

Investor Michael Burry added short positions in Micron Technology, the iShares Semiconductor ETF, Nebius, and Palantir Technologies on Tuesday. Burry cited concerns that memory producers have reached overvalued levels and highlighted warnings from Acer's CEO that DDR4 memory faces oversupply while e

According to Michael Burry's latest Substack post, the 'Big Short' investor added to short positions in Micron Technology (MU), the iShares Semiconductor ETF (SOXX), Nebius (NBIS), and Palantir Technologies (PLTR) on Tuesday, saying memory producers have risen to "ridiculous prices" and will

According to Reuters and other sources, China's SC crude oil futures fell sharply today, dropping over 4% intraday and breaching the 700 yuan per barrel level for the first time since September 9. U.S. and Iranian representatives held multiple rounds of talks in New York during the UN General

According to Fitch Ratings, on September 23, the firm raised its 2027 oil price forecast to $70 per barrel from $65, predicting the global oil market will return to substantial oversupply next year. The revision reflects extended Middle East conflict duration and its impact on geopolitical risk

Retail investors sold Samsung Electronics and SK Hynix leveraged ETFs from the 16th to the 22nd, while foreign and institutional investors bought these products, KOSCOM data showed on the 23rd. The contrasting flows occurred as Samsung Electronics stocks rose 11.27% and SK Hynix gained 8.88%

According to Financial News citing KOSCOM data, retail investors were net sellers of Samsung Electronics and SK Hynix leveraged ETFs over the week of September 16-22, with KODEX SK Hynix Single Stock Leverage recording net outflows of 108.4 billion Korean won, the fourth-largest among all ETFs.

The Korea Financial Investment Association (KOFIA) and 10 comprehensive securities firms are strengthening self-regulation of margin lending starting next month. The measures aim to reduce investor losses and forced liquidation risks amid surging margin lending. KOFIA announced on the 23rd that

According to Herald Economy, US CPU semiconductor ETF 'KODEX US CPU Semiconductor TOP10' rose 25.66% from September 1–22, marking the highest gain among domestic listed ETFs this month. The surge follows Meta's September 8 launch of Muse, a personal AI agent, which ranked first on both Apple App

On September 23, South Korean brokerages issued sharply divergent price targets for Samsung Electronics. Yuanta Securities raised its target to 630,000 won from 530,000 won (up 18.9%), citing prolonged memory supply tightness through 2027-2028, while Kiwoom Securities maintained 350,000 won,

According to the Korea Financial Investment Association, on Sept 23, the regulator announced it will reduce credit extension limits to 90% of capital from Oct 1, down 10 percentage points from the regulatory ceiling of 100%. The measure aims to mitigate investor losses and forced liquidation risks a

According to Jin10, domestic gold jewelry prices fell 1-3 yuan per gram today across multiple brands, while Shuibei gold jewelry bucked the trend with a 2 yuan per gram increase.

According to Citi strategist David Chew, global equity investors reduced risk positions further last week, with short positions accumulating across multiple markets, particularly in U.S. small-caps, Europe, and select Asian markets. Many of these shorts are now underwater, creating conditions for a

According to Piotr Kotecki, a member of Poland's central bank monetary policy council, the bank is approaching serious discussions about interest rate hikes that may occur as early as November.

Singapore's consumer price index (CPI) rose 2.3% year-over-year in August, matching market expectations and slightly up from the previous month's 2.20%, according to official data.

South Korea's KOSPI index rose 31.61 points (0.45%) to 7049.52 as of 1:16 PM on the 23rd, after an early session peak at 7153.99. The index retreated from its intraday high as investors adopted a wait-and-see stance ahead of upcoming holidays and profit-taking emerged above the 7,000 level. Kang

According to Jin10 News, India is accelerating trade negotiations with Canada and Mexico on September 23, seeking market diversification amid U.S. tariff pressures. Representatives from India and Canada plan to hold their fifth round of talks starting October 5, with a potential agreement likely