Global TradFi & Macroeconomics

According to Odaily, Hong Kong's artificial intelligence sector led declines on October 15, with Loongson Technology (06809.HK) dropping over 11% and Cambridge Technology (06166.HK) declining over 8%. Other AI-related stocks including Lenovo Group (00992.HK), Zhipu (02513.HK), and MINIMAX-W (00100.H

According to Saudi-led coalition spokesperson Turki al-Maliki, the coalition intercepted and shot down a drone over eastern Saudi Arabia on October 15. The development follows escalating tensions, with Houthi forces announcing on October 14 that they had launched large-scale strikes against Saudi Ar

South Korea's National Pension Service (NPS) postponed its domestic stock investment rebalancing rules until the end of June, triggering debate over the fund's operational principles during a parliamentary audit. The decision came as foreign investors net sold 189.9 trillion won in the KOSPI

According to PANews, Hong Kong storage-related stocks declined on October 15, with leveraged products tracking the sector experiencing significant losses. The Southern Two Times Long Hynix product fell over 22%, while the Southern Two Times Long Samsung Electronics product dropped over 20%. Other se

The International Monetary Fund (IMF) projected South Korea's GDP gap will turn positive to +0.548% in 2024, according to its October World Economic Outlook (WEO) database released this week. The forecast marks a sharp reversal from the IMF's November 2023 projection of -1.0% for 2024, driven by a s

According to a post by Elon Musk on X on October 14, he praised Micron for being “reasonable” regarding future memory prices and criticized other suppliers for “extortionate” pricing, saying that “today's customers won't forget” and that Micron's move would benefit long-term customer loyalty. Elon Musk did not identify who “others” were; Samsung, SK hynix, and Micron are the world's three largest DRAM and HBM manufacturers. Elon Musk: Micron's reasonable pricing promotes loyalty; criticizes othe

Seoul forex dealers assessed USD-KRW exchange rate movement on October 15 following US September CPI data that exceeded market expectations. The US September CPI rose 3.7% year-over-year while core CPI increased 2.6%, both surpassing forecasts released overnight. Dealers interpreted the data as

According to the IMF's October World Economic Outlook database released this week, South Korea's GDP gap rate is now forecast at +0.548% for 2026, a sharp reversal from the -1.0% projection made in November 2025. The IMF expects the gap to widen further to 1.168% in 2027, more than double this

Bitcoin (BTC) continued its gradual decline, trading at around $81,620 on Oct. 15. The European Banking Authority designated USDC as the first significant electronic money token under MiCA. The US seized 112 servers and shut down 241 websites linked to investment scams targeting Russian-speaking Americans. The network had stolen tens of millions of dollars. Macro Events & Crypto Hotspots 1、According to the European Banking Authority (EBA) website, the EBA designated USDC, issued by Circle Intern

According to Reuters, TSMC is expected to post its sixth straight quarter of record profit on October 15, with net income projected to rise 65% to T$746.3 billion (US$23.4 billion), driven by sustained demand for AI chips and advanced chip-packaging technology. TSMC, a key supplier to Nvidia and

ImmunityBio (IBRX) secured expanded FDA approval for its immunotherapy drug Anktiva on Wednesday, covering adults with BCG-unresponsive non-muscle-invasive bladder cancer who have papillary-only tumors, yet shares remain on track for a 6% weekly decline. The approval arrived nearly three months

KOSPI plunged 7.23% to 5,574.11 as of 10:12 AM on October 15, falling below the 5,600 level for the first time since July 30 and extending losses to the 5,500 range during intraday trading. The decline was driven by a bond default crisis at US AI cloud services firm CoreWeave and

Multiple Korean securities firms are forecasting the USD-KRW exchange rate could fall into the 1,200 range, driven by robust economic growth and record semiconductor exports. Samsung Securities and Yuanta Securities previously predicted entry into the 1,200 range, while Daishin Securities, DB Securi

According to the FDA, ImmunityBio (IBRX) on Wednesday secured expanded approval for Anktiva, extending coverage to BCG-unresponsive non-muscle-invasive bladder cancer with papillary-only tumors. The decision arrived nearly three months ahead of the Jan. 6, 2027, target date. Papillary disease

As of 09:30 Beijing time (October 15), WTI crude oil futures declined 0.84%, while U.S. natural gas futures rose 2.22%.

According to Jin10 Futures, on October 15, South China LPG markets came under pressure yesterday as weak demand and additional terminal supply led to looser trading. Refinery and terminal prices fell into inversion, with refineries accumulating inventory. Raw material costs and offshore markets

The People's Bank of China conducted 45 billion yuan in 7-day reverse repo operations at 1.40% today (October 15), maintaining the rate from the previous operation. No reverse repos matured today.

According to PANews, the Nikkei 225 index fell 4.00% intraday on October 15, closing at 65,029.47.

The Russell 2000 index entered correction territory on Wednesday (Oct 14), falling 1.9% to 2,729.53 and marking a decline of over 10% from its August high, reflecting rising inflation and higher interest rates pressuring the most risk-sensitive stock segment. According to portfolio manager David

Bitcoin fell to $81,810 on October 15, hit by a cross-market chain reaction triggered by U.S. September Consumer Price Index (CPI) data that exceeded expectations. The stronger dollar and rising Treasury yields put U.S. stocks, precious metals, and cryptocurrencies under simultaneous pressure. Headline CPI’s year-over-year growth rose from 3.4% in August to 3.7% in September, while core CPI rose 0.3% month over month, with both figures exceeding expectations. September CPI Analysis: Headline Yea