Global TradFi & Macroeconomics

According to credit rating agencies, Ecopro's credit outlook was downgraded to negative on August 26. The South Korean battery manufacturer's debt has increased by 2 trillion won over the past 2.5 years amid large-scale capital investments, while a planned 1.2 trillion won equity increase from its s

According to Uniswap founder Hayden Adams, tokenization is reshaping who participates in market-making and what gets traded, with automated market makers (AMMs) still in early stages despite $4.6 trillion in cumulative volume. The DTCC completed live tokenized trading tests in July, while the SEC ha

Mirae Asset Asset Management forecasted on August 26 that semiconductor supply chain companies will benefit from expanded investment by memory chip manufacturers. Jung Eui-hyun, head of Mirae Asset's ETF division, stated during a YouTube webinar that equipment, materials, and components companies wi

According to Yonhapinfomax, South Korea's government bond futures surged on August 26 morning, with the 10-year contract rising 50 basis points to 106.15 and the 3-year contract up 8 basis points to 103.37. Foreign investors made net purchases of 906

According to Jin10 Futures, China's CNEX broader market sentiment index fell to 48 as of 10:15 on August 26, down 3 points from 08:45. By institution type, large banks reported 47 (down 3), mid-size banks 49 (down 3), and non-bank institutions 47 (down 3). The index ranges from 0 to 100, with 50 rep

According to major brokerage reports, Samsung Electronics unveiled a record 90 trillion won shareholder return plan on August 26. Analysts view the recent stock price decline as an excessive reaction to macroeconomic uncertainty, with the company's shareholder returns expected to support the stock

According to Bit.com, Grayscale's Zcash spot ETF (ZCSH) recorded $14.8 million in trading volume on its first day on U.S. exchanges on August 26. The token rose over 3.5% intraday before closing down 1.54%. ZCSH is the first publicly traded product offering direct spot exposure to Zcash

According to ChainCatcher, Bitget opened registrations for its KCGI 2026 global invitational tournament on August 26, with registration closing on September 22. The competition integrates crypto futures, traditional finance futures, and stock spot trading (rTokens) into a unified leaderboard and

According to Guru Club, pure benzene futures hit the daily limit down on August 26, with the main contract declining 6% to 7,320 yuan/ton.

Bank of Korea's hawkish communication does not align with weaker domestic economic indicators compared to the 2021-2022 rapid rate hike cycle, according to a Barclays report released August 26. Economist Son Beom-ki stated that weak private consumption and declining real wages make a back-to-back Au

According to industry insiders, Tesla's Shanghai data center built for Full Self-Driving (FSD) expansion has been vacated and its team fully withdrawn as of August 25. The company removed China from its FSD Supervised global availability list on August 21, just three months after announcing FSD

According to China National Petroleum Corporation (CNPC), the Heihe-Daqing natural gas pipeline project commenced construction in Heilongjiang on August 26. Upon completion, the project will enhance the "northern gas to southern regions" transmission system's annual capacity by 10 billion cubic

The USD-KRW exchange rate dropped over 180 won in a two-month period, hitting a year-low on the 24th of this month at 1,376.50 won after peaking at 1,559.20 won on the 1st of the previous month. The sharp decline was driven by heavy dollar selling from exporters, offshore short positions, and month-

The US Treasury will ultimately need to issue short-term Treasury bills (T-bills) to fund long-term bond buybacks despite using cash from its General Account (TGA), according to BNY Mellon's US strategy head John Velis. In a report released on local time 25th, Velis stated that the Treasury's plan t

Hana Securities analyst Lee Kyung-soo stated in a report on the 26th that the August stock market rotation is a result of differentiation created by high interest rates rather than liquidity expansion. Capital flowing out from big tech companies with heavy capital expenditure burdens is creating a t

According to BNY Mellon strategist John Velis on August 25, the U.S. Treasury will ultimately need to issue short-term Treasury bills to fund long-dated debt buybacks, even as it draws down cash reserves. Velis noted that the Treasury's plan to maintain a cash balance of $8.5 billion by year-end