Global TradFi & Macroeconomics

Broadcom reported record quarterly revenue and operating profit for its fiscal 2026 third quarter on the 2nd (local time) after the New York market close, with revenue reaching $29.6 billion—an 86% year-over-year increase that exceeded market estimates. The AI chip maker's earnings per share of $3.3

According to a survey by Japanese research institutions, Japan is expected to see food price increases across 4,923 products in September, roughly triple the figure from a year earlier. This marks the first time since April 2025 that monthly price hikes have exceeded 4,000 product varieties,

Hyundai Department Store, Shinsegae, and Lotte Shopping experienced sharp stock declines in the second half, with drops of 52.14%, 48.81%, and 37.95% respectively from their June 30 closing prices. The won-dollar exchange rate fell from the 1550-range in early July to 1368.7 won, weakening foreign t

According to the Korea Exchange, South Korea's three major department store operators' share prices tumbled significantly in the second half of 2026. Hyundai Department Store dropped 52.14% from 193,700 won on June 30 to 92,700 won as of September 2, while Shinsegae fell 48.81% from 755,000 won to 3

Broadcom's CFO has forecast capital expenditure of $1.4 billion for the fourth quarter, driven by increased investments in semiconductor production capacity.

According to CNBC and Bloomberg, Broadcom's stock fell approximately 4% in after-hours trading on September 2 following its fiscal Q3 earnings report, despite beating Wall Street expectations. The company reported quarterly revenue of $29.59 billion, up 86% year-over-year and exceeding LSEG

According to Bloomberg data compiled, nearly half of the companies in the S&P/ASX 200 index reported earnings that exceeded forecasts in early August, with profit-beaters outnumbering disappointments at a 1.5-to-1 ratio. The strong results drove Australia's benchmark stock index to a record high in

International oil prices rose for a third consecutive trading day on September 2 (US Eastern Time), driven by escalating US-Iran tensions. WTI crude for October delivery closed at $91.01 per barrel, up $0.79 (0.88%), while Brent crude for November delivery settled at $95.63 per barrel,

Payward, the parent company of cryptocurrency exchange Kraken, has delayed its initial public offering to the second quarter of 2027, citing ongoing challenges in the cryptocurrency market. The announcement, surfaced by CryptoTwitter commentator @WuBlockchain, comes after the company

Broadcom CEO Hock Tan forecasted that AI chip revenue will reach approximately $115 billion in 2027 and around $230 billion in 2028. The company expects to deliver its third-generation chip to Meta by the end of 2027. Broadcom also targets earnings per share of $30 for its 2028 fiscal

According to Binance official account, the platform recently highlighted a significant trend among users, particularly high-net-worth individuals, who are increasingly seeking access to both cryptocurrency and traditional finance. Binance's observation emphasizes that the future will not pit crypto

KOSDAQ stocks recorded a 15.91% gain in August, the highest August increase since the market's 1996 launch, according to Korea Exchange data released on September 3. However, daily trading volume collapsed 60% from 14.9122 trillion won in January to 5.9868 trillion won in August. Analysts

Korean investors shifted capital away from the KOSPI stock market during June through August, as daily trading volumes declined 48.66% and investor deposits fell below 100 trillion won for the first time since February 11, according to Korea Exchange and Financial Investment Association data. The

According to Newsis, South Korea's KOSDAQ index surged 15.91% in August, marking its best monthly performance since the market's inception in 1996. However, daily average trading volume fell to 5.98 trillion won from 14.91 trillion won in January—a 60% decline—signaling dried-up liquidity despite th

According to the Korea Exchange and Financial Investment Association, KOSPI trading volumes and investor deposit balances declined sharply from June through August. Average daily trading volume fell from 50.3 trillion won in June to 25.8 trillion won in August, a 48.66% decrease. Investor deposits a

Coinbase appointed Anthony Armstrong to its board of directors, where he will serve on the Audit and Compliance Committee, according to a filing with the U.S. Securities and Exchange Commission. The appointment expanded Coinbase's board from nine to ten members. Armstrong brings nearly a decade of i

On Wednesday (September 2), offshore Chinese yuan (CNH) traded at 6.7180 against the U.S. dollar at the New York close, up 41 pips from Tuesday's close. Intraday trading ranged between 6.7267 and 6.7161 yuan per dollar.

According to RBC Capital Markets strategists, the U.S. Treasury's expanded buyback plan maintains positive effects on long-end debt yields on Wednesday, despite 30-year yields reverting to near pre-announcement levels. The strategists noted that long-end swap spreads have held their gains since the

South Korea's foreign exchange reserves reached $442.3 billion in August 2026, up from $427.95 billion in the previous month, according to official data. The month-on-month increase of $14.35 billion represents a 3.4%

European natural gas prices reached their highest level since 2023 on September 2 as the United States and Iran resumed military clashes more than six months into the Iran war. Dutch TTF hub natural gas futures rose over 2% to €73.60 per megawatt-hour (MWh) by 2:10 p.m. local time September 2,