Global TradFi & Macroeconomics

Korean retail investors reduced ETF net purchases to 2.3756 trillion won in August, marking the lowest monthly level this year and a 73% decline from July's 8.7868 trillion won, according to Korea Exchange data released on the 2nd. The sharp contraction reflects weakened investment sentiment as

According to Yonhapinfomax, European natural gas prices hit their highest level since January 2023 on September 2, with TTF hub futures in the Netherlands breaching 75 euros per MWh intraday before settling at 73.60 euros—up over 2% from the previous day. The surge reflects escalating military

According to Korea Exchange, individual investor ETF net purchases in August totaled 2.376 trillion won, down 73% from July's 8.787 trillion won and marking the lowest monthly figure this year. Analyst Yoon Jae-hong from Mirae Asset Securities attributed the decline to investor sentiment

The Magnificent 7 technology index closed up 0.87% at 226.71 points on Wednesday, September 2, as U.S. tech stocks extended early gains with narrow consolidation at higher levels. The broader Tech Titans index gained 0.58%, closing at 445.95 points.

The Federal Reserve released its August Beige Book on the 2nd (local time), reporting that economic activity increased modestly since early July, with 10 of 12 Fed districts experiencing growth at a slight to moderate pace while two districts reported no change. The report stated that consumer

US stock market indices rose together on 2일 (US Eastern Time) after four consecutive days of decline, as US Treasury yields declined slightly and bargain buying emerged. Mid-to-long term Treasury yields fell by approximately 1 basis point after five trading days of sharp increases that had

The Federal Reserve released its August Beige Book on September 2, reporting that 10 of its 12 regional Federal Reserve districts experienced slight to moderate economic growth since early July, while two districts saw no change in activity. Consumer spending increased modestly overall, with report

On Wednesday (Sept. 2), spot gold rose 1.39% to $4,389.36 per ounce at the New York close, while spot silver gained 1.97% to $65.34 per ounce. The Philadelphia Gold & Silver Index advanced 3% to 403.57, and the NYSE ARCA Gold Miners Index climbed 1.91% to 2,794.88.

GoPro merged with US optical communications company Starman Optical in a deal valued at $285 million, the companies announced on May 1. The action camera maker, once valued at nearly $12 billion in 2014, saw its market capitalization collapse to $300 million amid competition from lower-priced

According to Maeil Business, on September 1, GoPro finalized a merger agreement with Starman Optical, a U.S. optical and photonics company specializing in AI datacenter infrastructure. Starman will pay GoPro shareholders $285 million in cash, acquiring approximately 90% post-merger ownership. GoPro

Microsoft announced Wednesday it will begin disclosing quarterly revenue for its Azure cloud business, providing investors with detailed financial transparency for a unit that competes with Amazon Web Services and Google Cloud Platform. The decision accompanies a broader restructuring that

Snowflake shares rose 22% in extended trading on Wednesday after the data analytics software maker reported fiscal second quarter results that surpassed Wall Street expectations. The company posted adjusted earnings per share of 62 cents

Broadcom shares dropped 5% in extended trading on Wednesday after the chipmaker issued disappointing guidance for the current quarter, despite beating earnings expectations. The company reported adjusted earnings per share of $3.32 versus $3.24 expected and revenue of $29.59

According to CNBC, Snowflake shares surged 22% in extended trading on Wednesday after the data analytics software maker reported fiscal Q2 results that beat expectations. The company posted adjusted earnings per share of 62 cents versus 45 cents expected and revenue of $1.55

On September 2, the Nasdaq Golden Dragon China Index fell 0.05% to close at 6051.33. Among major Chinese tech stocks, Sungrow Power Energy led gainers with a 5.5% rise, followed by Meituan up 4.4% and Xiaomi up 2.2%. In declines, Century Link fell 2.3%, while Alibaba and MediaTek each

According to Coinbase's official announcement, Anthony Armstrong will join the company's board of directors and audit committee. Armstrong recently served as chief financial officer (CFO) of xAI and X Corp, and previously spent nearly a decade at Morgan Stanley leading global technology mergers and

On Wednesday (Sept 2), gold ETF surged 1.52%, while Russell 2000 small-cap index ETF rose 1.18%, topping major U.S. equity asset class ETFs. Long Japanese yen, emerging markets, and Dow ETF also posted modest gains of 0.93%, 0.57%, and up to 0.54%, respectively. Conversely, agricultural

HPE signed a $3.5 billion agreement with a major hyperscaler following its third quarter earnings, according to the company's latest disclosure.

Bitcoin and gold markets are experiencing correlated movements as gold retraces gains from August. CryptoTwitter commentator Ran Neuner reported that interest rate hike odds have risen to 70%, up from 40% last week. The shift is driven by energy prices and economic discussions at Jackson Hole.

According to CryptoTwitter commentator Ran Neuner, interest rate hike odds have risen to 70% from 40% last week, driven by energy prices and monetary policy discussions at Jackson Hole. This shift is adding downward pressure to Bitcoin as gold prices retreat from their August rally gains,