TradingKey

TradingKey - At 10:00 AM ET on Tuesday (July 13), Federal Reserve Chairman Warsh will appear before the U.S. House Financial Services Committee to testify on the Fed's semi-annual monetary policy report. This will mark the first time Warsh has submitted the semi-annual monetary policy report to Congress since taking office as Fed Chair. Subsequently, he will also attend a hearing before the Senate Banking Committee on July 15.

TradingKey — Recently, Nvidia (NVDA) CEO Jensen Huang, along with CFO Colette Kress and Head of Investor Relations Toshiya Hari, personally attended a non-deal roadshow (NDR) hosted by Morgan Stanley in California, directly addressing the triple concerns of institutional investors regarding product progress, ASIC competition, and growth sustainability.

TradingKey - Seoul, July 13: The South Korean government officially released its fiscal year 2027 budget plan today, with total fiscal expenditure surpassing 800 trillion won (approximately $530 billion) for the first time. This represents a significant jump from this year's 727.9 trillion won and marks the largest spending record in South Korean history. The confidence behind this "super budget" stems primarily from better-than-expected tax revenue dividends generated by the nation's semiconductor industry amid the global artificial intelligence wave.

The escalation of the U.S.-Iran conflict has stalled Bitcoin's rebound, with this week's CPI data and Kevin Warsh's congressional debut likely to drive prices further downward.

TradingKey - The United States will release June Consumer Price Index (CPI) data this Tuesday, marking one of the most critical macro events for global financial markets this week. Following a significant pickup in U.S. inflation in May, and as recent Middle East tensions, oil price volatility, Fed meeting minutes, and non-farm payroll data collectively shift market expectations, the June CPI will significantly impact the Federal Reserve's next policy assessment while directly determining the short-term trajectory of U.S. stocks, the U.S. Dollar (USD), and Gold (XAUUSD).

Japanese and South Korean stock markets faced a "Black Monday" as the KOSPI plunged more than 8%, triggering circuit breakers. The Nikkei 225 fell nearly 2%, while SK Hynix plummeted 15%, Samsung dropped more than 10%, and Kioxia fell over 12%.

TradingKey - During the Asian trading session on July 13, the South Korean stock market experienced a "Black Monday." Despite reports that Samsung Electronics has completed the tape-out of Tesla's AI5 chips and is preparing for production, the company's share price still closed down over 10%, leading the decline in the KOSPI Index. The Korea Exchange (KRX) urgently activated its "Sidecar" mechanism during the session to suspend program trading sell orders.

TradingKey - TSMC (TSM) released June revenue data today that shocked the market. Data shows that monthly consolidated revenue reached NT$442.68 billion, not only increasing 6.2% month-on-month from May but also surging 67.9% year-on-year, with the annual growth rate hitting a recent high.

The KOSPI plunged 8%, triggering circuit breakers, while SK Hynix plummeted 13%, sparking a stampede in tech stocks.

• Solana declined due to broader risk-off sentiment and rising Treasury yields. • Institutional demand for spot Solana ETFs has reached a localized saturation point. • Derivative market liquidations and cooling on-chain activity pressured Solana's price.

• Geopolitical tensions in the Middle East are heightening concerns regarding global crude supply disruptions. • OPEC+ plans to extend voluntary production cuts to maintain a stable price floor. • A weakening US dollar and algorithmic buying are driving increased investment in energy markets.

• USOIL prices rose due to escalating geopolitical tensions between the United States and Iran. • Fears of a Strait of Hormuz blockade are driving a significant supply risk premium. • Unexpected draws in U.S. distillate and gasoline inventories signal robust domestic fuel consumption.

• Rising U.S. Treasury yields and dollar strength are pressuring Bitcoin prices. • Net outflows from U.S. spot Bitcoin ETFs have reduced critical price support. • Leveraged long liquidations and increased exchange inflows are accelerating the current downturn.

• Rising Treasury yields and a stronger U.S. Dollar create headwinds for Ethereum. • Institutional net outflows from Ethereum ETFs have accelerated due to DeFi stagnation. • Increased exchange deposits and neutral funding rates reflect growing sell-side pressure.

• Brent crude prices rose due to geopolitical tensions near the Strait of Hormuz. • OPEC+ signaled a potential delay in scheduled production increases to maintain market balance. • Strong Asian manufacturing data and a weaker dollar supported global oil demand outlook.

• Macro-induced de-risking and rising Treasury yields are pressuring XRP market liquidity. • Increased exchange inflows and long liquidations indicate rising institutional profit-taking and selling. • Regulatory uncertainty and restrictive monetary policy continue to weigh on investor sentiment.

• Geopolitical tensions in the Strait of Hormuz are increasing Brent crude oil price risk premiums. • Unplanned North African production outages and OPEC+ discipline have tightened global crude oil supplies. • Strong seasonal fuel demand and a weaker US dollar are supporting rising oil prices.

TradingKey - WTI crude oil (USOIL) prices surged during the early Asian session on July 13. Driven by the escalation of the US-Iran conflict over the weekend, the market has factored the risk of supply disruptions in the Strait of Hormuz back into its trading logic, with WTI crude rising by over 4% to reach an intraday high of $74.66.

SK Hynix shares plummeted more than 10% today, falling below the 2 million won mark and hitting a one-month low.

Micron announced $250B in US manufacturing investment through 2035, SK Hynix listed at +14% on Nasdaq but MU held $980, and TD Cowen says ‘it’s different this time.’ At $982 with Q4 earnings September 22, here’s the week-ahead setup.