Monday, July 13, 2026

China’s NDRC chairman meets Indonesia’s coordinating ministers for economic and maritime talks. Hyundai Elevator execs buy treasury shares. Prediction markets: 20.5% chance Fed funds upper bound stays above 3.75% after July 29 meeting, 30.5% chance July payrolls beat 125k. Geopolitics: NDRC-Indonesia talks aren’t just photo ops. Watch for nickel supply chain guarantees and BRI rail/port financing. This is interesting — Jakarta wants downstream investment, Beijing wants resource security. EV battery names like CATL could get a fresh catalyst. Corporate: Hyundai Elevator insiders buying treasury shares. Good signal. Usually tees up buybacks or restructuring. Stock caught a bid early in Seoul. Not a huge name, but this kind of quiet accumulation in Korean mid-caps often pays off. Macro/rates: Kalshi markets pricing a 79.5% chance the Fed’s upper bound is 3.75% or lower after July 29. Payrolls above 125k seen as a 30% shot. That’s a dovish cocktail — cuts are baseline, not a surprise. N

China’s NDRC chairman meets Indonesia’s coordinating ministers for economic and maritime talks. Hyundai Elevator execs buy treasury shares. Prediction markets: 20.5% chance Fed funds upper bound stays above 3.75% after July 29 meeting, 30.5% chance July payrolls beat 125k.