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HSBC says LG Electronics’ pivot to a B2B mix—auto parts, AI data centers and robotics—appears to be accelerating and should sustain strong earnings momentum. Tariff refunds and recovering TV and home-appliance margins drove a record preliminary Q2. H

2026-07-09

HSBC says LG Electronics’ pivot to a B2B mix—auto parts, AI data centers and robotics—appears to be accelerating and should sustain strong earnings momentum. Tariff refunds and recovering TV and home-appliance margins drove a record preliminary Q2. HSBC expects Q3 operating profit of KRW 1.1 trillion, raised EPS forecasts by 6% for 2026, 9% for 2027 and 14% for 2028, and lifted its target price 56% to KRW 280,000 while maintaining a Buy rating. Shares last traded at KRW 177,800.

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2026-07-09

China June PPI YoY 4.1%; expected 4.1%; prior 3.9%.

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2026-07-09

Federal Reserve's Williams: I have no monetary policy concerns about the way the Treasury manages the Federal Reserve's accounts.

Federal Reserve's Williams: I have no monetary policy concerns about the way the Treasury manages the Federal Reserve's accounts.
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