Global TradFi & Macroeconomics

According to Jin10, U.S. Treasury Secretary Janet Bessent expects one to two months of elevated inflation data ahead, followed by a moderation in inflation.

OPEC+ representatives announced on May 14 that the organization plans to complete a series of quota increases while maintaining symbolic monthly production increments. The officials reiterated OPEC+'s commitment to the ongoing production adjustment

According to its second-quarter guidance, SMIC (00981.HK) expects sequential revenue growth of 14% to 16%, with gross margin projected at 20% to 22%, representing a 2 percentage point increase from first-quarter guidance.

Chinese chipmaker SMIC reported Q1 2026 revenue of $2.505 billion, up 0.7% sequentially. Gross margin expanded to 20.1%, increasing 0.9 percentage points from the prior quarter.

In May 2026, the consecutive “blowout” of U.S. inflation data is profoundly rewriting the pricing logic for global risk assets. In data released by the U.S. Bureau of Labor Statistics on May 13 local time, April’s Producer Price Index (PPI) rose year over year to 6.0%, far above the market expectation of 4.9%, and surged 1.4% month over month, marking the largest single-month increase since March 2022. After excluding food and energy with higher volatility, core PPI climbed 5.2% year over year,

On May 13, Cisco released fiscal 2026 third-quarter earnings, reporting revenue of $15.84 billion, up 12% year-over-year and exceeding analyst expectations of $15.56 billion. Non-GAAP net income reached $4.2 billion, up 10%, with diluted earnings per share of $1.06, beating the expected

According to msx.com data, pre-market crypto-related U.S. stocks showed mixed performance on May 14: CRCL fell 0.8%, COIN rose 0.1%, MSTR rose 0.03%, SBET rose 0.29%, and HOOD fell 0.36%.

According to reports, the leadership of three major U.S. public pension funds have raised concerns about SpaceX ahead of its planned IPO, citing "extreme" ownership arrangements and control structures that concentrate power within company management. The pension funds are calling for SpaceX to

Alibaba Health (00241.HK) reported net profit of RMB 1.936 billion (approximately USD 270 million) for the first quarter of 2026, representing a year-over-year increase of 35.2%.

According to Statistics South Africa, the country's platinum group metals production increased 10.5% year-over-year in March.

According to Statistics SA, South Africa's gold production rose 17.1% year-over-year in March.

On May 14, polyester downstream producers in China's Zhejiang region reported significantly weakened production and sales activity. Polyester filament (POY) capacity utilization dropped to 2–3%, while polyester short fiber average production reached 79%, reflecting marked demand softness across

On May 13, 2026, Ledger announced it would indefinitely pause its plans for an initial public offering in the United States, citing "dynamic market conditions" and a shifting regulatory landscape as primary drivers for the delay. The Paris-based hardware wallet manufacturer, which was expected to de

SpaceX's expected June IPO, potentially valued at $2 trillion, is already prompting the S&P 500 to consider fast-tracking its inclusion into the benchmark index, with rule changes proposed ahead of a May 28 deadline. The proposed changes would eliminate profitability requirements, cut the

According to CoinGecko and DTCC, Chainlink (LINK) traded at $10.17 on May 14 after the Depository Trust & Clearing Corporation confirmed it will use Chainlink's Runtime Environment as the automation layer for its new Collateral AppChain, targeting a Q4 2026 production launch. With $734 million in 24

According to the People's Bank of China's April financial statistics report released on May 14, the weighted average rate for interbank lending in April stood at 1.29%, down 0.09 percentage points from March and 0.44 percentage points from the same period last year. The weighted average rate for ple

According to the People's Bank of China, yuan deposits reached 342.68 trillion yuan at end-April 2026, up 8.9% year-over-year. In the first four months of the year, yuan deposits increased by 14 trillion yuan, with household deposits up 5.74 trillion yuan, non-financial enterprise deposits up 1.43 t

The UK government announced that a new money market regime is expected to be implemented in the fourth quarter of 2026, pending parliamentary approval.

According to the People's Bank of China, as of end-April, the broad money supply (M2) stood at 353.04 trillion yuan, rising 8.6% year-on-year. The narrow money supply (M1) reached 114.58 trillion yuan, up 5% compared to the same period last year, while M0 in circulation totaled 14.75 trillion yuan,

According to CoinDesk, Moody's has awarded its highest rating AAA-mf to Fidelity and BlackRock's tokenized money market funds, recognizing the highest standards in credit quality, liquidity, and capital preservation. Fidelity's FILQ fund launched on May 6 on Sygnum's Desygnate tokenization