Global TradFi & Macroeconomics

Ionic Digital surged more than 25% to nearly $63 in its Nasdaq debut on Tuesday, giving the bitcoin miner and AI infrastructure firm an implied valuation of roughly $2.75 billion. The company went public via a direct listing under the ticker IOND, opening at $50 against a $53 reference price. Ionic

On Tuesday, July 28, spot gold fell 1.17% to $4,028.70 per ounce during New York afternoon trading, trading between $4,083.01 and $4,011.82 throughout the session. COMEX gold futures declined 1.11% to $4,090.40 per ounce. Spot silver fell 2.12% to $57.1299 per ounce, while platinum and palladium

The Trump administration announced a proposal Tuesday allowing the Federal Aviation Administration to bypass environmental reviews for commercial rocket launches, spacecraft reentries, and launch site approvals. Transportation Secretary Sean P. Duffy stated the initiative aims to eliminate red

The Conference Board released its July consumer confidence survey results on the 28th (local time), showing the US labor market differential—a leading indicator of unemployment—declined to 3.1 percentage points from 3.8 percentage points the previous month, marking the third consecutive monthly decl

The Nasdaq 100 entered correction territory as of July 28, declining more than 10% from its recent peak amid a selloff in semiconductor and memory stocks. Dell dropped 13%, Intel fell 7%, and several memory manufacturers declined approximately 10% during the US trading session. The downturn raised q

According to the American Petroleum Institute (API), U.S. heating oil inventories fell by 125,000 barrels for the week ending July 24, compared to a previous week build of 495,000 barrels.

According to API, U.S. gasoline imports surged to 297,000 barrels per day for the week ending July 24, compared to 43,000 bpd in the prior week.

According to the American Petroleum Institute (API), U.S. crude oil inventories at Cushing fell 273,000 barrels for the week through July 24, compared with a decrease of 737,000 barrels in the prior week.

According to API data, U.S. refining crude oil inventories for the week ending July 24 fell to 355,000 barrels, significantly below the forecasted 648,000 barrels and the prior week's 1.759 million barrels.

South Korean President Lee Jae-myung on May 28 (local time) emphasized the need for concrete cooperation outcomes in next-generation aircraft, critical minerals supply chains, and K-beauty at a Korea-Brazil Business Roundtable held at a hotel in São Paulo, Brazil. Lee stated that combining Korea's a

According to API data, U.S. gasoline inventories reached 918,000 barrels for the week ending July 24, beating expectations of a 1.204 million barrel decline.

According to the API, U.S. crude oil inventories fell 3.296 million barrels for the week ended July 24, significantly exceeding the expected decline of 1.35 million barrels and reversing the prior week's increase of 2.603 million barrels.

The Nasdaq Golden Dragon China Index closed up 1.08% at 6,325.46 on July 28. Among major Chinese tech stocks, Li Auto gained 4.9%, Atour gained 4.5%, Netease rose 3%, Xiaomi advanced 2.3%, New Oriental gained 1.7%, and Pinduoduo and Tencent each rose 1%. Alibaba added 0.3%, while Baidu and ASMedia d

On July 24, three cryptocurrency investors filed a federal lawsuit against Apple (Nasdaq: AAPL) in the U.S. District Court for the Northern District of California, alleging they collectively lost $1.8 million in Bitcoin through a counterfeit wallet app listed on the App Store. The fake app

On Tuesday (July 28), U.S. sector ETFs posted mixed results. Global airline ETF rose 2.87%, healthcare ETF gained 2.38%, and internet stocks ETF advanced 1.59%. Meanwhile, semiconductor ETF fell 3.45%, global tech ETF declined 2.08%, and technology ETF dropped 1.84%. Energy ETF

According to Farside Investors, US spot Bitcoin ETFs recorded net outflows of $11.6 million on July 27, marking the third consecutive day of capital exodus. BlackRock's IBIT fund led outflows with $8.8 million, followed by Fidelity's FBTC with $2.8 million. The outflow rate has begun to slow. In co

Bitcoin fell 2% on Tuesday, reaching an intraday low of $62,684 before recovering near $63,660 as of 2:37 p.m. EST. The decline came as traders positioned ahead of the Federal Open Market Committee meeting and core Personal Consumption Expenditures price index data scheduled for the final week of

According to Korea Exchange, institutional pension funds, including the National Pension Fund, made net purchases of 105 billion won on the KOSPI market from July 1 through July 28, amid a month-long sell-off exceeding 2,400 points. National Pension Service Chairman Kim Sung-ju stated the fund

UK households showed reduced inflation concerns in July according to the Citi/YouGov survey released on July 28. One-year-ahead inflation expectations fell to 3.4% from 3.8% in June, while five-year expectations declined to 3.7% from 3.9%. The cooling trend arrives days before the Bank of England's