Global TradFi & Macroeconomics

According to Guru Club, the Abu Dhabi National Oil Company (ADNOC) announced today that it will invest more than $8 billion to expand production capacity. The investment will advance the second and third phases of its rich gas development

According to UBS analysis of the Vera Rubin superchip bill of materials, memory semiconductors now account for approximately 62% of total platform cost, up sharply from 53% in the prior-generation Blackwell Ultra (GB300). The Vera Rubin superchip (containing one Vera CPU and two Rubin GPUs)

According to analyst Alpha Analyst, Micron Technology (MU-US) stock surged 208% year-to-date, but its valuation now faces scrutiny compared to rival SK hynix (SKHY-US). Earlier this year, Alpha Analyst rated Micron "Sell" and SK hynix "Buy," citing a significant valuation gap. Micron's forward

According to Jefferies, the investment bank cut its price target for Tesla to $350 from $400.

Kumho Petrochemical reported Q2 operating profit of 339 billion won on the 11th, a 420% increase compared to the previous year and 471% higher than the previous quarter, significantly exceeding market consensus of 147 billion won. The earnings surprise was driven by improved profitability in the

According to analysts at Shinhan Investment and BNK Investment, Kumho Petrochemical recorded an earnings surprise in the second quarter, with operating profit reaching 339 billion won, up 420% year-over-year and 471% quarter-over-quarter, significantly exceeding market consensus of 147 billion won.

According to state media, Yemen's Houthi forces launched a large-scale, high-intensity strike on August 9 targeting Saudi-backed armed forces at Mokha port in Taiz Province, deploying ballistic missiles and unmanned drones against assembly points and weapons caches. China's crude oil futures main c

According to Jin10, offshore yuan HIBOR rates mostly climbed on Monday (August 10), with the one-year rate hitting 1.70682%, marking the highest level in three weeks since July 20. Other tenors included overnight HIBOR at 1.34439%, one-week at 1.40636%, and two-week at 1.43515%.

SHIBOR overnight rate rose to 1.3770% today, up 1.6 basis points. The 7-day SHIBOR climbed to 1.4000%, up 0.9 basis points, while the 3-month SHIBOR held steady at 1.4300%.

Tesla and SpaceX CEO Elon Musk endorsed a Cloudflare study predicting that machine-generated internet traffic will surpass human traffic by 1,000 times within five years, while investor Michael Burry questioned the sustainability of AI investments in response. Cloudflare CFO Thomas Seifert stated th

According to Cloudflare, machine-generated Internet traffic will surpass human-generated traffic by 1,000 times within five years, with the inflection point arriving ahead of schedule in May 2026. Tesla and SpaceX CEO Elon Musk endorsed the research, stating on X that "AI agentic Internet traffic wi

According to Bank of America, the bank's Bull & Bear indicator rose to 9.7 this week, marking the highest level since 2021 and triggering a sell signal. Over the past seven days, $52.9 billion flowed into cash while $32.9 billion entered equities and $23.1 billion went to bonds. The technology

According to SoSoValue data, XRP spot ETFs recorded net inflows of $1.0127 million during the trading week of August 3-7 (EDT). Canary ETF XRPC led with $1.1467 million in weekly net inflows, bringing its historical cumulative net inflows to $468 million, followed by Franklin Templeton's XRPZ with $

According to SoSoValue, HYPE spot ETFs recorded net inflows of $2.8408 million during the trading week of August 3–7 (U.S. Eastern Time). As of the latest update, total HYPE spot ETF assets under management reached $257 million, representing 2.13% of HYPE's total market capitalization, with

According to SoSoValue, SOL spot ETFs saw net inflows of $144,900 for the week ended August 7 (U.S. Eastern time). Morgan Stanley's MSOL led with $1.004 million in weekly inflows, while Fidelity's FSOL experienced outflows of $859,500 during the same period. As of the reporting date, total assets

According to SoSoValue data, Ethereum spot ETFs saw net inflows of $245 million during the week of August 3-7, continuing five consecutive weeks of inflows. BlackRock's ETHA led the category with $203 million in weekly inflows, bringing its historical total to $11.65 billion. The combined Ethereum s

According to SoSoValue, Bitcoin spot ETFs saw net inflows of $854 million this week (Aug. 3-7). BlackRock's IBIT led inflows with $694 million, bringing its all-time net inflows to $61.17 billion. Fidelity's FBTC followed with $116 million in weekly inflows.

According to Yonhap Infomax, U.S. stock index futures declined on Aug 10 morning (Korean time 10:09 AM) as uncertainty grew over U.S.-Iran negotiations regarding freedom of navigation through the Hormuz Strait. E-mini S&P 500 futures fell 5.50 points (0.07%) to 7,724.25, while E-mini Nasdaq-100 futu

According to ING Bank, U.S. non-farm payrolls declined by 23,000 month-on-month in July, missing market expectations of an 80,000 job gain. Additionally, May and June figures were revised downward by a combined 103,000 positions. The unemployment rate fell to 4.1% from 4.2% in June, but ING noted th

According to SEC filings, Grayscale withdrew registration statements for three spot ETFs on August 7, completing all three withdrawals within 190 seconds. The withdrawn funds are Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF. Grayscale stated it does not i